CBDT has notified New Infrastructure Bonds u/s 80CCF. An Individual or HUF can invest in these new infrastructure Bonds up to Rs.20000/- in this financial year to avail deduction under section 80CCF. This limit is over and above the Rs. 1, 00,000/- limit of section 80C, 80CCC, 80CCD.

These "Long Term Infrastructure Bond" will be available to Individual or HUF investors only.
Tenure of the Bonds will be 10 Years with a minimum lock in period of five years.
After 5 years investor may exit either through the secondary market or through a buyback facility, specified by the issuer in the issue document at the time of issue.
Issuer of the Bonds is LIC, IFCI, IDFC and other NBFC classified as Infrastructure FinanceCompany by RBI (already notified PFC, REC, L&T Finance, PTC India Financial Services Ltd).
There is a limit of total amount of Bonds which can be issued by these companies.
Permanent Account Number is must to apply these bonds.
Yield of the bond – The yield of the bond shall not exceed the yield on government securities of corresponding residual maturity, as reported by the Fixed Income Money Market and Derivatives Association of India (FIMMDA), as on the last working day of the month immediately preceding the month of the issue of the bond.