Section 54EC · discontinuedDiscontinued
NHAI Capital Gain Bonds
National Highways Authority of IndiaSection 54EC series — discontinued from 3 September 2022
NHAI withdrew its 54EC capital gain bond series on 3 September 2022. Existing bondholders continue to receive interest until redemption; new Section 54EC money goes to REC, IRFC, PFC or HUDCO instead.
What happens now
New applications are no longer accepted for this series.
For a live Section 54EC investment, choose REC, IRFC, PFC or HUDCO — the mechanics and exemption are the same.
Holding legacy NHAI bonds? Bring the certificate details to a review and we'll diarise the redemption.
Worth knowing first
Existing NHAI 54EC bondholders keep receiving 5% p.a. every 1 April until their bonds redeem at the end of the five-year term.
The bonds remain non-transferable and non-negotiable until redemption.
If you hold NHAI bonds bought through any channel, we can help you track redemption dates and plan where the maturity proceeds go next.
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.
Holding legacy NHAI bonds?
Bring the certificate details to a review — we'll diarise the redemption and plan where the proceeds go next.
Talk to us