Get better rates than FD - Invest in Shriram NCD at 11.60 Per Annum

Shriram Transport Finance NCD

Issue Highlights : 

• Issue opens on 27th June.
• Coupon Rate upto 11.6% Per annum.
• The issue is rated 'CARE AA+' by CARE and 'AA (Ind)' by Fitch where the ratings indicate high stability, high creditworthiness and timely servicing of debt obligations.
• The allotments would be on First come First serve basis.

·         Issue Details :

Options	1	2
Frequency of payment	Annual	Annual
Face value of NCD (Rs/NCD)	Rs 1000	Rs 1000
Issue Price (Rs/NCD)	Rs 1000	Rs 1000
Min Application	Rs 10000 (10 NCDs) (for all options NCDs, namely options 1 and 2 either taken individually or collectively)
In Multiples of	Rs 1000 (1 NCD)	Rs 1000 (1 NCD)
Coupon Rate
Individual with application amount upto Rs 5 lacs	11.6% per annum	11.35% per annum
Individual with application amount greater than Rs 5 lacs	11.35% per annum	11.1% per annum
For all other category (QIB and Corporates)	11.1% per annum	11% per annum
Tenor	60 Months*	36 Months
Put and call option	Exercisable at the end of 48 months from the Deemed Date of allotment	Nil
*Subject to the exercise of the put and / or call option

About the Company - Shriram Transport Finance Co Ltd. :

• The largest Indian asset financing NBFC *, with a primary focus on financing pre-owned commercial vehicles.
• *The D&B Research Report and the CRISIL Report had named our Company as the largest asset financing NBFC in
  terms of their research based on various financial and nonfinancial parameters.
• Among the leading financing institutions in the organized sector for the commercial vehicle industry in India for FTUs and SRTOs.
• Access to a range of cost effective funding sources 
• Unique business model and a track record of strong financial performance
• Strong brand name & Extensive experience and expertise in credit appraisal and collection processes.

 How to Invest?

Just Email with your Name & Contact to get the Application form.

Note: Demat account is mandatory for applying

Email: info@safeinvestindia.com | Phone: 0-991-000-9312