Magma General Insurance Limited

Insurance and Reinsurance

corporate

Tenure
7Y 6M
About Issuer
This AA rated bond from Magma General Insurance Limited, a corporate, offers a Fixed coupon of 9.75% with maturity on 20 March 2034. Issued through the Private placement as under ISIN INE312X08042, 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
Yearly
Principal
As per Schedule
COUPON RATE
9.75%
FACE VALUE
₹1,00,000
MATURITY DATE
20 Mar 2034
SECTOR
corporate
COLLATERAL SECURITY
Unsecured
TAX STATUS
Taxable
TRUSTEE
-
ISIN
INE312X08042

Credit rating

Rating
CARE AA
Rating Agency
CARE Ratings
Date of Rating
12 Mar 2026

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