The NCD issue has tenure options of 13 months, 24 months, 36 months, 60 months and 68 months. Investors can opt to receive the payouts on a monthly, yearly or cumulative basis. The interest rates vary according to the option preferred by the investor. The 68 month tenure offers an effective yield of 13.73% and the investor stands to get his investment doubled. The highest interest rates under each tenure are 12.50 % for 60 months, 12.00% for 36 months, 11.50 % for 24 months and 11.00% for 13 months. Investors can download the issue prospectus from www.iclfincorp.com to review all 10 options and understand the issue structure. The application form can be downloaded from the same website. For more enquiries investors can also opt to visit their nearest ICL Fincorp branch or call at 1800 31 333 53, +91 85890 01187, +91 85890 20137 and 85890 20186.
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