RightBonds Fixed Income, Simplified

Arka Fincap Dec ’28

INE03W107223 Corporate AA Matures Dec 2028

Arka Fincap Dec ’28 is a corporate bond issued by a company to raise debt from investors, currently offering a yield to maturity (YTM) of 8.6%.

Data as of 11 Sept 2026

Yield to Maturity (YTM)
8.6%
Annualised return if held to maturity · 27 Dec 2028
+1.9% vs bank FD
Coupon Rate
10%
Paid periodically
Maturity
27 Dec 2028
Principal returned
Tenure
2.3 yr
Remaining
Min. Invest
₹1K
Min. ticket
Return
₹229
Est. pre-tax

How this yield compares

This bondArka Fincap Dec ’28
8.6%
Category avgCorporate
10.3%
Fixed Deposit2.3 yr tenure
6.65%

At 8.6% YTM, this bond yields about 1.9 percentage points more than a tenure-matched fixed deposit (6.65%) and sits below the Corporate average - reflecting the credit profile of a AA issuer.

About this bond

Arka Fincap Dec ’28 is a corporate bond issued by a company to raise debt from investors, currently offering a yield to maturity (YTM) of 8.6%. It pays a coupon of 10% and matures on 27 Dec 2028, a remaining tenure of about 2.3 yr. It is rated AA, a high credit-safety grade. BondScanner lists this bond with a minimum investment of ₹1K.

Its 8.6% yield is solid for its risk band, toward the lower end at 219th of 265 Corporate bonds. That trails the Corporate median of 10.50% by 1.90 points, so the trade-off is lower yield for whatever else this issuer offers. A comparable SBI fixed deposit yields about 6.65%, so this bond adds roughly 1.95 points for taking on credit risk. Its short 2.3 yr horizon locks the rate for only a few years, limiting reinvestment risk. Paired with its very high safety (AA) 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 Muthoot Fincorp (INE549K08590) at 10.5%, Muthoot Fincorp (INE549K08632) at 10.4% and Muthoot Fincorp (INE549K08533) at 10%.

Bond details

IssuerArka Fincap Dec ’28
Credit RatingAA
CategoryCorporate
Coupon Rate10%
Yield to Maturity8.6%
Maturity Date27 Dec 2028
Listed onBondScanner
Minimum Investment₹1K
Face Value₹1,000
Return₹229
ISININE03W107223

What you keep after tax

Interest on a listed corporate bond is added to your income and taxed at your slab, so the 8.6% headline is a pre-tax number. Here is the same bond seen from each slab, on ₹1,00,000 held for the remaining 2.3 yr.

Your tax slabPost-tax yield₹1,00,000 becomes
No tax (income under the exemption limit) 8.60% ₹1,20,830
5% slab 8.17% ₹1,19,735
20% slab 6.88% ₹1,16,486
30% slab 6.02% ₹1,14,347

At a 10% coupon, ₹1,00,000 of face value pays about ₹10,000 of interest a year, under the ₹10,000 Section 193 threshold, so no TDS is withheld.

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 2.3 years, one in this bond and one in a tenure-matched SBI fixed deposit at 6.65%.

This bond at 8.6%₹1,20,830
Fixed deposit at 6.65%₹1,16,330
Difference+₹4,500

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 AA credit risk is the reason for the gap.

When you get paid

Interest lands once a year, in Dec, with about 3 payments still to come before 27 Dec 2028, each at the 10% 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.