IIFL Finance is launching a juicy investment opportunity with its new NCD public issue opening April 7. The company aims to raise ₹500 crore through these AA-rated debentures offering returns up to 10.25% per annum.
Investors can start with just ₹10,000 and choose tenors from 15 to 60 months. The highest yield (10.24%) comes with the 60-month option. With monthly, annual, and cumulative interest payout choices, this first-come, first-served opportunity closes April 23.
Source : CNBC TV 18
Grab 10.25% Returns! IIFL Finance's ₹500 Crore NCD Issue Coming Next Week