Everything you need to know about HUDCO Capital Gain Bonds
HUDCO's 54EC bond from eligibility to redemption: interest, lock-in, the application and the documents it needs.
Watch on YouTubeBonds & Fixed IncomeOpen for FY 2026-27
HUDCO Capital Gain Bonds
Housing & Urban Development Corporation LimitedSection 54EC Tax Exemption Bonds, Series-II, FY 2026-27
HUDCO's 54EC series, the newest issuer in the family: the same exemption and five-year lock-in, with interest paid every 30 April.
5.25%
p.a., paid once a year
5 years
lock-in
₹20,000
minimum, two bonds
₹50 lakh
cap per financial year
How to invest through Sanriya
Download the application form below (or use the online form) and print it on A4 paper.
Attach a self-attested copy of your PAN card, a self-attested address proof and one cancelled cheque.
Mention Broker Code SSL-014 and Sub Broker Code 7350200256 on the form so the application is mapped to Sanriya, then we track it end-to-end.
We verify everything against the filled sample before submission, so small mistakes never delay your Section 54EC deadline.
Worth knowing first
- Interest rate
- 5.25% p.a., payable annually on 30 April
- Lock-in
- 5 years from deemed date of allotment
- Face value
- ₹10,000 per bond
- Minimum investment
- ₹20,000 (two bonds)
- Maximum investment
- 500 bonds (₹50 lakh) per financial year
- Credit rating
- AAA-rated public-sector issuer
The Section 54EC exemption applies to long-term capital gains invested within six months of the date of transfer, up to ₹50 lakh per financial year.
Interest is taxable at your slab rate, but no TDS is deducted on 54EC bond interest.
The bonds are non-transferable, non-negotiable and cannot be offered as security for any loan.
A demat account is not mandatory; the bonds can be held in physical form.
The term sheet
Housing and Urban Development Corporation Limited-HUDCO Capital Gain Bond 2026-27
- Type
- Housing and Urban Development Corporation Limited – HUDCO Capital Gain Bonds
- Lock-in-period
- 5 Years from Deemed Date of Allotment
- Coupon (% p.a.)/ Interest Rate /Payable
- 5.25% p.a, payable annually on 30th April of each year, Interest payment will be made by NECS/At Par Cheque/Demand Drafts
- Interest on Application Money
- At the prevailing Coupon Rate from the date of realization of cheque / demand draft / NEFT / RTGS.
- Issue Opens on and Closes on
- 01.04.2026 (tentative) and 31.03.2027
- Deemed Date of Allotment
- Last day of each month for application money cleared and credited in HUDCO's collection account
- Credit Rating
- ‘CARE AAA’ by CARE, ‘IND AAA' by India Ratings & Research Private Ltd, ICRA AAA' by ICRA Limited
- Face Value / Issue Price/ Minimum Investment
- Rs. 10,000/- per Bond / Minimum Investment Rs.20,000/-
- Maximum Investment Rs.
- 500 Bonds of Rs. 10,000/- each in a financial year (Subject to section 85 (erstwhile 54EC) of Income Tax Act, 1961)
- TDS / Tax Benefit:/Taxation
- Interest Taxable, Income Tax Act 1961 and TDS will not be deducted.
- Mode of Subscription
- 100% on application
- Transferability
- The Bonds are non-transferable, non-negotiable and cannot be Offered as a security for any loan or advance
- Maturity / Redemption AMT (Rs. Per bond)
- Bonds will be automatically redeemed by HUDCO on maturity, without the surrender of Bond Certificate(s) and the proceeds would be paid by cheque or NECS/ECS.
- Cheque / Draft to be drawn in the name of
- “HUDCO Capital Gain Bonds” for all Collection Banks except HDFC. In case of HDFC name of account is “HUDCO CAPITAL GAIN BONDS COLLECTION A/C”
- Do I need Demat Account
- Demat account is not mandatory, if you don't have demat a/c, then you will receive physical bond certificate like your Fixed Deposit.
