Piyush Prajapati
17 February, 2026
Introduction
For investors looking to generate steady income with relatively predictable returns, Non-Convertible Debentures (NCDs) issued by reputed NBFCs can be an attractive option. One such opportunity comes from IIFL Finance Limited, a well-known financial services company offering secured NCDs designed for investors seeking fixed-income investments.
The goal of this guide is to provide you with an overview of IIFL Finance Limited NCDs, including relevant characteristics, interest rates, potential advantages, as well as how to apply.
IIFL Finance Limited NCD – Key Highlights
Here’s a snapshot of the latest public issue details:
| Feature |
Details |
| Issuer |
IIFL Finance Limited |
| Instrument Type |
Secured Redeemable NCD |
| Credit Rating |
CRISIL AA/Stable & BWR AA+/Stable |
| Issue Opens |
17 Feb, 2026 |
| Issue Closes |
4 Mar, 2026* |
| Minimum Investment |
Rs.10,000 |
| Effective Yield |
Upto 9.00%* |
| Tenor |
24 Months, 36 Months, 60 Months |
| Face Value |
₹1,000 per NCD |
Why Investors Are Interested
- Attractive Fixed Returns: IIFL NCDs frequently provide better interest rates than regular fixed deposits so have more appeal with private investors looking for maximum returns on their investments.
- Secured Structure:As secured investments, IIFL NCDs are guaranteed (backed) by the company's assets so may offer some protection from credit risk.
- Strong Credit Profile:A high credit rating means a reasonable assurance of meeting debt obligations, providing investors' peace of mind.
- Flexible Investment Tenure: Multiple maturity options enable investors to match their investments with their financial objectives.
- Regular Income Stream:The option is available for Investors to engage in monthly or annual payouts according to their respective cash flow requirements.
Who Should Invest in IIFL Finance Limited NCD?
- Conservative investors seeking stable returns
- Retirees or individuals needing regular income
- Investors diversifying beyond fixed deposits
- Those comfortable with moderate credit risk
How to Apply for IIFL Finance Limited NCD?
Registration with the IIFL Finance Limited NCD is also entirely online and hassle-free. Here are the steps involved:
1. Visit the Application Page
Go to the official RR Finance NCD page - IIFL Finance Limited NCD
2. Enter Your Basic Details
Fill in your name, mobile number, and PAN number carefully.
3. Verify and Confirm
Select the NCD Re-check your details before proceeding to payment.
4. Pay Securely via UPI Modes
Complete your investment using UPI or other available online payment modes.
5. Allotment and Confirmation
Once processed, you will receive the NCD units directly in your Demat account.
Conclusion
Investing in IIFL Finance Ltd's NCDs could be an excellent fixed income opportunity if you want to earn a higher return while minimizing risk. Additionally, they provide investors with the flexibility to choose from various maturities and pay outs, making them an important addition to your overall Income portfolio.
Frequently Asked Questions (FAQs)
IIFL Finance Limited NCDs typically offer competitive interest rates with effective yields of up to around 9.00% per annum, depending on the chosen series, tenure, and payout option. Investors can select monthly, annual, or cumulative interest plans based on their income needs.
Yes, IIFL Finance Limited NCDs are secured debt instruments backed by the company’s assets, which provides an additional layer of protection to investors compared to unsecured bonds. However, investors should still assess credit risk before investing.
IIFL Finance Limited NCDs are generally listed on stock exchanges, allowing investors to sell them before maturity. However, liquidity depends on market demand, and prices may fluctuate with interest rate movements
These NCDs are suitable for conservative investors seeking predictable returns, retirees looking for regular income, and individuals wanting to diversify their portfolio with fixed-income instruments.
Key risks include credit risk, interest rate risk, and liquidity risk. While credit ratings indicate strong repayment capacity, changes in market conditions or the company’s financial health may affect returns or exit opportunities.
Piyush Prajapati
17 February, 2026