Can we withdraw NCD before maturity?
NCDs cannot be withdrawn before maturity. Since NCDs are listed on the stock market they can be sold in the secondary market.
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What is NCD?
Non-Convertible Debenture (NCD) is fixed income instrument issued by companies to raise funds to meet various financial goals. NCD is listed in exchanges (ISIN number) and can be traded on stock exchanges. Interest on the investment amount can be ...
What is the maximum time allowed to keep an NCD open?
The maturity period for an NCD depends upon issuance of the debenture e.g. 3 years, 5 years, 10 years etc. The maturity of NCD can’t be extended beyond issuance of the debenture. This gives you flexibility to choose a fixed income between short and ...
What is the difference between NCD and FD?
Non-Convertible Debentures (NCD) are fixed income instruments issued by companies to raise funds to meet various financial goals. They are issued for a fixed tenure and offer a fixed rate of returns to the investor. Non‐Convertible Debenture is a ...
How can I withdraw funds?
Click on the funds button in the bottom menu. Click on withdraw button. Enter the amount and select a bank account out of the registered banks. Click on withdraw amount to submit the request
How NCD are traded?
Once the primary issue is closed and allotment given to the investors. The NCDs get listed in exchange then it stared trading in secondary market based on liquidity. So, you can either choose to subscribe when a company announces NCD or buy later ...