ICL Fincorp’s latest NCD issue opens on 25th April 2025, offering effective yields of up to 13.01% and flexible tenure options. With a CRISIL BBB-/Stable rating and a minimum investment of ₹10,000, the issue is open until 9th May 2025.
Building on the overwhelming response to its previous oversubscribed NCD issues, ICL Fincorp aims to channel the proceeds from this offering towards its strategic growth initiatives and service enhancement goals. With a legacy of over 34 years, the company is expanding its footprint across India, currently operating in eight states including Kerala, Tamil Nadu, Andhra Pradesh, Telangana, Karnataka, Orissa, Maharashtra, and Gujarat. The recent acquisition of Salem Erode Investments—a 93-year-old BSE-listed NBFC—further solidifies ICL Fincorp’s presence in the financial sector.
Under the leadership of CMD Adv. K.G. Anil Kumar and Whole-time Director & CEO Mrs. Uma Anilkumar, ICL Fincorp continues to offer a diversified portfolio including gold loans, hire purchase loans, and business loans, while maintaining compliance with RBI standards. The group has also ventured into other sectors such as travel, fashion, diagnostics, and philanthropy. With this new NCD issue, ICL Fincorp extends an invitation to investors to be part of a trusted journey toward secure, long-term financial growth.
