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For investors, the issue offers effective annual yields ranging from 8.89% to 9.25%, depending on the tenure selected. The NCDs are available across 24, 36, 60 and 72-month tenures, with a face value of Rs 1,000 each, the company said in a release. The company plans to raise up to Rs 700 crore through the tranche, comprising a base issue size of Rs 350 crore and a green shoe option of another Rs 350 crore. The issue falls within the company's overall approved shelf limit of Rs 3,000 crore. Where will the proceeds be used? Muthoot FinCorp said the net proceeds from the issue will be used for onward lending and financing, repayment or prepayment of interest and principal on existing borrowings, and general corporate purposes. The stated use of proceeds makes the NCD issue relevant for investors evaluating both the return offered and the company's intended deployment of funds. Also read: How Vijay Kedia turned a Rs 250 Neuland Labs bet into nearly 100x returns What returns are on offer? The NCDs offer effective annual yields of 8.89% to 9.25%, depending on the tenure and option selected, according to the company. Investors can choose between four tenures—24 months, 36 months, 60 months and 72 months, giving them different maturity periods to consider based on their investment horizon. The NCDs have been assigned ratings of Crisil AA/Stable by Crisil Ratings Ltd and BWR AA+/Stable by Brickwork Ratings India Pvt Ltd. According to the company, the ratings indicate a high degree of safety for timely servicing of financial obligations. The securities are proposed to be listed on the debt market segment of BSE Ltd. How can investors apply? For individual investors applying through intermediaries such as syndicate members, stockbrokers, registrars and transfer agents, and depository participants, applications of up to Rs 5 lakh will have to be made through UPI for fund blocking, along with a valid UPI ID. Investors can also apply through self-certified syndicate banks and the stock exchange platform. The issue is scheduled to remain open until September 22, subject to early closure with the approval of Muthoot FinCorp's board of directors or its stock allotment committee, in accordance with applicable SEBI regulations. Shaji Varghese, CEO – Muthoot FinCorp, said, “We are pleased to announce the launch of our new NCD series, offering investors a secured investment opportunity... Participation is made seamless through our extensive network of over 3,845 branches, our mobile app - Muthoot FinCorp ONE, and through our partner network.” Muthoot FinCorp is the flagship company of the Muthoot Pappachan Group and operates a network of 3,845 branches across 25 states and union territories in India, as of June 30, 2026. Disclosure: This article has been written by Kumar Gaurav, who is not a Sebi-registered Research Analyst or an investment advisor. Gaurav does not hold any financial interest in the company named in the article as of the date of publication. The views/recommendations mentioned in this article, wherever applicable, are those of the respective Sebi-registered Research Analyst/brokerage and have been reproduced/reported with due attribution. They should not be construed as the views or recommendations of the EconomicTimes Digital or the journalist. Readers are advised to consider the original research report and make their investment decisions based on their own assessment. (What's moving Sensex and Nifty Track latest market news, stock tips, Budget 2025, Share Market on Budget 2025 and expert advice, on ETMarkets. Also, ETMarkets.com is now on Telegram. For fastest news alerts on financial markets, investment strategies and stocks alerts, subscribe to our Telegram feeds .) Subscribe to ET Prime and read the Economic Times ePaper Online.and Sensex Today. Top Trending Stocks: SBI Share Price, Axis Bank Share Price, HDFC Bank Share Price, Infosys Share Price, Wipro Share Price, NTPC Share Price (What's moving Sensex and Nifty Track latest market news, stock tips, Budget 2025, Share Market on Budget 2025 and expert advice, on ETMarkets. Also, ETMarkets.com is now on Telegram. For fastest news alerts on financial markets, investment strategies and stocks alerts, subscribe to our Telegram feeds .) Subscribe to ET Prime and read the Economic Times ePaper Online.and Sensex Today. Top Trending Stocks: SBI Share Price, Axis Bank Share Price, HDFC Bank Share Price, Infosys Share Price, Wipro Share Price, NTPC Share Price
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