DBT Bureau
Pune, 20 August 2026
Karnataka Bank has announced its empanelment as an Arranger and Collector for HUDCO Capital Gain Bonds, strengthening its investment solutions for customers.
With the empanelment, Karnataka Bank joins a select group of arrangers facilitating investments in government-backed Capital Gain Bonds issued by Housing and Urban Development Corporation Limited (HUDCO), Rural Electrification Corporation (REC), Power Finance Corporation (PFC), and Indian Railway Finance Corporation (IRFC).
These bonds are available under Section 54EC of the Income Tax Act, 1961, offering eligible investors a tax-saving investment option against long-term capital gains.
Capital Gain Bonds offer eligible taxpayers an opportunity to save tax on long-term capital gains while investing in secure, Government-backed instruments. Through this arrangement, Karnataka Bank customers can conveniently subscribe to HUDCO Capital Gain Bonds across the Bank’s extensive branch network, backed by dedicated relationship management and seamless customer service.
The addition of HUDCO Capital Gain Bonds further strengthens Karnataka Bank’s investment offerings, reflecting its continued focus on innovative financial products tailored to the evolving needs of retail and institutional customers.
Customers may visit their nearest Karnataka Bank branch for detailed information on eligibility, investment limits, subscription process, and applicable terms and conditions.
