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.

What is the coupon rate in NCD?

The NCD coupon rate is the interest rate that an NCD holder receives on the amount invested.

A company issuing NCDs offers a range of coupon rates for different maturities tenors with the option to receive coupon payments at different intervals such as monthly, annually or cumulative.