Satin Finserv Aug ’28
Satin Finserv Aug ’28 is a corporate bond issued by a company to raise debt from investors, currently offering a yield to maturity (YTM) of 11.8%.
Data as of 11 Sept 2026
How this yield compares
About this bond
Satin Finserv Aug ’28 is a corporate bond issued by a company to raise debt from investors, currently offering a yield to maturity (YTM) of 11.8%. It pays a coupon of 10.35% and matures on 11 Aug 2028, a remaining tenure of about 1.9 yr. It is rated A-, an adequate credit-safety grade. BondScanner lists this bond with a minimum investment of ₹99K.
Its 11.8% yield is well above the market average, placing it 44th of the 265 Corporate bonds on RightBonds - firmly in the top tier. That is 1.30 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 5.30 points more - a large gap that only makes sense once you are comfortable with the issuer's credit. Its short 1.9 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 (INE03K307173) at 11.5% 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.
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 11.8% headline is a pre-tax number. Here is the same bond seen from each slab, on ₹1,00,000 held for the remaining 1.9 yr.
| Your tax slab | Post-tax yield | ₹1,00,000 becomes |
|---|---|---|
| No tax (income under the exemption limit) | 11.80% | ₹1,23,822 |
| 5% slab | 11.21% | ₹1,22,573 |
| 20% slab | 9.44% | ₹1,18,863 |
| 30% slab | 8.26% | ₹1,16,420 |
At a 10.35% coupon, ₹1,00,000 of face value pays about ₹10,350 of interest a year. That is over the ₹10,000 Section 193 threshold, so roughly ₹1,035 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 1.9 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 A- credit risk is the reason for the gap.
When you get paid
Interest lands 4 times a year, in Feb, May, Aug, Nov, with about 8 payments still to come before 11 Aug 2028, each at the 10.35% coupon rate.
Payment months come from the issuer's schedule. Exact dates within the month, and the amount per payment, depend on the face value of the units you buy - check the term sheet on BondScanner before investing.