Indiafirst Life Insurance Company Limited, a Finance company, has floated Debenture, having ISIN value as INE381Y08011, with a face value of ₹10,00,000 rs on 03Jan18 to raise 100 crores. The debt instrument is issued with a coupon rate of 8.57% and its interest is paid Annually. The returns are Taxable and one has to pay the applicable tax on the returns from this investment. As per the filings, the long description of this Unsecured Debenture is 8.57% UNSECURED RATED LISTED REDEEMABLE NON CONVERTIBLE DEBENTURES. LETTER OF ALLOTMENT. SERIES 1/2017-2018. DATE OF MATURITY 03/01/2028. This instrument is issued in Private Placement mode. It has Simple coupon type with Full Redemption option. The Debenture is listed on NSE stock exchange on 19Jan18. CARE Ratings Limited has given WITHDRAWN rating to this Debenture on 03Jan18. This issuer is formerly known as BARODA L & G LIFE INSURANCE COMPANY LIMITED Neither the Principal nor the Interest is covered for this Debenture. Yes, this debt instrument is Perpetual In Nature.