The rating of the Secured NCDs by CRISIL and ICRA indicates "high degree of safety regarding timely servicing of financial obligations". The NCDs are proposed to be listed on BSE. The allotment will be on first come first serve basis. There are 6 investment options for Secured NCDs with 'Monthly' or 'Annual' interest payment frequency or 'on maturity redemption' payments with coupon ranging from 6.75% p.a to 7.75% p.a. George Alexander Muthoot, Managing Director, Muthoot Finance Ltd, said "In our 24 th public issue of ncds, we wish to focus on retail and high networth individual investors and we have allocated 90% of the issue for this segment. At a time when interest rates have significantly come down, we are able to offer attractive interest rates to retail and high networth individual investors. We look forward for the market to accept the current issue too in line with our previous NCD issues as there is limited comparable investment avenues available."