ICL Fincorp NCD November 2024 – Effective Yield 13.73% p.a.

ICL Fincorp Secured, Redeemable, Non-Convertible Debentures (Secured NCDs) subscription to start on November 11, 2024. ICL Fincorp will offer 13.73% interest rates on the NCDs. ICL Fincorp NCD has a rating of CRISIL BBB-/Stable by CRISIL. The NCDs tenure is for 13, 24, 36, 60 and 68 Months. Check out ICL Fincorp NCD 2024 details here.

The NBFC(Non-Banking Financial Company)ICL Fincorp Limited was established in 1991 and began offering gold loans. The company provides loans against gold, where gold ornaments are kept as security. In addition to gold loans, ICL Fincorp also offers personal loans and business loans. The company operates in various states across India with a strong focus on customer onboarding, loan disbursal, and building an efficient ground management team. It has satisfactory financial performance such as revenue of 2024 ₹145.69 crore and assets worth ₹637.95 crore. As of September 30, 2024, the company had 295 branches, primarily located in the southern states of Andhra Pradesh, Telangana, Karnataka, and Kerala.