IIFL Home Finance Limited - INE477L07AV2
Other Financial Institutions
corporate
Coupon Rate
8.50%
Maturity Date
31 Mar 2026
ISIN
INE477L07AV2
Face Value
₹1,00,000
About Issue
This AA rated bond from IIFL Home Finance Limited, a corporate, offers a Fixed coupon of 8.5% with maturity on 31 March 2026. Issued through the Private placement as under ISIN INE477L07AV2, 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.
Key Attributes
Rating
CRISIL AA (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
31 Mar 2023
Remaining Tenure
8M
Security Name
IIFL HOME FINANCE LIMITED SR D8 8.5 NCD 31MR26 FVRS1LAC LOA UPTO 30MR23
Risk Assessment
Credit Rating
Rating
CRISIL AA (Stable)
Date of Rating
30 Sep 2024
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