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Non Convertiable Debentures

Debentures are long-term financial instruments issued by a company for specified tenure and come with a fixed rate of interest to the investor. Debentures are convertible and non-convertible. Non-convertible debentures (NCD) are instruments that cannot be converted into shares or equity. Non-convertible debentures (NCD) are fixed-income instruments, issued by reputed companies, rated above AA and in the form of a public issue for capital-raising. NCDs offer relatively higher interest rates compared to convertible debentures.

Advantages of IFIN products

  • We have 28 branches across India
  • Experienced certified professionals
  • NCD investment done via centralized bidding through exchange
  • Fast turnaround times for applications or any resolutions
  • Doorstep service for Senior Citizens and other clients.

Main benefits of the product:

  • Higher interest rates than conventional FD's and bonds
  • NCD's offer lower risk based on the rating given
  • NCD investment are listed on exchanges and hence tradable
  • Available for tenures ranging from 1 year to 10 years
  • NCD's are secured and unsecured
  • As per the investor’s tax bracket. No TDS.
  • NCD's offer portfolio diversification

Consumer Journey

  • OPEN NCDs
  • Forthcoming Issues
  • Application forms for Open issues
  • Documents required
  • Contact Us Now
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