Kotak Mahindra Bank Limited - INE237A08981
Banks
corporate
Coupon Rate
7.60%
Maturity Date
14 Feb 2031
ISIN
INE237A08981
Face Value
₹1,00,000
About Issue
This AAA rated bond from Kotak Mahindra Bank Limited, a corporate, offers a Fixed coupon of 7.6% with maturity on 14 February 2031. Issued through the Private placement as under ISIN INE237A08981, 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
14 Feb 2024
Remaining Tenure
5Y 8M
Security Name
KOTAK MAHINDRA BANK LIMITED 7.60 TR 2 BD 14FB31 FVRS1LAC
Risk Assessment
Credit Rating
Rating
CRISIL AAA (Stable)
Date of Rating
06 Jan 2025
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