10.50% Esaf Small Finance Bank Limited - A Rated (INE818W08016)

Esaf Small Finance Bank Limited, a Other Bank company, has floated Debenture, having ISIN value as INE818W08016, with a face value of ₹10,00,000 rs on 30Dec17 to raise 20 crores. The debt instrument is issued with a coupon rate of 10.50% and its interest is paid Semi Annually. The returns are Taxable and one has to pay the applicable tax on the returns from this investment. As per the filings, the long description of this Unsecured Debenture is 10.50% UNSECURED RATED LISTED REDEEMABLE NON CONVERTIBLE BASEL III COMPLIANT TIER 2 BONDS. ESFB TIER II SERIES 2017-18. LETTER OF ALLOTMENT. DATE OF MATURITY 30/12/2024. This instrument is issued in Private Placement mode. It has Simple coupon type with Full Redemption option. The Debenture is listed on BSE stock exchange on 12Jan18. CARE Ratings Limited has given A rating to this Debenture on 30Dec17. Neither the Principal nor the Interest is covered for this Debenture. Yes, this debt instrument is Perpetual In Nature.