Zerodha (Flat Rs 20 Per Trade)
Invest brokerage-free Equity Delivery and Direct Mutual Funds (truly no brokerage). Pay flat Rs 20 per trade for Intra-day and F&O. Open Instant Account and start trading today.
Secured NCDs are considered safer because the company’s assets back them. If the company cannot pay the interest, investors can get their money back by selling the company’s assets. However, they offer lower interest rates compared to unsecured NCDs. On the other hand, unsecured NCDs carry a higher risk as the company's assets do not back them. In a default, investors have limited options and may have to wait for payments. Nevertheless, unsecured NCDs offer higher interest rates, making them attractive to investors seeking a better return.