Indian Bank - INE562A08081

Banks

corporate

Coupon Rate
6.18%
Maturity Date
13 Jan 2031
ISIN
INE562A08081copy
Face Value
₹10,00,000
About Issuer
This AAA rated bond from Indian Bank, a corporate, offers a Fixed coupon of 6.18% with maturity on 13 January 2031. Issued through the Private placement as under ISIN INE562A08081, 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
CARE AAA (Stable)
Tax Status
Taxable
Mode of Issue
Public
Private
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
13 Jan 2021
Remaining Tenure
5Y 5M
Security Name
INDIAN BANK SR V 6.18 BD 13JN31 FVRS10LAC LOA UPTO 12JN21
Risk Assessment
Credit Rating
Rating
CARE AAA (Stable)
Date of Rating
14 Feb 2025
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