redeemable NCDs yield upto 11.00% p.a.
NCD?s are available in 8 different options.
The interest of these NCDs is payable monthly, yearly and on maturity.
The face value of the NCD bond is Rs 1,000.
Minimum investment is for 10 bonds means, you need to invest for a minimum of Rs 10,000. Beyond this you can invest in
multiples of 1 bond.