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Security Name: 8.85% Bajaj Finance Limited 15 Jul 2026

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ISIN:
INE296A08771
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Taxable

Tax Category

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15 Jul, 2026

Maturity Date
(1 Yr 6 Mo 17 D to mature)

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Yearly

Interest Payment Frequency

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Yes

NRI Eligibility

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15 Jul, 2016

Allotment Date

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NA

Put Date

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15 Jul, 2025

Next Interest Payment Date

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15 days

Shut Period

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Both

Active on NSDL/CDSL

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Non-Guaranteed

Type of Guarantee

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No

Perpetual

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Private Placement

Mode of Issue

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Listed

Listing Details

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Non Public Sector Undertaking

Type of Issuer

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Quote Not Available

Dirty Price

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8.85%

Coupon

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Fixed Interest

Coupon Basis

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NaN%

Current Yield

YOUR EARNING
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Your Investment

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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
CARE
AAA Stable
IND
Subordinated Tier 2

Repayment Priority

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

Unsecured

Security with Collateral?

An investment secured with collateral helps

ISSUER
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Bajaj Finance Limited

Bajaj Finance Ltd. is one of the largest retail asset financings NBFC with a diversified loan portfolio and a pan-India presence. While it was originally set up to provide finance for the purchase of two-wheelers and three-wheelers manufactured by Bajaj Auto Limited, it diversified into other segments over the years. Currently, it operates across 7 broad categories – Consumer Lending, Mortgages, Commercial Lending, Rural Lending, SME Lending, Deposits, and Partnerships & Services.

The ratio in FY24 is 4.97x and it was 4.81x in FY23, indicating increase in debt level, majorly due to significant increase in the finance cost and the borrowings of the issuer in FY 24.

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Debt/EBITDA

The ratio in FY24 is 2.23x and it was 2.50x in FY23 indicating decrease in debt service ability of the issuer, majorly due to increase in the finance cost.

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Interest coverage ratio

Recent News
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Bajaj Finance Ltd up for five straight sessions

Mar 27, 2024 | Bajaj Finance Limited

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Bajaj Auto to invest over Rs 3,000 crore into finance subsidiary BACL

Mar 27, 2024 | Bajaj Finance Limited

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Bajaj Finance Standalone September 2024 Net Sales at Rs 14,487.43 crore, up 27% Y-o-Y

Nov 27, 2024 | Bajaj Finance Limited

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Seniority Ranking

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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
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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.
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BOND VALUE DETAILS

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Total Investment
Cashflow for INE296A08771
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
8.85% Bajaj Finance Limited 15 Jul 2026
Credit Rating
AAA Stable by CARE
AAA Stable by IND
Coupon Frequency
Yearly
Face Value
₹10,00,000
Coupon
8.850000%
YTM or YTC
YTM
Maturity Date
15/07/2026
Security
Unsecured Subordinated Tier 2
No. of Bonds
1
Settlement Date
Principal Amount
₹NaN
Accrued Interest
₹NaN
Stamp Duty
₹0
Total Amount Payable
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Price
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Yield
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YearPayment DateAmountPayout Type

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.

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