There are twelve series of NCDs carrying fixed coupons and having a tenure of 24 months, 36 months, 60 months, and 120 months with annual, monthly, and cumulative interest options. Effective annual yield for NCDs ranges from 9.00% p.a. to 10.46% p.a.
The issue is scheduled to open on 08 April 2024, and close on 23 April 2024.