- Do I need to open new bank a/c from application accepting bank
- No, cheque of your existing bank account of any bank will work for investments
Forms & downloads
Rates and issue terms are as published by the issuer for the current series and are revised from time to time. Always confirm the live rate on the application form before investing. Interest is taxable as per the Income Tax Act, 1961; tax treatment depends on individual circumstances.
Submitting the form
Take a print of the application form on A4 paper, attach the documents below, and submit it to us or to any listed bank branch.
1
PAN Card and Address Proof Photo Copy self-attested by applicant.
2
One Cancelled Cheque copy.(for ECS/RTGS/NEFT payment of Interest /Maturity Amount.)
3
Cheque / DD should be drawn in favour of “HUDCO Capital Gain Bonds” for all Collection Banks except HDFC. In case of HDFC name of account is “HUDCO CAPITAL GAIN BONDS COLLECTION A/C”
4
On First come First Serve Basis
5
Keep photocopy of application form for your record.
6
You can send your Application along with above document to below mention address:- Sanriya Finvest, Kamdhenu, 2nd Floor, Opp. Prakash (MSEB Office) Bhavan, Next to Bank of Baroda, Near Chattushringi Temple, above Tribes India, Senapati Bapat Rd, Shivajinagar, Pune, Maharashtra 411016, Mob. No. 9175193456 / 9175937625.
7
Before submitting your application , please send us an application image / soft copy / photocopy on whats app no. 9175193456 / 9175937625 to check if something is missing or needs to be corrected.
8
Or Submit / deposit your application form in Listed/ Design Bank Branches. (Find attached list below, Search for your city)
9
You need to carry properly filled application forms, submission centers do not provide application forms, only accept the forms and provide acknowledgement.
10
The Acknowledgement copy will suffice your taxation purpose.
11
Bond Certificate/ Letter of Allotment:- HUDCO will issue the Bond Certificates within 2 months from the deemed dated of allotment or such extended period as may be decided by HUDCO.
12
The actual bond will reflect in your demat account within 8-10 weeks’ time form date of allotment.
13
To track the status/allotment of your application form, send us the soft copy Application Form/ Acknowledgement Slip.
14
All application must have Broker Code: 056-SBICAP (SBI Cap Sec), Sub Broker Code: 7350200256.
15
Free* Home Service available in Pune*
16
Ask for service, not brokerage / commission / pass back / rebate, we don't entertain people of this kind.
Who can invest
- Individuals
- Hindu Undivided Families (HUF)
- Partnership Firm
- LLP
- Insurance Companies
- Companies and Body Corporates
- Provident Funds, Superannuation Funds and Gratuity Funds
- Banks
- Mutual Funds
- Financial Institutions (FIs)
- Foreign Portfolio Investors (Subject to existing regulations)
- RRBs
- NRIs/other foreign eligible investor investing out of NRO A/c on non-repatriable basis subject to applicable law
- Co-operative Banks
- Any other investor subject to applicable laws
Documents required
For Resident Indian Nationals:
- a] PAN CARD
- Documents in support of Name and Address (copies Self Attested in case of Individual, ANY ONE)
- a) Aadhaar Card
- b) Passport
- c) Driving License
- d) Identify Card issued by any institution
- e) Copy of the electricity bill or telephone bill showing residential address
- f) Any document or communication issued by any authority of the Central Government, State Government or local bodies showing residential address
- g) Voters Identity Card
- h) Ration Card
For NRIs/ Other foreign eligible investor
- a) Passport – Mandatory
- b) PAN Card
- c] Indian Address Proof
- d] Overseas Address Proof.
For Corporate-Investor
- Documents in support (copies attested by Company Secretary/Director)
- a) Certificate of Incorporation and Memorandum & Articles of Association
- b) Resolution of the Board of Directors and identification of those who have authority to operate
- c) Power of Attorney granted to its managers, officers or employees to transact business, on its behalf
- d) Copy of PAN/PAN Allotment letter.
