Muthoot Finance Limited, a Non-Banking Financial Company (NBFC) company, has floated Debenture, having ISIN value as INE414G08314, with a face value of ₹1,000 rs on 12May16 to raise 23.6003 crores. The debt instrument is issued with a coupon rate of 0% and its interest is paid Never. 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 UNSECURED REDEEMABLE NON CONVERTIBLE DEBENTURES. SERIES NCD XV OPTION XI. DATE OF MATURITY 12/11/2023. This instrument is issued in Public Issue mode. It has Simple coupon type with Full Redemption option. The Debenture is listed on BSE stock exchange on 16May16. ICRA LIMITED has given AA+ rating to this Debenture on 29Jan24. This issuer is formerly known as MUTHOOT FINANCE PRIVATE LIMITED Neither the Principal nor the Interest is covered for this Debenture. Yes, this debt instrument is Perpetual In Nature.