ICL Fincorp’s new NCD Issue opens on 10th April 2026, offering an effective yield up to 12.25%
ICL Fincorp is proud to announce the launch of its latestpublicissueofSecured Redeemable Non-Convertible Debentures (NCDs), opening on 10th April 2026. With an effective yield of up to 12.25%, this offering presents an attractive, secured investment opportunity for those who require flexible tenures.
Following the remarkable response to our previous NCD issues, we are truly honoured by the trust and confidence our valued investors have placed in us. Thiscontinuedsupportinspiresustodeliverevenmorerobustfinancialsolutions tailored to our customers’ evolving needs.
TheNCDissuewillremainopenuntil24thApril2026andisratedACUITÉBBB-
/STABLE.EachNCDcarriesafacevalueof₹1,000.Theissueoffers10options(10 ISINs), with tenures of 13, 24, 36, 60, and 72 months, with monthly, annual, and cumulativeinterestoptions,withinterestratesrangingfrom10.00%to12.25%.The minimum application amountis₹10,000,makingitaccessibletoabroadspectrum of investors.
The proceeds from this issue will be strategically used to support ICL Fincorp’s growth initiatives and to enhance the quality of services we provide to our customersandstakeholdersacrossIndia.Thisactionreaffirmsourcommitment todeliveringreliable,innovative,andcustomer-centricfinancialsolutions.
With a legacy of35years,ICLFincorphasestablisheditselfasatrustedfinancial partner under the visionary leadership of Adv. K.G. Anilkumar, Chairman & ManagingDirector.Ourexpandingpresenceincludestwelvestates:Kerala,Tamil Nadu,AndhraPradesh,Telangana,Karnataka,Maharashtra,Odisha,Gujarat,West Bengal, Goa, Delhi and Rajasthan, as we steadily build a Pan-India footprint. Salem Erode Investments, a BSE listed non-banking financial company (NBFC) under the ICL Group, has become a key vertical, enhancing our presence in the financial sector and further strengthening our position.
ICL Fincorp offers a comprehensive portfolio of services, including Gold Loans, Hire Purchase Loans, and Business Loans. The ICL Group has also diversified into various sectors such as travel, fashion and diagnostics.
UnderthejointleadershipofAdv.K.G.Anilkumar,Chairman&ManagingDirector and Mrs Umadevi Anilkumar, Whole-time Director & CEO, ICL Fincorp, being an NBFC, continues to operate in compliance with the Reserve Bank of India’s standards, while earning the enduring trust of customers.
As we present this new NCD issue, we warmly invite you to join us on our path toward financial growth, security, and long-term value. To know more: visit nearest ICL Fincorp Branch. To download application, visitwww.iclfincorp.com. For enquiries: call +91 85890 20137, +91 85890 20186
