ATTRACTIVE INTEREST RATE AND BENEFICIAL TAXATION
➡️ Type of Instrument: Secured, Rated, Listed, Redeemable, Principal Protected Market Linked NCD
➡️ Rating of instrument: CARE PP-MLD A+/ Stable by CARE Ratings (“Rating Agency”)
➡️ Underlying Index: 10-year Government security price Bloomberg Ticker – IGB 6.54 17/01/2032
➡️ Coupon Rate: 8.50% payable at the end of 24 months under the terms of the Debentures.
➡️ Tenor: 24 Months from the date of allotment.
➡️ Face Value: Rs. 10,00,000
➡️ Taxation: Long term capital gain at 10% if sold (transferred) before maturity. If retained till maturity interest along with principal shall be paid under the terms of the Debentures.
➡️ Issuance Mode: Demat Only
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