Senior Secured Unlisted Bond’s offering XIRR of 10.5% will be available from 12th August, 2022.
Total tenure of bonds will be 24 months. These bonds will make Principal and Interest payment every 6 months. Minimum investment of ~ ₹10,000 can be done by purchasing one bond where as maximum of 40 bonds (~ ₹400,000) be purchased for investment for a single investor. So these bonds will return your principal and interst in 4 tranches.
Who is issuing the bond?
Founded in 1990, Berar Finance Limited (“BFL”) is one of the oldest and largest vehicle financing NBFCs in Central and West India with a network of 100+ branches across the states of Maharashtra, Chhattisgarh, Madhya Pradesh, Telangana, Gujarat and Karnataka. is an established NBFC with industry-leading expertise in two-wheeler financing.
The NBFC scores high on portfolio quality and has a very comfortable GNPA of 3.05% and NNPA of 2.25%. Profit making entity continuously for the past 10 years They have strong business relationship with 800 Automotive dealers and 550+ sub-dealers
How to invest in this opportunity?
There are multiple ways to invest in this bond issue.
- Go to our partner platform Wint and sign up directly to invest in this bond issue.
- Fill this form with some basic details. We will connect with you and provide you with more details about the investment option which is suitable for your financial goals.