For Partnership Firms-Investor
- Documents in support (copies attested by Notary)
- a) Registration certificate, if registered
- b) Partnership deed
- c) Power of Attorney granted to a partner or an employee of the firm to transact business on its behalf
- d) Any officially valid document identifying the partners and the persons holding the Power of Attorney and their addresses
- e) Telephone bill in the name of firm/partners
Trust & Foundations-Investor
- Documents in support (copies attested by Notary)
- a) Certificate of registration, if registered
- b) Power of Attorney granted to transact business on its behalf
- c) Any officially valid document to identify the Trustees, Settlors, Beneficiaries and those holding Power of Attorney, Founders/Managers/ Directors and their addresses
- d) Resolution of the managing body of the Foundation/Association
- e) Telephone bill
- f) Copy of PAN/PAN Allotment letter (otherwise exemption certificate issued by IT Authorities)
HUF
- All documents (as applicable) attested by Karta
- a) HUF Deed
- b) PAN and Address Proof of Karta
Paying by bank transfer
Original application along with necessary documents submit to the particular bank branch of your Location (collecting Bank on same day) along with UTRN / Payment details and Bank Statement.
HDFC Bank
- Beneficiary Name
- HUDCO / CAPITAL / GAIN BONDS / COLLECTION / A/C
- A/c No
- 50200109629574
- IFSC Code
- HDFC0000003
- Branch
- HDFC Bank, 209 – 214, Kailash / Building, 26, Kasturba Gandhi / Marg,110001
ICICI / Bank
- Beneficiary Name
- HUDCO / CAPITAL / GAIN BONDS
- A/c No
- 000405163236
- IFSC Code
- ICIC0000004
- Branch
- ICICI Bank Limited, Capital Market / Division, 163, 5th Floor, H. T. / Parekh Marg, Backbay / Reclamation, Churchgate, / Mumbai-400020
Yes / Bank
- Beneficiary Name
- HUDCO / CAPITAL / GAIN BONDS
- A/c No
- 001681100000111
- IFSC Code
- YESB0000016
- Branch
- Yes bank Ltd.,D-12, South / Extension Part II, New / Delhi ,122051
Axis / Bank
- Beneficiary Name
- HUDCO / CAPITAL / GAIN BONDS
- A/c No
- 925020020084002
- IFSC Code
- UTIB0000007
- Branch
- Axis Bank Ltd, New Delhi Main / Branch, 148 Statesman House, / Barakhambha Road, New Delhi – / 110001
IndusInd / Bank
- Beneficiary Name
- HUDCO / CAPITAL / GAIN BONDS
- A/c No
- 201034058456
- IFSC Code
- INDB0000005
- Branch
- DR GOPAL DAS,BHAWAN 28 / BARAKHAMBA ROAD NEW,NEW / DELHI,110001
Canara / Bank
- Beneficiary Name
- HUDCO / CAPITAL / GAIN BONDS
- A/c No
- 120034338611
- IFSC Code
- CNRB0003525
- Branch
- Canara Bank,Govt. Business / Branch, Delhi ,National Archives of / India,Adjoining Shastri Bhawan , / 11, Janpath ,Delhi -110001
Status, interest and maturity
For HUDCO Capital Gain Bond status of your Application, interest, maturity payment, bank / name change etc. contact the Registrar & Transfer Agent of issue :-
- Series II
- “Kfin Technologies Private Limited. / Selenium Tower B, Plot 31-32, Gachibowli, Financial District, / Nanakramguda, Hyderabad, Telangana 500 032 / Contact Person : Mr. K V S Gopal Krishna, / Tel. (040) 67162222, Mob : 9492937746 / Email: [email protected] / HUDCO: Housing and Urban Development Corporation, / Corporate Office: Core 7A, HUDCO BHAWAN, India Habitat Centre, Lodhi Road, New Delhi-110003, Tel. No: 011-24649610-21; / Email: [email protected]
Submission centres across India
Questions investors ask
Long Term Capital Gains are the gains made from the selling of a Long Term Capital Asset, and they are subject to Capital Gains Tax. However, if this balance is invested in HUDCO Capital Gain Bonds stated in Section 85 (erstwhile 54EC) within 6 months of the selling of the previous asset, such tax will be avoided.
