Pimpri Chinchwad Municipal Corporation

municipal

Tenure
3Y 9M
About Issuer
This AA+ rated bond from Pimpri Chinchwad Municipal Corporation, a municipal, offers a Fixed coupon of 7.85% with maturity on 04 June 2030. Issued through the Private placement as under ISIN INE0P1K24028, this bond ensures strong credit quality with minimal default risk, making it a dependable option for investors seeking better returns than traditional fixed deposits, without taking on significant risk. Ideal for investors who want stable returns with high credit assurance, while benefiting from a superior yield in a short-to-medium term horizon.
Summary
Interest
Half Yearly
Principal
As per Schedule
COUPON RATE
7.85%
FACE VALUE
₹1,00,000
MATURITY DATE
04 Jun 2030
SECTOR
municipal
COLLATERAL SECURITY
Secured
TAX STATUS
Taxable
TRUSTEE
-
ISIN
INE0P1K24028

Credit rating

Rating
CARE AA+
Rating Agency
CARE Ratings
Date of Rating
07 Aug 2026

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