Section 54EC · AAAOpen · FY 2026-27
IRFC Capital Gain Bonds
Indian Railway Finance Corporation LimitedSection 54EC Tax Exemption Bonds, Series-X · FY 2026-27
The Indian Railways' financing arm issues its own 54EC series — the same capital-gains exemption and five-year lock-in, with interest paid every year on 15 October. Useful when you want to stagger interest dates across issuers.
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
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.
Forms & downloads
Rates and issue terms are as published by the issuer for the current series and are revised by the issuer 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.
Racing a Section 54EC deadline, or planning ahead?
Tell us your transfer date and the amount — we'll map the issuers, dates and paperwork so the exemption is never lost to a missed step.
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