{"id":7432,"date":"2016-12-21T08:11:31","date_gmt":"2016-12-21T02:41:31","guid":{"rendered":"http:\/\/www.apnaplan.com\/?p=7432"},"modified":"2016-12-21T08:11:31","modified_gmt":"2016-12-21T02:41:31","slug":"reliance-home-finance-ncd-dec2016","status":"publish","type":"post","link":"https:\/\/www.apnaplan.com\/reliance-home-finance-ncd-dec2016\/","title":{"rendered":"9.4% Reliance Home Finance NCD \u2013 Dec 2016 \u2013 Should you Invest?"},"content":{"rendered":"<figure id=\"attachment_7433\" aria-describedby=\"caption-attachment-7433\" style=\"width: 300px\" class=\"wp-caption alignright\"><img loading=\"lazy\" decoding=\"async\" class=\"size-medium wp-image-7433\" src=\"http:\/\/www.apnaplan.com\/wp-content\/uploads\/2016\/12\/Reliance-Home-Finance-NCD-Dec-2016-300x173.png\" alt=\"Reliance Home Finance NCD - Dec 2016\" width=\"300\" height=\"173\" title=\"\" srcset=\"https:\/\/www.apnaplan.com\/wp-content\/uploads\/2016\/12\/Reliance-Home-Finance-NCD-Dec-2016-300x173.png 300w, https:\/\/www.apnaplan.com\/wp-content\/uploads\/2016\/12\/Reliance-Home-Finance-NCD-Dec-2016.png 574w\" sizes=\"(max-width: 300px) 100vw, 300px\" \/><figcaption id=\"caption-attachment-7433\" class=\"wp-caption-text\"><strong>Reliance Home Finance NCD &#8211; Dec 2016<\/strong><\/figcaption><\/figure>\n<p style=\"text-align: justify;\"><strong>Reliance Home Finance<\/strong>\u00a0has come out with public issue of non-convertible debentures (NCD) offering up to 9.40% interest rate. The issue opens on December 22\u00a0and closes on January 7, 2017.<\/p>\n<p style=\"text-align: justify;\">Reliance Home Finance is primarily into financing of\u00a0home loans along with Wealth Management, Commercial Finance, etc.<\/p>\n<h2 style=\"text-align: justify;\">Reliance Home Finance NCD \u2013 Significant Points:<\/h2>\n<ul>\n<li style=\"text-align: justify;\"><strong>Offer Period:<\/strong>\u00a0December 22 to January 7, 2017<\/li>\n<li style=\"text-align: justify;\"><strong>Annual Interest Rates for Retail Investors:<\/strong>\u00a08.9% to 9.4% depending on tenure<\/li>\n<li style=\"text-align: justify;\"><strong>Price of each bond:<\/strong> Rs 1,000<\/li>\n<li style=\"text-align: justify;\"><strong>Minimum Investment:<\/strong> 10 Bonds (Rs 10,000)<\/li>\n<li style=\"text-align: justify;\"><strong>Max Investment Limit<\/strong> for Retail Investor: Rs 10 Lakhs<\/li>\n<li style=\"text-align: justify;\"><strong>Credit Rating:\u00a0<\/strong>\n<ul style=\"list-style-type: circle;\">\n<li style=\"text-align: justify;\"><strong>Secured\u00a0<\/strong>&#8211; CARE AA+;Stable by CARE; BWR AA+ by Brickwork<\/li>\n<li style=\"text-align: justify;\"><strong>Un-secured<\/strong> &#8211; CARE AA; by CARE; BWR AA by Brickwork<\/li>\n<\/ul>\n<\/li>\n<li style=\"text-align: justify;\"><strong>NCD Size:<\/strong> Rs 1000 crore with option to retain oversubscription upto\u00a0Rs 3000 crore<\/li>\n<li style=\"text-align: justify;\"><strong>Allotment:<\/strong> First Come First Serve<\/li>\n<li style=\"text-align: justify;\"><strong>Listing:<\/strong> Bonds would be listed on BSE and NSE and will entail capital gains tax on exit through secondary market<\/li>\n<li style=\"text-align: justify;\"><strong>NRIs are not eligible<\/strong> to apply<\/li>\n<\/ul>\n<blockquote>\n<p style=\"text-align: justify;\"><strong>Also Read<\/strong> \u2013 <a href=\"http:\/\/www.apnaplan.com\/know-ncd-investment-tips-tds-and-taxation\/\">Know NCD \u2013 Investment Tips, TDS and Taxation<\/a><\/p>\n<\/blockquote>\n<h2 style=\"text-align: justify;\">Reliance Home Finance NCD &#8211; Investment Options:<\/h2>\n<p style=\"text-align: justify;\">There are 4 options of investment in Reliance Home Finance\u00a0NCD.