The bank is planning to issue 1,250,000 units of debenture worth Rs 1.25 billion with a face value of Rs 1,000.
Out of the total offered units, the bank will privately finance 750,000 units and publicly issue 500,000 units.
The dividend will yield 8.75 percent interest and will mature in 7 years period.
The bank has appointed Sanima Capital as its issue manager.