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Payment Frequency

It is a frequency of interest payment to the investors.

The intervals at which the interest on the NCD will be paid is called payment frequency. The NCD offers monthly, quarterly, half-yearly, annual or cumulative options to pay the interest amount. An NCD with multiple series can have different payment frequencies. Based on investors' needs, they can choose the time range to get payment.

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More NCD Terms / Definitions ...

  1. Basis of Allotment of NCD
  2. Coupon Incentive
  3. Coupon Rates
  4. Debenture Trustee
  5. Deemed Date of Allotment
  6. Interest on Refund
  7. Issue Size (Base) NCD
  8. Issue Size (Shelf) NCD
  9. NCD
  10. NCD Public Issue
  11. NCD Record Date
  12. NCD Series
  13. Payment Frequency
  14. Tenor
  15. Unsecured NCD Issue
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