Subordinated Debt
A Long-Term Investment for Steady, Fixed Monthly Income
Subordinated Debt offers a fixed monthly interest payout over a 5-year term, making it a reliable way to grow your savings with predictable, regular income. Funds raised through this scheme support the company's long-term growth and lending activities, including gold loans and other secured and unsecured lending across Kerala. It is issued as a non-marketable certificate and, being an unsecured instrument, is subordinated to the claims of other creditors.
At a Glance
The Scheme in Four Lines
Fixed Tenure
Fixed tenure — 60 or 72 months
Regular Payout
Monthly, quarterly, yearly or on maturity
Non-Marketable Certificate
Non-marketable certificate
Banking Channel Only
Cheque or account transfer only
Comparison
How It Differs
- Security: Subordinated Debt is unsecured; NCDs are secured against company assets
- Repayment priority: In a claims scenario, Subordinated Debt is repaid after other creditors, including NCD holders
- Tenure: Fixed at 60 months, with no option for early redemption
- Interest: Monthly, quarterly, yearly or on maturity — your choice at the time of investment
How It Works
From Application to Maturity
- 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
- On maturity, your principal is refunded by cheque or account transfer
- TDS is deducted as per applicable IT rules
- The investment cannot be redeemed before the end of the 60-month term
Planning a 5-year income stream?
Our investment desk will explain payout modes, documentation and the certificate you receive.