What are NCDs?
Non-convertible debentures or NCDs are fixed income instruments. Issued by highly rated companies for long-term wealth creation, NCDs have a fixed maturity date. Interest along with the principal amount can be paid either monthly, quarterly or annually.
Non-convertible debentures can be secured (backed by the issuing company’s assets) or unsecured (not backed by the issuer’s assets).
How do I invest in NCDs with us?
SBICAP Securities Ltd., makes it extremely easy and hassle-free to invest in NCDs. You can invest in them either in Demat or physical mode by downloading the form and submitting it to the nearest branch of SBICAP Securities. Also, with us, you can sell them directly through your Demat account, once they are listed on the exchange.
Benefits of NCDs: