Chemslife Financial Services is one of the leading and well-diversified financial services companies in India offering services across brokerage (across the asset classes of equities (cash and derivatives), commodities and currency), investment banking, wealth management, distribution of third party financial products, research, financing, depository services, insurance broking and clearing services to corporate, institutional, high net worth individuals and other retail clients.
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- 1/137, 1/136 Second Floor, Mainroad East Street, <br>Velukkudi, Thiruvarur (Dt), Tamilnadu, 610 102.
- chemslifeoffice@gmail.com
- +91 95971 79325
- Monday to Friday: 9am to 6pm
- Velukkudi, Thiruvarur (Dt), Tamilnadu, 610 102.
- Support +91 95971 79325
Non Convertible Debentures (NCDs)
Chemslife Financial Services
Non Convertible Debentures (NCDs)
Investors want investment options that manage liquidity and risks while offering substantial returns. Debentures are long-term financial instruments issued by a company for specified tenure with a promise to pay fixed interest to the investor. Debentures are of two types, namely convertible debentures and non-convertible debentures (NCD).Non-convertible debentures (NCD) are those which cannot be converted into shares or equities. NCD interest rates depend on the company issuing the NCD.
NCD investment can be held by individuals, banking companies, primary dealers other corporate bodies registered or incorporated in India and unincorporated bodies.
Features
- Easily Tradable: NCD investment are listed on the open stock markets and exchanges.
- Direct Bank Credit: Interest on NCD investment is paid by a direct bank credit.
- Digitalised: Issuance and Trading of NCD investment is in the demat form only.
- Lower Risk: Only companies with a good credit rating can issue secured NCDs.
Benefits
- BETTER RETURNS: Secured NCDs provide a higher NCD interest rate to their investors.
- GOOD LIQUIDITY: Sell NCD investments on stock exchanges or exercise the Put/Call option.
- NO UPFRONT TAX: No tax is deducted at source as per the provisions of Sec 193 of the IT Act
- DIVERSIFICATION: NCD Investments add diversification to your portfolio with income security.