HDFC Bank Magnifier 160% PR – 30 months (non-capital protected) NCD — Review

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HDFC Bank Magnifier 160% PR – 30 months (non-capital protected) NCD — Key Facts

HDFC Bank Magnifier 160% PR – 30 months (non-capital protected) is a Market-Linked Debenture .

About the Issuer

Instrument: Market-Linked, Secured, Non-Principal Protected, Unrated, Unlisted, Redeemable, Non-Convertible Debentures. Underlying: Linked to HDFC Bank stock price. Non-Capital Protected and Secured, Non-listed. Return: The return on the MLD will be based on the performance of HDFC Bank stock at the end of 30 months. Mode of Holding: Compulsory in demat form. Debentures will be credited to the investor's Demat A/c within 20 working days. Maturity Proceeds: Credited to the investor's bank account linked to the demat account.

Liquidity & Exit

Lock-in till maturity. No early exit option.

Tax Treatment

Returns are treated as coupon income and are taxable as per the investor's income slab.

Disclaimer: This page is for informational purposes only. NCDs and bonds carry credit risk. Please read the offer document before investing.

HDFC Bank Magnifier 160% PR – 30 months (non-capital protected) — Full Details  ·  NCD & Bonds  ·  Glossary