1,108,466.75

ISIN: INE774D08MA6

Coupon: 9%

Price: 107

YTM: 7.40%

Redemption Date: 06 June 2026

Interest Frequency: Annual

Interest Date: 06 June

Face Value: INR 1,000.00

Category:
Issuer Name MAHINDRA & MAHINDRA FINANCIAL SERVICES LTD
 
Issuer Description Mahindra & Mahindra Financial Services Limited (MMFSL) is a rural NBFC headquartered in Mumbai, India. It is amongst the top tractor financers in India and offers a wide range of financial products to address varied customer requirements. The NBFC has 1000+ offices spread over 1 in every 3 villages across India with a total of more than 4.7 million customers to date.

Mahindra Finance started on 1 January 1991, as Maxi Motors Financial Services Limited. They received the certificate of commencement of business on 19 February 1991. On 3 November 1992, Mahindra Finance changed their name to Mahindra & Mahindra Financial Services Limited. Mahindra Finance is registered with the Reserve Bank of India as an asset finance, deposit taking NBFC.

 
Issuer Website http://www.mahindrafinance.com/
 
Issuer Financials https://mahindrafinance.com/investor-zone#Latestupdate
 
Issuer Type NBFC
 
Price [Payable Amount is 1,000,000 * Price / 100] + [Accrued Interest of number of days since last Interest Payment Date]
 
Order Type Multiples of INR 1,000,000.00 only
 
Issuer Rating AAA by IND & AAA/Stable by CARE
 
Download Information Memorandum
 
NRI Eligible This bond is not eligible for NRI’s to invest
   
Note: As per latest notification from the Ministry of Finance, a stamp duty of 0.0001% will be applicable on all bond transactions with effect from 1st April 2020.