Edelweiss NCD offers up to 9.90%; should you go for it?
Edelweiss Financial Services Ltd has announced a Public Issue of SECURED Redeemable NCDs (Non-Convertible Debentures). This NCD provides 9.90% * return on capital risk-free . These NCD are secured by Government Guarantee , so this is a Secured investment without any the lock-in period which is redeemable by selling in the open market. Important Points This Secured NCD gives is a magnificent opportunity to retail investors to keep grow their savings at an excellent rate and with complete safety The minimum investment is only ₹10,000. This NCD has a Coupon rate of 9.70% with an extra incentive of 0.20% if the investor is also a shareholder of Edelweiss Financial Services. Edelweiss Financial Services is listed on both NSE and BSE having symbol as EDELWEISS. It closed at 80.8 per share on Wednesday 11 Aug 21. To Invest/Purchase this NCDs, investor must have a DEMAT Account as this NCDs are available in dematerialized form only. Click on the link below to open a f...
