This bond is no longer available. It has matured, sold out, or been delisted from the platforms we track, last seen on 31 Jul 2026. The details below are kept as a record of the issue. Compare bonds available now →
IFL Finance Limited
IFL Finance Limited is a corporate bond issued by a company to raise debt from investors, was last listed at a yield to maturity (YTM) of 12.85%.
Data as of 31 Jul 2026
How this yield compares
About this bond
IFL Finance Limited is a corporate bond issued by a company to raise debt from investors, currently offering a yield to maturity (YTM) of 12.85%. It pays a coupon of 12.25% and matures on 18 Nov 2027, a remaining tenure of about 1.1 yr. It is rated BBB, a moderate credit-safety grade. GripInvest lists this bond with a minimum investment of ₹6K.
Its 12.85% yield is well above the market average, placing it 36th of the 319 Corporate bonds on RightBonds - firmly in the top tier. That is 2.35 percentage points above the Corporate median of 10.50% - a clear yield premium over the typical peer. Against a tenure-matched SBI fixed deposit (6.50%), it pays roughly 6.35 points more - a large gap that only makes sense once you are comfortable with the issuer's credit. Its short 1.1 yr horizon locks the rate for only a few years, limiting reinvestment risk. Paired with its moderate safety (BBB) rating, that is a higher-yield, higher-risk profile. Compare it against similar bonds on RightBonds before investing.
Investors comparing this bond often also look at IFL Finance (INE01XO07066) at 10.75%, IFL Finance (INE01XO07074) at 10.75% and IFL Finance (INE01XO07033) at 10%.
About IFL Finance
IFL Finance Limited, formerly IFL Housing Finance Limited, is a non-deposit-taking NBFC incorporated in September 2015. It commenced operations in January 2018 on receipt of its housing finance licence, then surrendered that licence in June 2025 and now operates as an NBFC focused on gold loans, which made up about 79% of the portfolio as on 31 December 2025, alongside a run-down book of home loans (20%) and loans against property (1%). The company is founder-led by Gopal Bansal, its CEO and Managing Director, and India Finsec Limited, a BSE-listed NBFC, held around 71% of its shares as on 31 March 2025. It operates in Rajasthan, Madhya Pradesh, Haryana and Delhi, with about 76% of the portfolio concentrated in Rajasthan and Delhi. CRISIL upgraded the company to CRISIL BBB with a Stable outlook during FY26 and rates its bank facilities and non-convertible debentures. It is a small but well-capitalised lender, with AUM of Rs 332 crore and a capital adequacy ratio of 65.8% as on 31 March 2025.
Bond details
What you keep after tax
Interest on a listed corporate bond is added to your income and taxed at your slab, so the 12.85% headline is a pre-tax number. Here is the same bond seen from each slab, on ₹1,00,000 held for the remaining 1.1 yr.
| Your tax slab | Post-tax yield | ₹1,00,000 becomes |
|---|---|---|
| No tax (income under the exemption limit) | 12.85% | ₹1,13,926 |
| 5% slab | 12.21% | ₹1,13,226 |
| 20% slab | 10.28% | ₹1,11,130 |
| 30% slab | 8.99% | ₹1,09,734 |
At a 12.25% coupon, ₹1,00,000 of face value pays about ₹12,250 of interest a year. That is over the ₹10,000 Section 193 threshold, so roughly ₹1,225 a year is withheld as TDS - adjustable against your final liability, not an extra tax.
Slab rates only - surcharge and cess are not included, and the figures assume you hold to maturity. Sold on the exchange after 12 months instead, the gain is taxed as long-term capital gains at 12.5%. Not tax advice.
Against a fixed deposit, in rupees
Same ₹1,00,000, same 1.1 years, one in this bond and one in a tenure-matched SBI fixed deposit at 6.50%.
Bond figure compounds the yield annually; the FD compounds quarterly, as a cumulative bank FD does. Both are pre-tax and assume the bond is held to maturity and the issuer pays in full - the BBB credit risk is the reason for the gap.
