Category I (Institutional Category)

•  Public Financial Institutions, Statutory Corporations, Commercial Banks, Co‐operative Banks and Regional Rural Banks which are authorized to invest in NCDs.

•  Provident Funds, Pension Funds, Superannuation Funds and Gratuity Fund, which are authorized to invest in NCDs.

•  Venture Capital Funds and/or Alternative Investment Funds registered with SEBI.

•  Insurance Companies registered with IRDA.

•  National Investment Funds.

•  Mutual Funds.

Category II (Non Institutional Category)

•  Companies; bodies corporate and societies registered under applicable laws in India and authorized to invest in the NCDs.

•  Public/Private Charitable/Religious trusts which are authorized to invest in NCDs.

•  Scientific and /or industrial research organizations; which are authorized to invest in the NCDs.

•  Partnership firms in the name of partners; and

•  Limited Liability Partnership formed and registered under the provisions of the LLP Act, 2008 (No.6 of 2009).

Category III (Individual Category)

•  Resident Indian Individuals.

•  Hindu Undivided Families through the Karta