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  • Email Us : mail@iclfincorp.com


ICL has obtained approval from Registrar of Companies, Chennai for the issue of Non-Convertible Debentures (NCDs). The NCDs issued by ICL are fully secured in nature. These NCDs carry a higher rate of interest than interest provided by commercial banks and other NBFCs.

These debentures are issued for a fixed period and there is no pre-closure facility available. Minimum amount for subscription of ICL NCDs is Rs.20,000 and multiples of Rs.1000 thereof.

The salient features of our NCDs are as follows:

  • High level of Integration, safety and quality
  • High Interest rate
  • Higher level of customized service
  • Wide service support
  • Minimum Documentation
  • Simple and transparent procedure
  • Facility to credit the interest to customer bank account
  • Facility to credit interest on monthly basis to prescribed bank account
  • Nomination facility available

Who can apply ICL NCDs?

  • Individuals, Partnership firms, Joint stock companies
  • Trust with Resident Indian status


a. Monthly interest withdrawal :
Period General Category Senior Citizens
13 Months 11.5% 12%
24 months 12% 12.5%
36 months 12.25% 12.75%

b. Cumulative Interest:
Period General Category Senior Citizens
13 Months 12% 12.5%
24 months 12.5% 13%
36 months 12.75% 13.25%

c. NCD for a period of 65 months - Investment doubles on cumulative basis.

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