Invest in Electronica Finance Limited (EFL) Bonds on Tap Invest
Introduction to Electronica Finance Limited (EFL):
Electronica Finance Limited (EFL) is a distinguished non-banking finance company (NBFC) with a rich history dating back to 1990. As part of the SRP Electronica Group, EFL provides financing solutions for small and medium businesses (SMBs) and micro, small, and medium enterprises (MSMEs). With over 200 branches across India, EFL has pioneered machinery loans and diversified into various financial products to support business growth.
EFL Company Overview:
EFL’s journey began as a niche financier for machinery purchases. Over the years, the company has diversified its offerings, including a wide range of loan products. These include:
- Business Loans: Tailored to meet the capital needs of growing businesses.
- MSME Loans: Focused on micro, small, and medium enterprises to support their financial needs.
- SME Loans: Specialized loans catering to small and medium enterprises.
- Rooftop Solar Loans: Financing for installing solar panels and promoting green energy.
- Loan Against Property: Loans secured by real estate, providing a flexible financing option.
EFL has served over 35,000 customers, demonstrating its commitment to customer satisfaction and market understanding. The company offers a seamless online application process for MSME and SME loans, ensuring quick and efficient service.
Key Features of EFL Bonds:
1. Yield:
EFL bonds offer an attractive yield of 12%, with a 9% coupon rate. This makes them an appealing option for investors looking for stable returns.
2. Type:
These bonds are classified as secondary, offering a unique investment opportunity with established market dynamics.
3. Tenure and Maturity:
The bonds have a tenure of 28 months and will mature on July 21, 2026. This medium-term investment horizon suits investors looking for steady returns within a relatively short period.
4. Minimum Investment:
The minimum investment required is ₹1,00,000, making it accessible to retail and institutional investors.
5. Payouts:
Interest is paid monthly, and the principal is repaid quarterly. This structure provides regular cash flow and minimises the impact of market volatility.
6. Rating:
The bonds have an A- rating, indicating a lower risk of default and providing a secure investment option.
7. Security Type:
These are senior secured bonds backed by the company’s assets, which provide an additional layer of security for investors.
Payout Schedule
EFL’s bond payout schedule ensures transparency and reliability. Investors can expect monthly interest payments, while the principal is repaid quarterly. This schedule provides a steady income stream and periodic liquidity, making it a balanced investment option.
Why Invest in Electronica Finance Limited Bonds?
- Regular Income:
With monthly interest payouts, EFL bonds offer a consistent income stream, ideal for those seeking regular returns. - Safety and Security:
As senior secured bonds with an A- rating, EFL bonds present a secure investment choice with a relatively lower risk profile. - Diverse Portfolio:
EFL’s diverse loan portfolio includes machinery, business, MSME, SME, rooftop solar, and loans against property loans. This diversification ensures the company’s stability and growth potential. - Strong Market Presence:
With over three decades of experience and 200+ branches, EFL has a strong presence in the Indian financial market. The company’s established track record and customer base of over 35,000 clients underscore its reliability and trustworthiness.
How to Invest in EFL Bonds via Tap Invest:
Step 1: Sign Up
Visit TapInvest.in and create an account by providing your basic details. Complete the KYC process to activate your account.
Step 2: Explore Investment Options
Navigate to the investment options page and select EFL Bonds. Review the bond’s details, including the coupon rate, yield, tenure, and maturity date.
Step 3: Make Your Investment
Enter the investment amount and proceed to payment. TapInvest provides a secure payment gateway to complete your transaction.
Step 4: Track Your Investment
Monitor your investment’s performance through the TapInvest dashboard. You can view interest payouts, principal payments, and other relevant information here.
Conclusion:
Electronica Finance Limited (EFL) bonds offer a unique opportunity for investors to earn attractive returns while benefiting from the stability and security of a senior secured financial product. With a yield of 12%, an A- rating, and a strong market presence, EFL bonds are a compelling investment option for those looking to diversify their portfolios. Sign up on TapInvest today and take the first step towards a secure financial future with EFL bonds.
Explore more bonds on TapInvest and start your investment journey with us.