<\/p>\n<figure id=\"attachment_7438\" aria-describedby=\"caption-attachment-7438\" style=\"width: 757px\" class=\"wp-caption aligncenter\"><img loading=\"lazy\" decoding=\"async\" class=\"size-large wp-image-7438\" src=\"http:\/\/www.apnaplan.com\/wp-content\/uploads\/2016\/12\/Reliance-Home-Finance-NCD-\u2013-Investment-Options-Dec-16-1024x710.png\" alt=\"Reliance Home Finance NCD \u2013 Investment Options - Dec16\/Jan17\" width=\"757\" height=\"525\" title=\"\" srcset=\"https:\/\/www.apnaplan.com\/wp-content\/uploads\/2016\/12\/Reliance-Home-Finance-NCD-\u2013-Investment-Options-Dec-16-1024x710.png 1024w, https:\/\/www.apnaplan.com\/wp-content\/uploads\/2016\/12\/Reliance-Home-Finance-NCD-\u2013-Investment-Options-Dec-16-300x208.png 300w, https:\/\/www.apnaplan.com\/wp-content\/uploads\/2016\/12\/Reliance-Home-Finance-NCD-\u2013-Investment-Options-Dec-16-768x533.png 768w, https:\/\/www.apnaplan.com\/wp-content\/uploads\/2016\/12\/Reliance-Home-Finance-NCD-\u2013-Investment-Options-Dec-16.png 1149w\" sizes=\"(max-width: 757px) 100vw, 757px\" \/><figcaption id=\"caption-attachment-7438\" class=\"wp-caption-text\"><strong>Reliance Home Finance NCD \u2013 Investment Options &#8211; Dec16\/Jan17<\/strong><\/figcaption><\/figure>\n<h2 style=\"text-align: justify;\">Reliance Home Finance NCD &#8211; Who can Apply?<\/h2>\n<p style=\"text-align: justify;\">This issue is open to all Indian residents, HUFs and Institutions.<\/p>\n<ul>\n<li style=\"text-align: justify;\">Category I \u2013 Institutional Investors \u2013 30% of the issue is reserved<\/li>\n<li style=\"text-align: justify;\">Category II \u2013 Corporates \u2013 10% of the issue is reserved<\/li>\n<li style=\"text-align: justify;\">Category III \u2013 High Net worth Individuals\u00a0\u2013 30% of the issue is reserved<\/li>\n<li style=\"text-align: justify;\">Category IV &#8211;\u00a0Retail Individual Investors &#8211; 30%<\/li>\n<\/ul>\n<p style=\"text-align: justify;\">However NRIs cannot apply for this NCD.<\/p>\n<h2 style=\"text-align: justify;\">Why you should invest?<\/h2>\n<ol>\n<li style=\"text-align: justify;\">The first 3 options are secured, which means the above debt is backed by assets of the company<\/li>\n<li style=\"text-align: justify;\">The <a href=\"http:\/\/www.apnaplan.com\/highest-interest-rate-on-bank-fixed-deposits-fd\/\">interest rates are 2% higher than your regular Bank FDs<\/a><\/li>\n<li style=\"text-align: justify;\">No TDS if invested in Demat Form<\/li>\n<\/ol>\n<blockquote><p>Also Read:\u00a0<a href=\"http:\/\/www.apnaplan.com\/highest-interest-rate-on-recurring-deposits-rd\/\">Highest Interest Rate on Recurring Deposits<\/a><\/p><\/blockquote>\n<h2 style=\"text-align: justify;\">Why you should not invest?<\/h2>\n<ol>\n<li style=\"text-align: justify;\">Though the NCDs are listed on exchange but selling them at the right price is difficult due to lack of liquidity. So invest only if you want to hold till maturity.<\/li>\n<\/ol>\n<h2 style=\"text-align: justify;\">How to Apply?<\/h2>\n<p style=\"text-align: justify;\">You can apply online by ASBA facility provided by banks. It\u2019s the easiest way to apply and also avoids a lot of hassle in terms of KYC and paper work.