ICL Fincorp’s New NCD Issue Opens on 31st July 2025,
Offering Effective Yield up to 12.62%
ICL Fincorp is proud to announce the lau nch of its latest public issue of Secured Redeemable .
Non-Convertible Debentures (NCDs), opening on 31st July 2025. With an effe ctive yield of up to 12.62%, this offering presents an attractive and secure invest ment opportunity for those seeking flex ible tenures.
Following the remarkable to our previo us NCD issues, which were over subscr ibed, we are truly response honoured by the trust and confidence placed in us by our valued investors.
This continued support inspires us to del iver even more robust financial solution s tailored to the evolving needs of our customers.
The NCD issue will remain open until 13th August 2025 and is rated CRISIL BBB- /STABLE.
Each NCD carries a face value of ₹1,000, and the issue offers 10 schemes with te n options (10 ISINs), with interest rates ranging from 10.50% to 12.00%. The mi nimum application amount is ₹10,000, making it accessible to a broad spectru m of investors.
Proceeds from this issue will b strategic ally deployed to support ICL Fincorp’s g rowth initiatives and further enhance th e quality of services offered to our custo mers and stakeholders across india.
This step reaffirms our commitment to d elivering reliable, innovative and custo mer-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. Anilkumar. Our growi ng presence spans 9 states –Kerala, Tam il Nadu, Andhra Pradesh, Telangana, Kar nataka, Maharashtra, Odisha, Gujarat,
and West Bengal – as we move steadily towards establishing a pan-India footpr int.
The acquisition of Salem Erode Investm ents, a BSE-listed NBFC with a 93-year history in Tamil Nadu has further reinfor ced our position in the financial sector.
ICL Fincorp offers a comprehensive por tfolio of services, including Gold Loans, Hire Purchase Loans and Business Loan s. The ICL Group has also diversified int o sectors such as travel, fashion , diagno
stics and charitable initiatives.
Under the joint leadership of CMD Adv. K.G. Anil Kumar and Mrs. Uma Anilkum ar, Whole-time Director & CEO, ICL Finc orp, continues to operate in compliance with the Reserve Bank of Ind’s standard s, while earning the enduring trust of customers.
As we unveil this new NCD issue, we warmly invite you to be a part of our journey towards financial growth, security and long-term value
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