IIFL Finance has announced the allotment of 13,500 Secured Listed Rated Redeemable Non-Convertible Debentures (NCDs) under Series D31, totaling ₹1,350 crore. Each NCD is valued at ₹1 lakh, with a coupon rate of 9.90% per annum. The debentures, issued via private placement, are proposed to be listed on the National Stock Exchange and have a maturity date of March 8, 2027. Interest payments are scheduled for March 7, 2026, and the principal will be redeemed on the maturity date.