Who will be accepted by NCDs ?

Three categories of applicants are accepted by NCD:

• Institutional category (including Venture Capital Funds and National Investment Funds Mutual Funds. Pension Funds. Provident Funds. Public Financial Institutions. Commercial, Regional Rural and Co-operative Banks.
• Non-institutional category: Limited Liability Partnerships, Partnership firms, some Scientific or /or Industrial Research Organizations, Companies and Public/Private Charitable Trusts
• High Net-worth Individuals ('HNIs) - Indian residents and Hindus
• Apply for more than Rs 1,000,000 from Undivided Family
• Retail Individual Investors – Resident Indians and Hindus
• Apply for more than Rs 1,000,000 from Undivided Family