RightBonds Fixed Income, Simplified

Satin Finserv

INE03K307173 Corporate A- Matures Apr 2028

Satin Finserv is a corporate bond issued by a company to raise debt from investors, currently offering a yield to maturity (YTM) of 11.5%.

Data as of 11 Sept 2026

Yield to Maturity (YTM)
11.5%
Annualised return if held to maturity · 26 Apr 2028
+5.0% vs bank FD
Coupon Rate
10.9%
Paid periodically
Maturity
26 Apr 2028
Principal returned
Tenure
1.6 yr
Remaining
Min. Invest
₹10K
Min. ticket
Return
₹1,956
Est. pre-tax

How this yield compares

This bondSatin Finserv
11.5%
Category avgCorporate
10.3%
Fixed Deposit1.6 yr tenure
6.50%

At 11.5% YTM, this bond yields about 5.0 percentage points more than a tenure-matched fixed deposit (6.50%) and sits above the Corporate average - reflecting the credit profile of a A- issuer.

About this bond

Satin Finserv is a corporate bond issued by a company to raise debt from investors, currently offering a yield to maturity (YTM) of 11.5%. It pays a coupon of 10.9% and matures on 26 Apr 2028, a remaining tenure of about 1.6 yr. It is rated A-, an adequate credit-safety grade. WintWealth lists this bond with a minimum investment of ₹10K.

Its 11.5% yield is well above the market average, placing it 60th of the 265 Corporate bonds on RightBonds - firmly in the top tier. That is 1.00 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 5.00 points more - a large gap that only makes sense once you are comfortable with the issuer's credit. Its short 1.6 yr horizon locks the rate for only a few years, limiting reinvestment risk. Paired with its high safety (A-) rating, that leans toward the safety-first end. Compare it against similar bonds on RightBonds before investing.

Investors comparing this bond often also look at SATIN FINSERV (INE03K307215) at 11.9%, Satin Finserv (INE03K307199) at 11.8% and Tapir Constructions (INE00DJ07052) at 12.62%.

About Satin Finserv

Satin Finserv Limited is an NBFC incorporated in August 2018 and headquartered in Gurugram, Haryana. It is a wholly owned subsidiary of Satin Creditcare Network Limited and began operations in March 2019, lending to micro, small and medium enterprises through a retail micro-enterprise vertical and a newer Sustainable and Emerging Businesses vertical. As of 31 March 2026 it operated in 14 states.

AUMRs 1,054 crore
Gross NPA3.8%
Capital adequacy29.6%
Net profitRs 10.5 crore

Figures as of FY26 (31 Mar 2026). Rated by ICRA. Source: rating rationale. All Satin Finserv bonds.

Bond details

Credit RatingA-
CategoryCorporate
Coupon Rate10.9%
Yield to Maturity11.5%
Maturity Date26 Apr 2028
Listed onWintWealth
Minimum Investment₹10K
Face Value₹10,000
Principal RepaidIn instalments
Return₹1,956
ISININE03K307173

What you keep after tax

Interest on a listed corporate bond is added to your income and taxed at your slab, so the 11.5% headline is a pre-tax number. Here is the same bond seen from each slab, on ₹1,00,000 held for the remaining 1.6 yr.

Your tax slabPost-tax yield₹1,00,000 becomes
No tax (income under the exemption limit) 11.50% ₹1,19,305
5% slab 10.92% ₹1,18,309
20% slab 9.20% ₹1,15,340
30% slab 8.05% ₹1,13,377

At a 10.9% coupon, ₹1,00,000 of face value pays about ₹10,900 of interest a year. That is over the ₹10,000 Section 193 threshold, so roughly ₹1,090 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 1.6 years, one in this bond and one in a tenure-matched SBI fixed deposit at 6.50%.

This bond at 11.5%₹1,19,305
Fixed deposit at 6.50%₹1,11,021
Difference+₹8,283

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 A- credit risk is the reason for the gap.