<\/p>\n<blockquote>\n<p style=\"text-align: justify;\"><strong>Learn:\u00a0<\/strong><a href=\"http:\/\/www.apnaplan.com\/ipo-asba\/\">How to apply for NCD issues using ASBA?<\/a><\/p>\n<\/blockquote>\n<p style=\"text-align: justify;\">In case you don&#8217;t want to do it online, you can <a href=\"http:\/\/www.fountainheadindia.in\/FormPrinting\/FrmPrinting.aspx?IsBond=1&amp;IsVisible=0\" target=\"_blank\" rel=\"noopener\">download the application form<\/a> from company site or Financial Institutions and submit to collection centers.<\/p>\n<h2 style=\"text-align: justify;\">Recommendation:<\/h2>\n<ol>\n<li style=\"text-align: justify;\">My recommendation is to<strong> invest some part of your Fixed Income investment in this NCD Issue <\/strong>(only first 3 options which are secured)<\/li>\n<li style=\"text-align: justify;\"><strong>Avoid the 4th option which is unsecured<\/strong> and has a lower credit orating of &#8220;AA&#8221; only<\/li>\n<li style=\"text-align: justify;\">You should always have <strong>diversified portfolio<\/strong> be it fixed deposit, NCD or equity investment<\/li>\n<li style=\"text-align: justify;\">Its <strong>good idea to remain invested till maturity<\/strong> because liquidity on exchanges is low and hence you would get lower than market value<\/li>\n<\/ol>\n<p style=\"text-align: justify;\"><strong>If you plan to invest in this issue, do it early as most NCD issues are over-subscribed before the end date.<\/strong><\/p>\n<figure id=\"attachment_7439\" aria-describedby=\"caption-attachment-7439\" style=\"width: 622px\" class=\"wp-caption aligncenter\"><img loading=\"lazy\" decoding=\"async\" class=\"size-full wp-image-7439\" src=\"http:\/\/www.apnaplan.com\/wp-content\/uploads\/2016\/12\/Reliance-Home-Finance-NCD-Advertisement-Dec-2016.png\" alt=\"Reliance Home Finance NCD - Advertisement - Dec 2016\" width=\"622\" height=\"542\" title=\"\" srcset=\"https:\/\/www.apnaplan.com\/wp-content\/uploads\/2016\/12\/Reliance-Home-Finance-NCD-Advertisement-Dec-2016.png 622w, https:\/\/www.apnaplan.com\/wp-content\/uploads\/2016\/12\/Reliance-Home-Finance-NCD-Advertisement-Dec-2016-300x261.png 300w\" sizes=\"(max-width: 622px) 100vw, 622px\" \/><figcaption id=\"caption-attachment-7439\" class=\"wp-caption-text\"><strong>Reliance Home Finance NCD &#8211; Advertisement &#8211; Dec 2016<\/strong><\/figcaption><\/figure>\n","protected":false},"excerpt":{"rendered":"<p>Reliance Home Finance\u00a0has come out with public issue of non-convertible debentures (NCD) offering up to 9.40% interest rate. The issue opens on December 22\u00a0and closes on January 7, 2017. Reliance Home Finance is primarily into financing of\u00a0home loans along with Wealth Management, Commercial Finance, etc. Reliance Home Finance NCD \u2013 Significant Points: Offer Period:\u00a0December 22 [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":7433,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_uag_custom_page_level_css":"","site-sidebar-layout":"default","site-content-layout":"","ast-site-content-layout":"","site-content-style":"default","site-sidebar-style":"default","ast-global-header-display":"","ast-banner-title-visibility":"","ast-main-header-display":"","ast-hfb-above-header-display":"","ast-hfb-below-header-display":"","ast-hfb-mobile-header-display":"","site-post-title":"","ast-breadcrumbs-content