Security Name: 9.50% Punjab and Sind Bank 26 Oct 2029
ISIN: INE608A08033
Taxable
Tax Category
26 Oct, 2029
Maturity Date
(4 Yr 1 Mo 8 D to mature)
Yearly
Interest Payment Frequency
No
NRI Eligibility
27 Jun, 2019
Allotment Date
NA
Put Date
19 Oct, 2025
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
9.5%
Coupon
Fixed Interest
Coupon Basis
Quote Not Available
Current Yield
04 Oct, 2025
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
Punjab and Sind Bank
Punjab & Sind Bank (PSB), established in 1908, is a mid-sized corporate focused public sector bank based out of New Delhi that operates through a network of 1,531 branches as on June 30, 2021, with branch concentration in North India. It was nationalized in the year 1980.
The ratio in FY25 is 1.63x as compared to 1.31x in FY24, indicating increase in the debt level due to increase in the borrowings of the issuer in FY25.
Debt/EBITDA
The ratio in FY25 is 1.13x and in FY24 it was 1.09x in FY24, indicating slight increase in debt servicing ability of the issuer due to improved core income, a decline in bad loans, and strong treasury gains.
Interest coverage ratio
Recent News
Sind Bank appoints Arnab Goswami as CFO
Apr 10, 2024 | Punjab and Sind Bank
Punjab & Sind Bank launches outreach program to boost credit growth in retail, agri & MSME sector
Apr 10, 2024 | Punjab and Sind Bank
Punjab & Sind Bank Q1 net profit surges 48% to ₹269 cr
Jul 25, 2025 | Punjab and Sind Bank
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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.
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BOND VALUE DETAILS
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Total Investment
| Cashflow for INE608A08033 |
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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 |
|---|
| 9.50% Punjab and Sind Bank 26 Oct 2029 |
| Credit Rating |
|---|
| AA / Stable by IVR AA- / Positive by CARE |
| Coupon Frequency |
|---|
| Yearly |
| Face Value |
|---|
| ₹10,00,000 |
| Coupon |
|---|
| 9.500000% |
| YTM or YTC |
|---|
| YTM |
| Maturity Date |
|---|
| 26/10/2029 |
| Security |
|---|
| Unsecured Subordinated Tier 2 |
| No. of Bonds |
|---|
| 1 |
| Settlement Date |
|---|
| Principal Amount |
|---|
| ₹NaN |
| Accrued Interest |
|---|
| ₹0 |
| Stamp Duty |
|---|
| ₹0 |
| Total Amount Payable |
|---|
| ₹NaN |
| Price |
|---|
| ₹NaN |
| Yield |
|---|
| % |
| Year | Payment Date | Amount | Amount after TDS | Payout Type |
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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.
