Non-Convertible Debentures (NCD)
A Fixed-Income Investment for Steady, Predictable Growth
Non-Convertible Debentures are secured, fixed-income instruments that offer a predictable rate of interest over a defined tenure — a stable way to grow your savings without exposure to market volatility. Unlike equity, NCDs cannot be converted into company shares. We offer NCDs as a secured redeemable debenture scheme with monthly or quarterly interest payout options.
The Scheme in Four Lines
What Makes an NCD Different from a Fixed Deposit?
Both are fixed-return instruments, but NCDs are typically structured with defined interest slabs by tenure and are transferable to a third party with company approval — an option not usually available with a bank FD.
NCDs are secured against company assets, offering a defined recourse structure, though — like any fixed-income instrument — they carry the credit risk of the issuer and are not government-guaranteed.
From Application to Maturity
- Available only to investors who have received a private offer from the company
- Investment can be made only via cheque or account transfer — cash is not accepted
- A duly filled application with photo, valid KYC and PAN is required
- Interest is paid out monthly or quarterly, as per your chosen option
- On maturity, your principal is refunded by cheque or account transfer
- TDS is deducted as per applicable IT rules
Interested in an NCD?
Send an enquiry and our investment desk will share the current tenure and payout options available to you.