Security Name: 8.35% National Insurance Company Limited 26 Mar 2027
ISIN: INE168X08014
Taxable
Tax Category
26 Mar, 2027
Maturity Date
(1 Yr 6 Mo 8 D to mature)
Yearly
Interest Payment Frequency
Yes
NRI Eligibility
27 Mar, 2017
Allotment Date
NA
Put Date
27 Mar, 2026
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
Quote Not Available
Dirty Price
8.35%
Coupon
Fixed Interest
Coupon Basis
Quote Not Available
Current Yield
12 Mar, 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
Repayment Priority
Higher the level, higher the priority of investment repayment on default
Security with Collateral?
An investment secured with collateral helps
ISSUER
National Insurance Company Limited
National Insurance Company Limited is India’s oldest general insurance company. It was incorporated in Kolkata, West Bengal on December 5, 1906. After the passing of the General Insurance Business Nationalization Act in 1972, it was merged along with 21 foreign and 11 Indian companies to form National Insurance Company Limited, one of the four subsidiaries of General Insurance Corporation of India (GIC), fully owned by the GoI.
The ratio in FY25 is -2.19x and it was -7.22x in FY24, indicating despite efforts to control operating expenses via digital transformation and AI, a higher overall deficit persists, driven by strengthened Motor third-party claims reserves.
Debt/EBITDA
The ratio in FY25 is -5.47x and it was -1.66x in FY24, indicating that the company is not able to cover its interest expenses from operating profits, posing risk of financial distress.
Interest coverage ratio
Recent News
Finance Ministry To Take A Call On Rs 3,000 Crore Fund Infusion Based On Performance Of PSU General Insurers
Jun 01, 2023 | National Insurance Company Limited
National Insurance Company to Compensate for Earthquake Damages, Awards Rs. 6 Lakhs Compensation
Apr 02, 2024 | National Insurance Company Limited
National Insurance Company aims for Rs 100-200 cr profit in FY25
Oct 21, 2024 | National Insurance Company Limited
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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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Total Investment
| Cashflow for INE168X08014 |
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| 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). |
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| Security Name |
|---|
| 8.35% National Insurance Company Limited 26 Mar 2027 |
| Credit Rating |
|---|
| A+ /Stable by ICRA AA- (Stable) by CRISIL |
| Coupon Frequency |
|---|
| Yearly |
| Face Value |
|---|
| ₹10,00,000 |
| Coupon |
|---|
| 8.350000% |
| YTM or YTC |
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| YTM |
| Maturity Date |
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| 26/03/2027 |
| Security |
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| Senior Unsecured |
| No. of Bonds |
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| 1 |
| Settlement Date |
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| Principal Amount |
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| ₹NaN |
| Accrued Interest |
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| ₹0 |
| Stamp Duty |
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| ₹0 |
| Total Amount Payable |
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| ₹NaN |
| Price |
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| ₹NaN |
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Quote Not Available for purchase
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.
