Good opportunity to earn 10.25% interest semi-annually with Global IME Bank’s Debenture program; interest to be disbursed from any branch of the bank

Global IME Bank has launched its latest debenture scheme “Global IME Bank Debenture” with 10.25% into the market. The 15 lakh unit debentures that will mature in 5 years will be floated for the interested investors from Falgun 15, 2075.

General public will be able to apply for 5,97,000 unit debentures, 3000 units for mutual funds and remaining 9 lakh units for institutional investors.

The public can apply for minimum 25 unit to maximum 75 thousand unit debentures where the per unit cost stands at Rs 1000. The earliest closing date for the issue is set at Falgun 19, 2075 which can be extended till Chaitra 14.

As a perk of their investment, investors will receive the highest interest i.e. 10.25% semi-annually which will be paid to them from all the branches of the bank. The interested investors can submit their applications from all the branches of the bank as well as from any ASBA member institutions.