| Options | I | II | III | IV |
| Interest payment | Quarterly | Semi-annual | Cumulative | Semi-annual |
| Minimum Application Amount | Rs 10,000 | Rs 10,000 | Rs 10,000 | Rs 10,000 |
| Face value of NCDs | Rs 1,000 | Rs 1,000 | Rs 1,000 | Rs 1,000 |
| Coupon | 9.51 % | 9.62 % | 9.95 % | 10.24 % |
| Yield on redemption | 9.85 % | 9.85% | 9.95 % | 10.50 % |
| Redemption date | 60 months | 60 months | 88 months | 120 months |
Thursday, August 20, 2009
L & T Finance NCD - Interest rates and maturity periods at a glance
Subscription period : August 18 - September 4
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