Security Name: 8.12% (8.32% For Retail) REC Limited (Tax Free) 27 Mar 2027
ISIN: INE020B07GH7
Tax Free
Tax Category
27 Mar, 2027
Maturity Date
(1 Yr 2 Mo 3 D to mature)
Yearly
Interest Payment Frequency
Yes
NRI Eligibility
27 Mar, 2012
Allotment Date
NA
Put Date
01 Jul, 2026
Next Interest Payment Date
15 days
Shut Period
Both
Active on NSDL/CDSL
Non-Guaranteed
Type of Guarantee
No
Perpetual
IPO
Mode of Issue
Listed
Listing Details
Public Sector Undertaking
Type of Issuer
₹NaN
Dirty Price
8.32%
Coupon
Fixed Interest
Coupon Basis
8.0154%
Current Yield
16 Jun, 2026
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
Risk gauge from Low to High Safety. Needle points near High Safety. Credit rating is AAA Stable (ICRA).
| Rating agency | Rating | Needle position |
|---|---|---|
| ICRA | AAA Stable | near High Safety |
| IND | AAA Stable | near High Safety |
Repayment Priority
Higher the level, higher the priority of investment repayment on default
Security with Collateral?
An investment secured with collateral helps
ISSUER
REC Limited
REC Limited, incorporated in 1969, is a NBFC with infrastructure finance company status. REC’s main objective is to finance and promote power sector projects across the country. While the initial mandate was to finance village electrification, pump-set energizing and transmission and distribution projects. While its corporate office is in New Delhi, the company has 18 project offices and three sub-offices, located in most states in the country.
The ratio in FY25 is 9.01x and it was 9.18x in FY24. It indicates that the debt level is decreasing due to the company effectively managing its finance costs, contributing to improved profitability.
Debt/EBITDA
The ratio in FY25 is 1.58x and it was 1.59x in FY24, indicating almost no change in debt servicing ability of the issuer due in FY25.
Interest coverage ratio
Recent News
REC’s proposed fund borrowings will be raised for different maturities
Jun 01, 2023 | REC Limited
Sunsure Energy and REC limited ink Rs 10,000 crore deal to power India’s renewable energy future
Oct 18, 2024 | REC Limited
REC Limited Sanctions Rs6.22 Crore for Advanced Computer Lab at Bodoland University
Jul 31, 2025 | REC Limited
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Principal Repayment Schedule
Understanding the Payback: The Essentials of Principal Repayment
STEPS TO BUY THIS BOND
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.
Clean Price
Yield (YTM)
Principal Amount
Accrued Interest from
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BOND VALUE DETAILS
Face Value
Market Value
Stamp Duty
Select a Settlement Date:
Total Investment
| Cashflow for INE020B07GH7 |
|---|
| 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 |
|---|
| 8.12% (8.32% For Retail) REC Limited (Tax Free) 27 Mar 2027 |
| Credit Rating |
|---|
| AAA Stable by ICRA AAA Stable by IND |
| Coupon Frequency |
|---|
| Yearly |
| Face Value |
|---|
| ₹1,000 |
| Coupon |
|---|
| 8.320000% |
| YTM or YTC |
|---|
| YTM |
| Maturity Date |
|---|
| 27/03/2027 |
| Security |
|---|
| Senior Secured |
| No. of Bonds |
|---|
| 1 |
| Settlement Date |
|---|
| Jan 21,2026 |
| Principal Amount |
|---|
| ₹1,038 |
| Accrued Interest |
|---|
| ₹0 |
| Stamp Duty |
|---|
| ₹0 |
| Total Amount Payable |
|---|
| ₹1,038 |
| Price |
|---|
| ₹103.7996 |
| Yield |
|---|
| 0% |
| Year | Payment Date | Amount | 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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