13.50% Jana Small Finance Bank Limited - A Rated (INE953L08311)

Jana Small Finance Bank Limited, a Other Bank company, has floated Debenture, having ISIN value as INE953L08311, with a face value of ₹10,00,000 rs on 31Aug21 to raise 50 crores. The debt instrument is issued with a coupon rate of 13.50% and its interest is paid Semi 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 13.50% UNSECURED RATED UNLISTED SUBORDINATED TIER II BONDS IN THE NATURE OF NON CONVERTIBLE DEBENTURE 30/11/2026. This instrument is issued in Private Placement mode. It has Simple coupon type with Full Redemption option. The Bond is Not listed on any stock exchange. INDIA RATING AND RESEARCH PVT. LTD has given A- rating to this Debenture on 28Feb24. This issuer is formerly known as JANALAKSHMI FINANCIAL SERVICES LIMITED, JANALAKSHMI FINANCIAL SERVICES PRIVATE LTD Neither the Principal nor the Interest is covered for this Debenture. Yes, this debt instrument is Perpetual In Nature.