Security Name: 7.81% State Bank Of India 02 Nov 2038
ISIN: INE062A08405
Taxable
Tax Category
02 Nov, 2033
Call Date
(8 Yr 1 Mo 28 D to call)
Yearly
Interest Payment Frequency
Yes
NRI Eligibility
02 Nov, 2023
Allotment Date
NA
Put Date
02 Nov, 2025
Next Interest Payment Date
15 days
Shut Period
Both
Active on NSDL/CDSL
Non-Guaranteed
Type of Guarantee
No
Perpetual
Private Placement
Mode of Issue
Listed
Listing Details
Public Sector Undertaking
Type of Issuer
₹NaN
Dirty Price
7.81%
Coupon
Fixed Interest
Coupon Basis
7.5601%
Current Yield
18 Oct, 2025
Record Date
YOUR EARNING
Your Investment
Final Payout
₹0
Error Generating Cashflow 😥. We are looking into this.
*All Interest Payments will be subject to TDS (Not Applicable on Government Securities and Tax Free Bonds)
YOUR RISK
Repayment Priority
Higher the level, higher the priority of investment repayment on default
Security with Collateral?
An investment secured with collateral helps
ISSUER
State Bank Of India
SBI is the oldest and largest bank in India. The SBI group offers a wide range of banking and non-banking products and services to its corporate and retail customers. It had 22,230 branches and 64,122 automated teller machines (ATMs) as on September 30, 2021. It has presence across the world. Through its non-banking subsidiaries and joint ventures, it offers a wide range of financial services, such as investment banking, credit cards, life insurance, general insurance, fund management, primary dealership, broking and factoring.
The ratio in FY25 is 1.54x and it was 1.89x in FY24. This indicates the bank's debt is decreasing due to decrease in the borrowings in FY25.
Debt/EBITDA
The ratio in FY25 is 1.24x and it was 1.24x in FY24. This indicates, there are no changes in the debt servicing ability of the issuer in FY25.
Interest coverage ratio
Recent News
SBI Debit Card Charges
Mar 27, 2024 | State Bank Of India
State Bank of India to channel $1.5 billion in global book in 4 months
Nov 25, 2024 | State Bank Of India
SBI launches cyber fraud awareness drive across Telangana
Jul 18, 2025 | State Bank Of India
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Information required for KYC
PAN Card
Bank Account Proof
Aadhaar Card
Demat Account Proof
How to exit the investment?
To know more about the Bond and the issuer, download the Information Memorandum.
To read about the reasons for the ratings assigned to the Bond, download the Rating Rationale.
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BOND VALUE DETAILS
Face Value
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Stamp Duty
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Total Investment
| Cashflow for INE062A08405 |
|---|
| Disclaimer: The actual dates and interest amounts can vary depending on Bank closures, holidays etc. Tax Deducted at Source (TDS) is applicable on interest receivable based on relevant tax regulations. You can avail TDS credit while filing your Income Tax Return (ITR). |
|---|
| Security Name |
|---|
| 7.81% State Bank Of India 02 Nov 2038 |
| Credit Rating |
|---|
| AAA Stable by IND |
| Coupon Frequency |
|---|
| Yearly |
| Face Value |
|---|
| ₹1,00,00,000 |
| Coupon |
|---|
| 7.810000% |
| YTM or YTC |
|---|
| YTC |
| Call Date |
|---|
| 02/11/2033 |
| Security |
|---|
| Unsecured Subordinated Tier 2 |
| No. of Bonds |
|---|
| 1 |
| Settlement Date |
|---|
| Sep 04,2025 |
| Principal Amount |
|---|
| ₹1,03,30,500 |
| Accrued Interest |
|---|
| ₹0 |
| Stamp Duty |
|---|
| ₹10 |
| Total Amount Payable |
|---|
| ₹1,03,30,510 |
| Price |
|---|
| ₹103.305 |
| Yield |
|---|
| 0% |
| Year | Payment Date | Amount | Amount after TDS | Payout Type |
|---|
Disclaimer: Investments in Debt Securities/ Municipal Debt Securities/ Securitised Debt Instruments are subject to risks including delay and/ or default in payment. Read all the Offer Related documents carefully.
Source: Issuer website, Rating Rationale, Issuer Annual Report, Information Memorandum and News from Google.
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