J&k Grameen Bank, a Finance company, has floated Bond, having ISIN value as INE633R08019, with a face value of ₹1,000 rs on 03Nov14 to raise 11.6677 crores. The debt instrument is issued with a coupon rate of GSEC RATE LINKED and its interest is paid Monthly. 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 Bond is G.SEC RATE LINKED UNSECURED NON CONVERTIBLE PERPETUAL TIER II SERIES I BONDS.. 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. This debt instrument is Unrated. This issuer is formerly known as JAMMU RURAL BANK & KAMRAZ RURAL BANK Neither the Principal nor the Interest is covered for this Bond. Yes, this debt instrument is Perpetual In Nature.