Under Section 85 (erstwhile 54EC), there are four eligible bond options for investment: – 1. REC (Rural Electrification Corporation) 2. IRFC (Indian Railway Finance Corporation) 3. PFC (Power Finance Corporation Ltd) & 4. HUDCO (Housing and Urban Development Corporation Ltd)
5 years from the Deemed Date of Allotment. If the amount has been paid for the purchase of the bonds, the application cannot be withdrawn. These bonds are not traded on a stock exchange.
A 5.25% annual payment is provided HUDCO Capital Gain Bonds.
The interest is only paid yearly.
The interest on HUDCO Capital Gain Bonds is due on 30th April of each year. Normally, the interest is credited by NEFT / RTGS on the same or next day (subject to banking holidays).
No, the interest earned on HUDCO Capital Gain Bonds is taxable…
TDS will not be deducted on HUDCO Capital Gain Bonds, but interest will be taxable.
The HUDCO Capital Gain Bonds issue begins on April 1, 2026 (tentative) and ends on March 31, 2027.
Payment can be made by cheque, DD, RTGS, or NEFT (details given above)
You may apply for the section 85 (erstwhile 54EC) HUDCO Capital Gain Bonds either offline with physical forms or download form online from www.sanriya.in.
100% on applicant allotment can be completed, provided the application is in place.
Last day of each month for application money cleared and credited in companies collection account.
From the date of realization of the cheque / demand draft / NEFT / RTGS , at the prevailing Coupon Rate
Rs.10,000/- per bond / Rs.20,000/- as a minimum investment
In a financial year, 500 bonds of Rs. 10,000/- each (Subject to section 85 (erstwhile 54EC) of Income Tax Act, 1961)
Each bond must be worth Rs. 10,000/-, so you can purchase either 57 or 58 bonds, i.e. Rs. 5,70,000 or Rs. 5,80,000 respectively.
Since each bond is worth Rs. 10,000/-, the company will give you 250 bonds in a single certificate.
These HUDCO Capital Gain Bonds can be purchased in either physical or demat form. A demat account is not mandated; there is no need to open a new one. If you do not have a demat account, you will get a physical bond certificate similar to your Fixed Deposit Receipt.
There is no need to open a new bank account; a cheque from your existing bank account from any bank would sufficient for investments. (It is not required to open bank account with application submission center)
HUDCO Capital Gain Bonds are non-transferable, non-negotiable, and cannot be used as collateral on any bank advance or loan.
At maturity, HUDCO Capital Gain Bonds will be immediately repaid without the surrender of Bond Certificate and the invested amount will be transferred to the investor's bank account via RTGS, NEFT or cheque (If a bank credit is rejected due to a change of account number, IFSC code, the closure of a bank account, etc.). If yo have not received the amont then contact the Registrar of Issue or your broker.
No, brokerage is paid by HUDCO Capital Gain Bonds to broker.* (Broker gets only 0.05% of invested amount.) So ask for service, not brokerage.
No, it is illegal.
If your location has not mentioned in the list, in that case you have to send Capital Gain Bond Application Form along with above document to below mention address by registered post or courier :- Sanriya Finvest, Kamdhenu, 2nd Floor, Opp. Prakash Bhavan, Next to Bank of Baroda, Near Chattushringi Temple, above Tribes India, Senapati Bapat Rd, Shivajinagar, Pune, Maharashtra 411016, Mobile No: 9175193456 / 9175937625 We will inform you on receipt of your application, will check everything and update you if any this is pending, will submit your form and send you the acknowledgement.
