FREE Account Opening + No Clearing Fees
Loading...

Feedback Message Board



1 Comments

1. R J   I Like It. |Report Abuse|  Link|March 27, 2012 3:57:28 PMReply
Dear ashish,

Rate is ex-interest as of 01.04.2012.

Next interest payment on these NCD will be on 1.4.2013. Hence effective rate of return is much lower :

10.50% on NC & 10.25% on ND - means about 11.11% and 10.94% respectively and not 19%