Invest in True Credits Senior Secured Bonds Through TapInvest: A High-Yield Opportunity
TapInvest.in, your go-to fintech platform for investing in senior secured bonds, is thrilled to announce the availability of True Credits Bonds on our platform. With an impressive yield of 16.00% and a solid foundation, this investment offers an excellent opportunity for investors seeking growth and stability. Read on to learn about True Credits, the bond details, and why this could be a perfect addition to your investment portfolio.
About True Credits Pvt Ltd (TCPL):
True Credits Pvt Ltd (TCPL) is a renowned RBI-registered Non-Banking Financial Company (NBFC) known for providing unsecured, personal, and digital micro-loans through the mobile application True Balance. Established in 2014, TCPL began as a balance-checking application that evolved to offer a wide range of services, including loan referrals, insurance, e-KYC, and partnerships with mobile OEMs like Xiaomi and Samsung for enabling payments.
TCPL has served over 1.8 million unique customers in its lending journey, highlighting its extensive reach and credibility in the market. The company’s commitment to innovation and customer satisfaction has made it a trusted name in digital lending.
True Credits Bond Details:
Type: Senior Secured
ISIN: INE0OOQ07189
Yield: 16.00%
Coupon Rate: 10.06%
Tenure: 11 Months
Maturity Date: 26 Jun 2025
Trustee Name: Catalyst Trusteeship Limited
Rating: BBB- (CARE)
Ownership: Non-PSU
Interest: Monthly
Principal: Quarterly
Returns Schedule:
| Cashflow Date | Principal | Interest | Total Cashflow |
|---|
| 07 Aug’ 24 | – | – | (97,018.71) |
| 21 Sep’ 24 | 0.00 | 854.41 | 854.41 |
| 21 Oct’ 24 | 0.00 | 826.85 | 826.85 |
| 21 Nov’ 24 | 0.00 | 854.41 | 854.41 |
| 21 Dec’ 24 | 50,000.00 | 826.85 | 50,826.85 |
| 21 Jan’ 25 | 0.00 | 427.21 | 427.21 |
| 21 Feb’ 25 | 0.00 | 427.21 | 427.21 |
| 21 Mar’ 25 | 25,000.00 | 385.86 | 25,385.86 |
| 21 Apr’ 25 | 0.00 | 213.60 | 213.60 |
| 21 May’ 25 | 0.00 | 206.71 | 206.71 |
| 26 Jun’ 25 | 25,000.00 | 248.05 | 25,248.05 |
Note: A 10% deduction of TDS on the interest component will apply.
Key Features and Benefits:
- High Yield and Attractive Returns
With a yield of 16.00%, True Credits Bonds offer one of the highest returns in the market, making them attractive to investors seeking high-yield investments.
- Monthly Interest Payouts
Investors will receive monthly interest payouts, providing a steady stream of income. This feature is ideal for those looking for regular cash flow.
- Quarterly Principal Payments
The principal amount is repaid quarterly, reducing investment risk and providing periodic liquidity.
- Investment Security
As a senior secured bond, this investment offers a higher security level than unsecured options. CARE’s ” BBB—” rating indicates a moderate credit risk, making it a relatively stable investment.
- Trusted Trustee
Catalyst Trusteeship Limited, a reputable name in the industry, acts as the trustee, ensuring the security and proper management of the investment.
Why Invest in True Credits Bonds?
- Diversification: Adding True Credits Bonds to your portfolio allows for diversification, which can help mitigate risks and enhance overall returns.
- High Returns with Moderate Risk: A 16.00% yield and a BBB- rating offer a balanced risk-reward profile, making it suitable for conservative and aggressive investors.
- Digital Accessibility: As a digital platform, TapInvest.in offers a seamless and hassle-free investment experience. You can conveniently manage your investment from home.
- Innovative Company: True Credits has a proven track record in digital lending, continually innovating to provide better services and products. Investing in a forward-thinking company can be a rewarding experience.
Also read: https://tapinvest.in/blog/hella-infra-bonds-investment/
How to Invest in True Credits Bonds via Tap Invest
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 True Credits 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 Tap Invest dashboard. You can view interest payouts, principal payments, and other relevant information here.
Conclusion:
Actual Credits Bonds offer a unique opportunity to invest in a high-yield, senior-secured financial product. Steadfast Credits Pvt Ltd is a promising issuer with a solid foundation, innovative business model, and a focus on digital micro-loans by investing through Tap Invest. You gain access to this lucrative investment avenue and the convenience of a digital platform.
Grab this opportunity and earn attractive returns. Sign up on TapInvest today to invest in True Credits Bonds for a secure and prosperous financial future.
