9.25% Indel Money Limited (INE0BUS07221)

Indel Money Limited, a Non-Banking Financial Company (NBFC) company, has floated Debenture, having ISIN value as INE0BUS07221, with a face value of ₹1,000 rs on 09Dec21 to raise 1.065 crores. The debt instrument is issued with a coupon rate of 9.25% and its interest is paid 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 Secured Debenture is 9.25% SECURED UNRATED UNLISTED NON CONVERTIBLE DEBENTURE. LETTER OF ALLOTMENT. SERIES CXXVI.DATE OF MATURITY 09/12/2026. This instrument is issued in Private Placement (non-EBP) mode. It has Simple coupon type with Full Redemption option. The Bond is Not listed on any stock exchange. This debt instrument is Unrated. This issuer is formerly known as INDEL MONEY PRIVATE LIMITED, PAYAL HOLDINGS PRIVATE LIMITED Neither the Principal nor the Interest is covered for this Debenture. Yes, this debt instrument is Perpetual In Nature.