CIFCL-8.4%-9-8-28-NCDCIFCL-8.4%-9-8-28-NCDCIFCL-8.4%-9-8-28-NCD

CIFCL-8.4%-9-8-28-NCD

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Key terms


Outstanding amount
‪2.50 B‬INR
Face value
1,000.00INR
Minimum denomination
10,000.00INR
Coupon
8.40% (Fixed)
Coupon frequency
Annual
Yield to maturity
8.68%
Maturity date
Aug 9, 2028
Term to maturity
3 years

About CIFCL-8.4%-9-8-28-NCD


Sector
Finance
Industry
Finance/Rental/Leasing
Issue date
Aug 9, 2023
ISIN
INE121A07RE9
Cholamandalam Investment & Finance Co. Ltd. engages in the provision of financial services. It operates through the following segments: Vehicle Finance Loans, Loan Against Property, Home Loans, and Other Loans. The Vehicle Finance Loans segment includes loans to customers against purchase of new/used vehicles, tractors, construction equipment, and loan to automobile dealers. The Home Loans segment includes loans given for acquisition of residential property. The Loan Against Property segment includes loans to customer against immovable property. The Other Loans segment involves loans against shares and other unsecured loans. The company was founded on August 17, 1978 and is headquartered in Chennai, India.
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