Public issue of secured NCDs from Shriram Transport Finance Company Limited for Rs.500 Crores with an option to retain oversubscription up to shelf limit of Rs.3000 Crores.
Very attractive interest rates of up to 11.50% for 7 years, 11.25%for 5 years &11% for 3 years.
0.25% additional interest for Sr. Citizens.
Interest payment - Monthly, Annual & Cumulative.
Demat & Physical options available / For monthly option, ONLY Demat mode.
NO TDS, for any investment amount ONLY if applied in Demat route.
"CARE AA+" rating by CARE ,"CRISIL AA/Stable" rating by CRISIL & "IND AA+" rating by IRRPL.
Listing at NSE & BSE. Trading only in Demat route.
Issue opens on02/07/2014. Allotment is on"First Come First Serve"basis.
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