True Credits NCDs
Investment Description
- Gross yield of 16%
- True Credits Pvt Ltd is a RBI registered NBFC. The company provides unsecured, personal, digital micro-loans through the mobile application True Balance.
- Credit Rating: BBB-/ Stable (by CARE Ratings)
- Senior secured NCDs backed by promoter guarantee
- Tenor: 10 months
- Register interest to receive term sheet and rating report, which includes information on profitability & asset quality