Indian Bank - INE562A08016
Banks
corporate
Coupon Rate
8.10%
Maturity Date
28 Jul 2026
ISIN
INE562A08016
Face Value
₹10,00,000
About Issue
This AAA rated bond from Indian Bank, a corporate, offers a Fixed coupon of 8.1% with maturity on 28 July 2026. Issued through the Private placement as under ISIN INE562A08016, 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
28 Jul 2016
Remaining Tenure
12M
Security Name
Indian Bank, 8.1% 28jul2026, INR
Risk Assessment
Credit Rating
Rating
CRISIL AAA (Stable)
Date of Rating
07 May 2021
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