Security Name: 8.41% Mahindra Rural Housing Finance Limited 28 Feb 2029
ISIN: INE950O07446
Taxable
Tax Category
28 Feb, 2029
Maturity Date
(3 Yr 4 Mo 28 D to mature)
Yearly
Interest Payment Frequency
Yes
NRI Eligibility
28 Feb, 2024
Allotment Date
NA
Put Date
28 Feb, 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
Non Public Sector Undertaking
Type of Issuer
₹NaN
Dirty Price
8.41%
Coupon
Fixed Interest
Coupon Basis
8.1836%
Current Yield
13 Feb, 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
Mahindra Rural Housing Finance Limited
Incorporated in April 2007, Mahindra Rural Housing Finance Ltd. (MRHFL) is a housing finance company. It provides very low-ticket housing loans with presence predominantly in rural and semi-urban areas. Being one of the pioneers in the rural housing finance business in India, the company intends to leverage its understanding and experience in rural markets by providing housing loans to untapped segments.
The ratio in FY24 is 10.25x and it was 11.01x in FY23, indicating decrease in the debt levels, due to decrease in borrowings of the issuer FY24.
Debt/EBITDA
The ratio in FY24 is 1.01x and it was 1.05x in FY23, indicating a slight dip in the issuer's debt servicing ability, due to significant decrease in profitability in FY24.
Interest coverage ratio
Recent News
Nucleus Software gains over 4% on partnership with Mahindra Rural Housing Finance
Mar 27, 2024 | Mahindra Rural Housing Finance Limited
Mahindra Finance To Focus On Affordable Housing As Rural Business Takes A Hit Read more at
Mar 27, 2024 | Mahindra Rural Housing Finance Limited
Related Videos
Bond Market Strategies
Bond Strategies Unplugged: Decoding Proven Tactics for Successful Investing
What are Bonds?
From Basics to Brilliance: Unravelling the Concept of Bonds
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, send a request for the Information Memorandum. You will receive an email shortly.
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
Select the number of units below
BOND VALUE DETAILS
Face Value
Market Value
Stamp Duty
Select a Settlement Date:
Total Investment
| Cashflow for INE950O07446 |
|---|
| 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 |
|---|
| 8.41% Mahindra Rural Housing Finance Limited 28 Feb 2029 |
| Credit Rating |
|---|
| AAA Stable by CRISIL AAA Stable by CARE |
| Coupon Frequency |
|---|
| Yearly |
| Face Value |
|---|
| ₹1,00,000 |
| Coupon |
|---|
| 8.410000% |
| YTM or YTC |
|---|
| YTM |
| Maturity Date |
|---|
| 28/02/2029 |
| Security |
|---|
| Senior Secured |
| No. of Bonds |
|---|
| 1 |
| Settlement Date |
|---|
| Oct 01,2025 |
| Principal Amount |
|---|
| ₹1,02,766.2 |
| Accrued Interest |
|---|
| ₹0 |
| Stamp Duty |
|---|
| ₹0 |
| Total Amount Payable |
|---|
| ₹1,02,766.2 |
| Price |
|---|
| ₹102.7662 |
| 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.
similar bonds
