Is NCD a Share or a fixed deposit?
NCD is neither a share nor fixed deposit. It is similar to fixed deposit in the sense that, the return and tenure is fixed.
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How fixed deposit from ledger will be treated?
In case you have opted for fixed deposit from ledger, any unutilized margin on the day of settlement payout will lead to liquidation of fixed deposit. Interest rate will be reduced based on tenor and Prematurity penalty will be applicable.
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 ...
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 ...
How do I check FAN Deposit Shares?
Login to AAA (aaa.indiainfoline.com) >Go to Report > Click on Shares Deposit under Others.