Indian Bank
Banks
corporate
Banks
corporate
Tenure
111D
Tenure
111D
About Issuer
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.
Summary
Interest
Yearly
Principal
At maturity
COUPON RATE
8.10%
FACE VALUE
₹10,00,000
MATURITY DATE
28 Jul 2026
SECTOR
corporate
COLLATERAL SECURITY
Unsecured
TAX STATUS
Taxable
TRUSTEE
-
ISIN
INE562A08016
Credit rating
Rating
AAA
Rating Agency
CRISIL
Date of Rating
07 May 2021
Rating
AAA
Rating Agency
CRISIL
Date of Rating
07 May 2021
Other details
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