Housing and Urban Development Corporation Tax Free Bond Feb 2014 Interest Rate up to 8.98% Pre tax Rate up to 13.56%

Company profile

HUDCO is a techno-financial institution engaged in the financing and promotion of housing and urban infrastructure projects throughout India.Established on April 25, 1970 as a wholly owned government company with the objective to provide long term finance and undertake housing and urban infrastructure development programmes.HUDCO is a public financial institution under section 4A of the Companies Act and have been conferred the status of “Mini-Ratna”.Has a pan-India presence through wide network of zonal, regional and development offices.Business is broadly classified into the following two business platform Housing finance, wherein the beneficiaries of our financing include State government agencies and borrowers belonging to all sections of the society in urban and rural areas.Urban infrastructure finance, wherein the beneficiaries of our financing include projects relating to social infrastructure and area development, water supply, sewerage and drainage, roads and transport, power, emerging sector, commercial infrastructure and others.

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