REC Limited A Government of india Enterprise A Maharatna Company

Serviced by

Query Window - Till Series XVII

Application No. :
First Applicant's Pan :
First Applicant's Name :
Folio No./DPID Client ID :

As per the Company's internal Procedure, the allotment of bonds will be done on the following lines:

1. On receipt of payment into REC account, the schedule of bonds allotment will be done as follows.

Payment Received Between Allotment Schedule
01st to 15th of the Month Last date of the Month
16th to Last date of the Month 15th of Next Month

2. In case the bonds are applied

  1.   in demat Mode, the bonds shall be credited in investor's demat account within 10-15 days from the date of allotment.
  2.   in Physical Mode, the Bond Certificate shall be dispatched to the registered address of the investor’s within 30-45 days.

3. Investor shall be eligible for Interest and Capital gain benefit from the receipt of funds in REC Account.