NCD Payout Structure

NCD's - Payout Structure

OPTIONS I II III IV V VI VII VIII IX X XI
Frequency of Interest Payment Monthly Cumulative Monthly Monthly Annual Monthly Annual Monthly Annual Cumulative Monthly
Minimum Application 5 NCD's (₹50,000) across all options of NCD's
In Multiples of thereafter 1 NCD after the minimum application
Face Value of NCD ₹10,000
Issue Price NCD ₹10,000
Tenure 400 Days 16 Months 18 Months 2 Years 2 Years 3 Years 3 Years 5 Years 5 Years 63 Months 100 Months
Coupon (%) per annum 9.75% 10.00% 10.25% 11.00% 11.25% 12.00% 12.25% 13.00% 13.25% 13.50% 13.00%
Mode of Interest Payment / Redemption Through various options available
Deemed Date of Allotment The date on which the Board or the Debenture Committee approves the Allotment of NCD's. All benefits including interest will be available from this date.
Put and Call Option Not applicable
Nature Secured
Note: 10% TDS applicable on interest paid.
NCD Payout Structure

NCD's - Payout Structure

OPTIONS I II III IV V VI VII VIII IX X XI
Frequency of Interest Payment Monthly Cumulative Monthly Monthly Annual Monthly Annual Monthly Annual Cumulative Monthly
Minimum Application 5 NCD's (₹50,000) across all options of NCD's
In Multiples of thereafter 1 NCD after the minimum application
Face Value of NCD ₹10,000
Issue Price NCD ₹10,000
Tenure 400 Days 16 Months 18 Months 2 Years 2 Years 3 Years 3 Years 5 Years 5 Years 63 Months 100 Months
Coupon (%) per annum 9.75% 10.00% 10.25% 11.00% 11.25% 12.00% 12.25% 13.00% 13.25% 13.50% 13.00%
Mode of Interest Payment / Redemption Through various options available
Deemed Date of Allotment The date on which the Board or the Debenture Committee approves the Allotment of NCD's. All benefits including interest will be available from this date.
Note: 10% TDS applicable on interest paid.