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How to buy capital gain bonds online?

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Capital gain bonds are often referred to as 54EC bonds. These bonds serve as tax-saving mechanisms. These are investment options that act as a kind of bond. They are a part of fixed-income instruments. We are eligible for tax exemption when we invest in 54EC bonds or capital gain bonds. Before I tell you how to purchase capital gain bonds, I would like to tell you a little more about 54EC bonds.

54EC bonds are also known as tax saving bonds. As an investor in 54EC bonds, you will not have to pay any kind of tax on any long-term capital gains which are derived from sale of any property. This will be true in case the amount that is accrued as capital gains is invested in some specific bonds. 

How to purchase capital gain bonds online?

Directions for submitting the 54EC CGTE Bonds online application form by debit card or net banking:

  1. Select the ‘Fill a New Form online’ option.

  2. Fill up the form and then submit it.

  3. You will receive an SMS once your application is submitted.

  4. Now you will have to download the duly filled application form.

  5. Then click on the ‘Upload Application/KYC Documents’ option.

  6. Enter the details of the application form to validate the application number, email ID, and mobile number.

  7. Click on the ‘Get OTP’ option to get an OTP on your mail and mobile number.

  8.  Validate using the OTP. After validation, the application will appear on the screen.

  9. Upload all the documents that are asked and then proceed to make the payment.

  10.  You can make use of any payment mode to make the payment. 

  11.  Once the payment is done you will get an acknowledgement letter.

Now you know how to purchase capital gain bonds.

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0 2022-03-28T17:50:26+00:00
If you are an investor earning long-term capital gains, then 54EC bonds are meant for you. If you invest in these bonds, then you can get a tax exemption on the long-term capital gains. They are known as 54EC bonds because the tax deduction is available under the Income Tax Act (Section 54EC). These bonds are generally floated by 3-4 companies including IRFC, PFC, and REC. Let me tell you how to buy capital gain bonds online: How to Buy Capital Gain Bonds Online You can invest online in PFC, REC, and IRFC Capital Gain Bonds using the links given below. However, NHAI isn’t available through SBICap securities. IRFC REC PFC Online Application Form Click on any of the links provided above, read the instructions carefully, and tap on ‘Fill Application Form Online' Terms and Conditions Read the disclaimer and tap on ‘Agree’. Physical or Demat mode Enter all the relevant details and tap on ‘Submit’. You can choose to opt between the physical and Demat mode. However, if you want to hold bonds in Demat form, choose the depository CDSL/NSDL and fill in your Demat account details. Print and Sign After submitting the application form, a unique application will be generated. Tap on the “download the application form”, take a print and sign it. Now, tap on the ‘Back to page’. Upload the Form Tap on the “Upload Application” button OTP Verification Fill in your mobile number, email ID, and application number to generate OTP. ‘Validate’ the OTP and upload the signed application form, Address Proof, ID proof, and tap on “proceed to payment”. Make the payment Pay online through net banking/debit card to complete the transaction. The effective date of investment would be the date of credit of funds in the bank account of the issuer. Read more: What is indemnity bond for property ? What is Long Term capital gains Tax? How to calculate capital gains tax? Now you know how to buy capital gain bonds online.  
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