Header BG

Security Name: 8.60% REC Limited 08 Mar 2029

Copy icon

ISIN: INE020B08BL8

Copy icon
card-bg

Taxable

Tax Category

card-bg

08 Mar, 2029

Maturity Date
(3 Yr 5 Mo 27 D to mature)

card-bg

Half Yearly

Interest Payment Frequency

card-bg

No

NRI Eligibility

card-bg

08 Mar, 2019

Allotment Date

card-bg

NA

Put Date

card-bg

08 Mar, 2026

Next Interest Payment Date

card-bg

15 days

Shut Period

card-bg

Both

Active on NSDL/CDSL

card-bg

Non-Guaranteed

Type of Guarantee

card-bg

No

Perpetual

card-bg

Private Placement

Mode of Issue

card-bg

Listed

Listing Details

card-bg

Public Sector Undertaking

Type of Issuer

card-bg

₹NaN

Dirty Price

card-bg

8.6%

Coupon

card-bg

Fixed Interest

Coupon Basis

card-bg

8.1614%

Current Yield

card-bg

21 Feb, 2026

Record Date

YOUR EARNING

gray-flag icon

Your Investment

green-flag icon

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

Credit Rating
Low SafetyHigh Safety
AAA Stable
CRISIL
AAA Stable
ICRA
AAA Stable
CARE
AAA Stable
IND
Senior

Repayment Priority

Higher the level, higher the priority of investment repayment on default

Unsecured

Security with Collateral?

An investment secured with collateral helps

ISSUER

logo
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.

Info icon

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.

Info icon

Interest coverage ratio

Recent News

News Thumbnail
REC’s proposed fund borrowings will be raised for different maturities

Jun 01, 2023 | REC Limited

News Thumbnail
Sunsure Energy and REC limited ink Rs 10,000 crore deal to power India’s renewable energy future

Oct 18, 2024 | REC Limited

News Thumbnail
REC Limited Sanctions Rs6.22 Crore for Advanced Computer Lab at Bodoland University

Jul 31, 2025 | REC Limited

Related Videos

Video ThumbnailPlay Button

Tax-Free Bonds

Tax Planning 2.0: Elevating Your Investment Game with Tax-Free Bonds

Video ThumbnailPlay Button

Principal Repayment Schedule

Understanding the Payback: The Essentials of Principal Repayment

STEPS TO BUY THIS BOND

Complete KYCe-KYC approval in just 5 minutes!Place your OrderSwipe right to buy this Bond.Transfer funds to ICCLUse Net Banking or visit your nearest branch.SettlementSit back and relax, while we deliver your Security!

Information required for KYC

PAN Card

Bank Account Proof

Aadhaar Card

Demat Account Proof

How to exit the investment?

At MaturityThe Issuer will return your principal and redeem the bond
Sell your bond anytimeYou can sell your bond anytime you want by reaching out to your Relationship Manager.
E-Book

To know more about the Bond and the issuer, download the Information Memorandum.

E-Book

To read about the reasons for the ratings assigned to the Bond, download the Rating Rationale.

Clean Price
Yield (YTM)
Header BG
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 INE020B08BL8
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
8.60% REC Limited 08 Mar 2029
Credit Rating
AAA Stable by CRISIL
AAA Stable by ICRA
AAA Stable by CARE
AAA Stable by IND
Coupon Frequency
Half Yearly
Face Value
₹10,00,000
Coupon
8.600000%
YTM or YTC
YTM
Maturity Date
08/03/2029
Security
Senior Unsecured
No. of Bonds
1
Settlement Date
Sep 11,2025
Principal Amount
₹10,53,737
Accrued Interest
₹0
Stamp Duty
₹1
Total Amount Payable
₹10,53,738
Price
₹105.3737
Yield
0%
YearPayment DateAmountAmount after TDSPayout 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

Bond Logo
8.07% Prayagraj Nagar Nigam 02 May 2032
02 May, 2032
Maturity Date
₹10,00,000
Minimum Qty
INE1QL524024
Launch Icon
ISIN
Half Yearly
IP Frequency
7.7006%
Yield
₹102.5982
Price
INDAA Stable
Bond Logo
8.22% National Bank For Agriculture And Rural Development 13 Dec 2028
13 Dec, 2028
Maturity Date
₹10,00,000
Minimum Qty
INE261F08AV0
Launch Icon
ISIN
Half Yearly
IP Frequency
6.9742%
Yield
₹103.8902
Price
INDAAA Stable
Bond Logo
7.10% National Bank For Agriculture And Rural Development 08 Feb 2030
08 Feb, 2030
Maturity Date
₹10,00,000
Minimum Qty
INE261F08BY2
Launch Icon
ISIN
Half Yearly
IP Frequency
7.0124%
Yield
₹100.7522
Price
ICRAAAA Stable
Bond Logo
8.00% Mahanagar Telephone Nigam Limited 15 Nov 2032
15 Nov, 2032
Maturity Date
₹10,00,000
Minimum Qty
INE153A08105
Launch Icon
ISIN
Half Yearly
IP Frequency
7.7062%
Yield
₹102.3395
Price
CAREAAA (CE)
Bond Logo
8.67% Power Finance Corporation Limited 18 Nov 2028
18 Nov, 2028
Maturity Date
₹10,00,000
Minimum Qty
INE134E08JR1
Launch Icon
ISIN
Half Yearly
IP Frequency
7.0218%
Yield
₹104.9528
Price
CAREAAA Stable