":"","ast-featured-img":"","footer-sml-layout":"","theme-transparent-header-meta":"","adv-header-id-meta":"","stick-header-meta":"","header-above-stick-meta":"","header-main-stick-meta":"","header-below-stick-meta":"","astra-migrate-meta-layouts":"default","ast-page-background-enabled":"default","ast-page-background-meta":{"desktop":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-gradient":""},"tablet":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-gradient":""},"mobile":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-gradient":""}},"ast-content-background-meta":{"desktop":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-gradient":""},"tablet":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-gradient":""},"mobile":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-gradient":""}},"footnotes":""},"categories":[31,30,194],"tags":[3050,3051,3052],"uagb_featured_image_src":{"full":["https:\/\/www.apnaplan.com\/wp-content\/uploads\/2016\/12\/Reliance-Home-Finance-NCD-Dec-2016.png",574,331,false],"thumbnail":["https:\/\/www.apnaplan.com\/wp-content\/uploads\/2016\/12\/Reliance-Home-Finance-NCD-Dec-2016-150x150.png",150,150,true],"medium":["https:\/\/www.apnaplan.com\/wp-content\/uploads\/2016\/12\/Reliance-Home-Finance-NCD-Dec-2016-300x173.png",300,173,true],"medium_large":["https:\/\/www.apnaplan.com\/wp-content\/uploads\/2016\/12\/Reliance-Home-Finance-NCD-Dec-2016.png",574,331,false],"large":["https:\/\/www.apnaplan.com\/wp-content\/uploads\/2016\/12\/Reliance-Home-Finance-NCD-Dec-2016.png",574,331,false],"1536x1536":["https:\/\/www.apnaplan.com\/wp-content\/uploads\/2016\/12\/Reliance-Home-Finance-NCD-Dec-2016.png",574,331,false],"2048x2048":["https:\/\/www.apnaplan.com\/wp-content\/uploads\/2016\/12\/Reliance-Home-Finance-NCD-Dec-2016.png",574,331,false],"yarpp-thumbnail":["https:\/\/www.apnaplan.com\/wp-content\/uploads\/2016\/12\/Reliance-Home-Finance-NCD-Dec-2016.png",120,69,false]},"uagb_author_info":{"display_name":"Amit","author_link":"https:\/\/www.apnaplan.com\/author\/admin\/"},"uagb_comment_info":0,"uagb_excerpt":"Reliance Home Finance\u00a0has come out with public issue of non-convertible debentures (NCD) offering up to 9.40% interest rate. The issue opens on December 22\u00a0and closes on January 7, 2017. Reliance Home Finance is primarily into financing of\u00a0home loans along with Wealth Management, Commercial Finance, etc. Reliance Home Finance NCD \u2013 Significant Points: Offer Period:\u00a0December 22&hellip;","_links":{"self":[{"href":"https:\/\/www.apnaplan.com\/wp-json\/wp\/v2\/posts\/7432"}],"collection":[{"href":"https:\/\/www.apnaplan.com\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.apnaplan.com\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.apnaplan.com\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.apnaplan.com\/wp-json\/wp\/v2\/comments?post=7432"}],"version-history":[{"count":0,"href":"https:\/\/www.apnaplan.com\/wp-json\/wp\/v2\/posts\/7432\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.apnaplan.com\/wp-json\/wp\/v2\/media\/7433"}],"wp:attachment":[{"href":"https:\/\/www.apnaplan.com\/wp-json\/wp\/v2\/media?parent=7432"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.apnaplan.com\/wp-json\/wp\/v2\/categories?post=7432"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.apnaplan.com\/wp-json\/wp\/v2\/tags?post=7432"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}