ICL Fincorp has announced its new issue of Secured Redeemable Non-Convertible Debentures (NCDs). This issue opens on April 10, 2026, offering an effective yield—or return—of 12.25%. The company states that this scheme could be an excellent option for individuals seeking a secure investment for a fixed tenure. According to the company, its previous NCD issue received a strong response from investors. Encouraged by this investor confidence, the company has now introduced this opportunity once again.
This issue will remain open until April 24, 2026. It has been assigned a rating of BBB- /Stable by ACUITÉ. Each NCD is priced at ₹1,000. The minimum investment required is ₹10,000, making it accessible for small investors to participate. This issue offers tenure options of 13 months, 24 months, 36 months, 60 months, and 72 months. There will be a total of 10 options (ISINs) available, allowing investors to choose their preferred interest payout frequency—monthly, annually, or as a lump sum upon maturity—based on their specific needs. The interest rates will range from 10% to 12.25%.
**ICL Fincorp's Operations Span Across Multiple States**
The company intends to utilize the proceeds raised from this issue to expand its business operations and further enhance the services provided to customers across the country. With nearly 35 years of experience, ICL Fincorp has firmly established itself as a trusted financial institution. Under the leadership of its Chairman and Managing Director, Advocate K.G. Anilkumar, the company's operations have witnessed significant growth. Currently, the company maintains a presence across 12 states—Kerala, Tamil Nadu, Andhra Pradesh, Telangana, Karnataka, Maharashtra, Odisha, Gujarat, West Bengal, Goa, Delhi, and Rajasthan—and is gradually expanding its footprint nationwide. Salem Aerod Investments—another company within the ICL Group and a Non-Banking Financial Company (NBFC) listed on the BSE—has also bolstered the company's financial position. ICL Fincorp offers services such as gold loans, hire-purchase loans, and business loans. Furthermore, the company has expanded its operations into sectors such as travel, fashion, and diagnostics. Under the joint leadership of Chairman and Managing Director Advocate K.G. Anilkumar and Uma Devi Anilkumar (Whole-time Director and CEO), the company operates in strict compliance with RBI regulations and remains focused on maintaining customer trust.
**How to Get in Touch**
The company encourages investors to take advantage of the opportunity for a secure, long-term investment through this new NCD issue. For further details, interested parties may visit their nearest ICL Fincorp branch or apply directly via the company's website: [www.iclfincorp.com](http://www.iclfincorp.com). Additionally, you may call +91 85890 20137 or +91 85890 20186 for more information.
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