Subscribe to the Shriram Transport Finance Non-Convertible Debenture (NCD) issue from the comfort of your home.
Hassle Free Process – No More Queues. Here’s How :
You need not be an HDFC Securities customer. All you need is a Demat A/c, Savings Bank A/c with any bank. If you do not have a Demat A/c, we will help you open one.
*The D&B Research Report and the CRISIL Report had named Shriram Transport Finance Ltd. as the largest asset financing NBFC in terms of their research based on various financial and nonfinancial parameters.
|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)|
|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|