ICL Fincorp has announced a new Secured Redeemable NCD issue opening on 17th November 2025, offering effective yields of up to 12.62% with multiple tenure options. Rated CRISIL BBB- / STABLE, the issue provides a secure and attractive investment opportunity for investors.
Kochi: ICL Fincorp has announced the launch of its latest public issue of Secured Redeemable Non-Convertible Debentures (NCDs), opening on 17th November 2025. With an effective yield of up to 12.62%, the issue offers investors a secure and attractive opportunity with flexible tenure options.
The NCD issue will remain open until 28th November 2025 and carries a CRISIL BBB- / STABLE rating. Each NCD has a face value of ₹1,000, and investors can choose from ten options with tenures of 13, 24, 36, 60 and 70 months, available in monthly, annual and cumulative interest plans. Interest rates range from 10.50% to 12.62%, and the minimum application amount is ₹10,000.
ICL Fincorp states that the funds raised will be strategically utilized to support the company’s growth initiatives and strengthen the quality of services offered across India. The company continues to focus on delivering reliable, innovative and customer-centric financial solutions.
With a strong legacy of 34 years, ICL Fincorp operates under the leadership of CMD Adv. K.G. Anilkumar, with a presence across 10 states, including Kerala, Tamil Nadu, Andhra Pradesh, Telangana, Karnataka, Maharashtra, Odisha, Gujarat, West Bengal and Goa. The acquisition of Salem Erode Investments, a BSE-listed NBFC with a 93-year history, has further enhanced the company’s footprint.
ICL Fincorp offers Gold Loans, Hire Purchase Loans and Business Loans, while the ICL Group has also diversified into travel, fashion, diagnostics and charitable initiatives. The company functions under the joint leadership of CMD Adv. K.G. Anil Kumar and Mrs. Umadevi Anilkumar, Whole-time Director & CEO, adhering to RBI’s regulatory standards.
For more details, visit the nearest ICL Fincorp branch. To download the application form, visit www.iclfincorp.com. For enquiries, call +91 85890 20137 or +91 85890 20186.
