SBI Cards and Payment Services Limited - INE018E08334

Microfinance

corporate

Coupon Rate
7.85%
Maturity Date
17 May 2028
ISIN
INE018E08334copy
Face Value
₹1,00,000
About Issue
This AAA rated bond from SBI Cards and Payment Services Limited, a corporate, offers a Fixed coupon of 7.85% with maturity on 17 May 2028. Issued through the Private placement as under ISIN INE018E08334, this is one of the highest-rated credit instruments, representing maximum safety and stability. Ideal for conservative investors prioritizing capital protection without compromising on returns, while aiming for superior yields compared to traditional FDs or government securities.
Key Attributes
Rating
CRISIL AAA (Stable)
Mode of Issue
Public
Private
Tax Saving
Yes
No
Collateral Security
Secured
Unsecured
Seniority
Senior
Non-Senior
Deal Details
Interest Frequency
Yearly
Principal Frequency
-
Coupon Type
Fixed
Sector
corporate
Total Issue Size
-
Allotment Date
17 May 2023
Remaining Tenure
2Y 10M
Security Name
SBI CARDS AND PAYMENT SERVICES LIMITED SR 33 7.85 NCD 17MY28 FVRS1LAC
Risk Assessment
Credit Rating
Rating
CRISIL AAA (Stable)
Date of Rating
27 Mar 2024
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