Muthoot Finance NCD Issue Dates, Rating & Interest Rates

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Muthoot Finance NCD is around Rs.200 crore size. The Muthoot Finance NCD issue is rated by ICRA and Crisil as AA/Stable. The rating says that one should invest in this NCD. There are total 11 types of secured and unsecured options. There are monthly and yearly interest plans which gives upto 9.06% of interest rate annually. The tenure are starting from 400 days to 60 months and the unsecured ncd is 96 months.

Muthoot Finance NCD Issue Details:

  • NCD Issue Open: 11 April 2017
  • NCD Issue Close: 10 May 2017
  • NCD Issue Size: Rs.200 Crore
  • Price Band: Rs.1000 Each
  • Interest Rate: Upto 9.06% ** (Monthly/Annually)
  • Minimum Investment: 10 Bonds (Rs 10,000)
  • Maximum Investment: 1000 Bonds (Rs 10 Lakhs) (Retailers)

Muthoot Finance NCD Issue Rating: (Secured & Unsecured)

  • ICRA: AA/Stable
  • CRISIL: AA/Stable

Muthoot Finance NCD Issue Listing:

  • NCD Bonds will be list on BSE. It will entail capital gains tax on exit through secondary market.

Muthoot Finance NCD Issue Allotment:

  • First Come First Serve

How to Apply Muthoot Finance NCD Issue?
You can apply from your existing demat account online and offline. You can apply via downloading form from the official website and filling up all the details with the cheque of said amount. You can submit it to the collection centers.

Download Form for Offline Application: Click Here

Muthoot Finance NCD Issue Tenure & Interest Rates:

Category Type Tenure Interest (A) Int. Payment
I Secured 24 Months 8.25% Monthly
II Secured 38 Months 8.50% Monthly
III Secured 60 Months 8.75% Monthly
IV Secured 24 Months 8.50% Annually
V Secured 38 Months 8.75% Annually
VI Secured 60 Months 9.00% Annually
VII Secured 400 Days 8.00% Maturity
VIII Secured 18 Months 8.15% Maturity
IX Secured 24 Months 8.25% Maturity
X Secured 38 Months 8.50% Maturity
XI Unsecured 96 Months 9.06% Maturity

Muthoot Finance NCD Lead Manager:

  • A.K. Capital Services Limited
  • Edelweiss Capital Limited

NCD Registrar:
Link Intime India Private Ltd
Phone: +91-22-25963838
Fax: +91-22-25946969
Email: [email protected]
Website: http://www.linkintime.co.in

Company Information:
Muthoot Finance Ltd
Muthoot Chambers,
Opp Saritha Theatre Complex, 2nd Flr,
Banerji Road, Kochi 682 018
Phone: (+91 484) 239 4712
Fax: (+91 484) 239 6506
Email: [email protected]
Website: http://www.muthootfinance.com

Muthoot Finance Prospectus: Click Here

Disclaimer: This content is provided strictly for educational and informational purposes. The securities or investments mentioned are not to be considered as investment advice or recommendations. The Investors are advised to do their own research or connect with a financial advisor before making any investment decisions.