"SECURED NON-CONVERTIBLE DEBENTURES"
Interest Rate (called coupon rate)
11% for monthly option. (Min investment Rs 1,00,000/-)
11.25% for quarterly option.
12% for annual and cumulative option.
Minimum Investment Rs 10,000/- and in multibles of Rs 1,000/-
( face value Rs 1,000/-)
Advantages:
No TDS on interest payment.
Term 5 years ( option to redeem after 3 years)
will be traded in the NSE.
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