Kindly contact the registrar of issue for information on the status of your application form, interest payments, maturity payments, change of bank data, name change, candidate change, and so on for HUDCO Capital Gain Bonds
Yes, you can submit several applications; however, the maximum tax benefit is Rs 50 lakhs under section 85 (erstwhile 54EC)
You may only get one nominee per application form.
It is entirely optional.
Yes, you must submit the required paperwork, as well as your UTRN No. / Payment reference number, to the nearest bank branch.
Your acknowledgement would serve as evidence of your investment. The certificate could arrive at any time from HUDCO Capital Gain Bonds.
If you have applied for allotment in demat mode, you will not get a physical certificate; instead, your bonds will be reflected in your demat account as frozen holdings.
It usually takes 8 weeks from the date of your cheque clearance, but it can be delayed by 15 days at times.
Housing & Urban Development Corporation Limited
Our Company was incorporated as “The Housing and Urban Development Finance Corporation Private Limited” on April 25, 1970, as a private limited company under the Companies Act, 1956, and was granted a certificate of incorporation by the then Registrar of Companies, Delhi. Subsequently, the name of our Company was changed to its present name, “Housing and Urban Development Corporation Limited” and a fresh certificate of incorporation dated July 9, 1974, was issued by the then Registrar of Companies, Delhi & Haryana. Our Company was notified as a public financial institution under Section 4A of the Companies Act, 1956 on December 9, 1996, by the Department of Company Affairs, Ministry of Finance, GoI. Further, the NHB issued a certificate of registration to us on July 31, 2001, permitting us to carry on the business of a housing finance institution.
Our Main Objects
The main objects of our Company as contained in our Memorandum of Association are:
to provide finance/ credit facility to the Housing and Infrastructure Sectors/ Sub-sectors, with special emphasis on urban development.
to finance or undertake or collaborate for development of the Housing and Infrastructure Sectors/ Sub-sectors including the setting up of new / satellite towns, in India and abroad.
to subscribe to the debentures and bonds issued for the purpose of financing Housing and Infrastructure Sectors/Sub-sectors.
to finance or undertake the setting up of industrial enterprises of building material.
to administer the funds received, from time to time, from the Government of India and other sources as grants or otherwise for the purposes of channelizing or financing Housing and Infrastructure Sectors/ Sub-sectors or undertaking or assisting in development thereof in the country.
to promote, establish, assist, collaborate and provide consultancy services relating to Housing and Infrastructure Sectors/ Sub-sectors in India and abroad.
to undertake the business, or invest in and/or subscribe to the units/ shares etc., of Alternate Investment Funds (AIF), Real Estate Investment Trust (REIT) and/ or Infrastructure Investment Trust (InvIT) pertaining to Housing and Infrastructure Sectors/ Sub-sectors and also facilitating Innovations in these Sectors/ Sub-sectors.
to set up HUDCO’s own Mutual Fund for the purpose of Housing and Infrastructure Sectors/Sub-sectors and/or invest in, and/or subscribe to the units etc. of Mutual Funds.
The main object clause and objects incidental or ancillary to the main objects contained in the Memorandum of Association and Articles of Association enable our Company to undertake its existing activities.
From our channel
Watch, then apply
Short explainers on HUDCO Capital Gain Bonds from the Sanriya Finvest channel, a few minutes each.
How to apply for Capital Gain bonds?
The 54EC application end to end: the form, the cheque or transfer, the documents and where to submit it.
Watch on YouTubeHow to Save Capital Gains Tax on Property (Legally)
The routes the Income Tax Act allows after a property sale, and where Section 54EC bonds come in.
Watch on YouTubeRacing a Section 54EC deadline, or planning ahead?
Tell us your transfer date and the amount. We map the issuers, dates and paperwork so the exemption is never lost to a missed step.
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