Axis Finance Limited - INE891K08042
Microfinance
corporate
Coupon Rate
8.50%
Maturity Date
11 May 2027
ISIN
INE891K08042
Face Value
₹10,00,000
About Issue
This AAA rated bond from Axis Finance Limited, a corporate, offers a Fixed coupon of 8.5% with maturity on 11 May 2027. Issued through the Private placement as under ISIN INE891K08042, 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
11 May 2017
Remaining Tenure
22M
Security Name
AXIS FINANCE LIMITED SR-02 8.5 NCD 11MY27 FVRS10LAC
Risk Assessment
Credit Rating
Rating
CRISIL AAA (Stable)
Date of Rating
26 Jun 2020
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