ICL Fincorp announce the launch of its latest public issue of Secured Redeemable Non-Convertible Debentures (NCDs), opening on 25th April 2025. With an effective yield of up to 13.01%, this offering presents an attractive and secure investment opportunity for those seeking flexible tenures.

ICL Fincorp said that they offer a secure service that ensures attractive rates of return and flexible tenure for investors. The issue has been designed to be accessible to all types of investors. And the value of 1,000, is available till May 9, 2025, ICL Fincorp said.

The NCD issue will remain open until 9th May 2025 and is rated CRISIL BBB- /STABLE. Each NCD carries a face value of 1,000, and the issue offers four schemes across ten options (10 ISINs), with interest rates ranging from 11.00% to 12.25%. The minimum application amount is 10,000, making it accessible to a broad spectrum of investors.

Proceeds from this issue will be strategically deployed to support our company’s growth initiatives and further enhance the quality of services offered to our customers and stakeholders across India, ICL Fincorp said. And ICL saying this step reaffirms our commitment to delivering reliable, innovative, and customer-centric financial solutions.

With a legacy of 34 years, ICL Fincorp continues to serve as a trusted financial partner under the visionary leadership of CMD Adv. K.G. Anil Kumar. Our growing presence spans 8 states-Kerala, Tamil Nadu, Andhra Pradesh, Telangana, Karnataka, Orissa, Maharashtra, and Gujarat- as we move steadily toward establishing a pan-India footprint.

The acquisition of Salem Erode Investments, a BSE-listed NBFC with a 93-year history in Tamil Nadu, has further reinforced our position in the financial sector.

ICL Fincorp offers a comprehensive portfolio of services, including Gold Loans, Hire Purchase Loans and Business Loans. The ICL Group has also diversified into sectors such as travel, fashion, diagnostics, and charitable initiatives.

Under the joint leadership of CMD Adv. K.G. Anil Kumar and Mrs. Uma Anilkumar, Whole-time Director & CEO, ICL Fincorp, continues to operate in compliance with the Reserve Bank of India’s standards, while earning the enduring trust of customers.

ICL Fincorp also invited customers to achieve a secure financial future by participating in the company’s growth.

Content Highlight: ICL Fincorp Secured NCD Public Issue, Commencing from 25th April 2025