REC Limited Launches ‘SUGAM REC’ Mobile App for Seamless 54EC Bonds Investment

REC Limited Launches 'SUGAM REC' Mobile App for Seamless 54EC Bonds Investment
REC Limited Launches 'SUGAM REC' Mobile App for Seamless 54EC Bonds Investment

REC Limited, a leading Non-Banking Financial Company (NBFC) renowned for its specialization in Power Sector Financing and Development, has unveiled the ‘SUGAM REC’ mobile application, a groundbreaking digital solution aimed squarely at investors keen on REC’s 54EC Capital Gain Tax Exemption Bonds. This exclusive app has been meticulously crafted to streamline the investment journey and elevate the overall experience for investors, whether they are established or prospective. Here’s a sneak peek into the features and benefits offered by ‘SUGAM REC’:

  1. Comprehensive Information: Investors can access a wealth of information about REC’s 54EC Bonds, including details about features, benefits, and eligibility criteria. This knowledge empowers investors to make well-informed decisions.
  2. Secure E-Bond Certificates: The app enables users to securely download their e-bond certificates, eliminating the need for cumbersome paperwork and ensuring convenient access to essential documents.
  3. Effortless Fresh Investments: ‘SUGAM REC’ provides a user-friendly interface that simplifies the process of applying for fresh investments, catering to both new and existing investors.
  4. Hassle-Free KYC Compliance: Investors can easily download essential KYC forms through the app, streamlining the compliance process.
  5. Prompt Support: The app facilitates direct communication with REC’s Investor Cell via multiple channels, including phone calls, emails, and WhatsApp messages, ensuring efficient and responsive assistance.

‘SUGAM REC’ is available for download on both Android and iOS platforms, ensuring accessibility for investors from diverse backgrounds. Established in 1969, REC Limited has played a pivotal role in India’s power sector financing and development. REC’s extensive portfolio spans the entire power sector value chain, encompassing Generation, Transmission, Distribution, and Renewable Energy. Notably, REC’s funding powers every fourth lightbulb in India. As a subsidiary of Power Finance Corporation Limited (PFC), a government-owned entity under the Ministry of Power, Government of India, REC Limited leverages over five decades of financial sector expertise to continue pioneering innovation and customer-centric solutions.