RightBonds Fixed Income, Simplified

Keertana Finserv

INE0NES07188 Corporate BBB+ Matures Dec 2026

Keertana Finserv is a corporate bond issued by a company to raise debt from investors, currently offering a yield to maturity (YTM) of 8%.

Data as of 11 Sept 2026

Yield to Maturity (YTM)
8%
Annualised return if held to maturity · 11 Dec 2026
+2.8% vs bank FD
Coupon Rate
11.2%
Paid periodically
Maturity
11 Dec 2026
Principal returned
Tenure
3 mo
Remaining
Min. Invest
₹1.0L
Min. ticket
Return
₹1,942
Est. pre-tax

How this yield compares

This bondKeertana Finserv
8%
Category avgCorporate
10.3%
Fixed Deposit3 mo tenure
5.15%

At 8% YTM, this bond yields about 2.8 percentage points more than a tenure-matched fixed deposit (5.15%) and sits below the Corporate average - reflecting the credit profile of a BBB+ issuer.

About this bond

Keertana Finserv is a corporate bond issued by a company to raise debt from investors, currently offering a yield to maturity (YTM) of 8%. It pays a coupon of 11.2% and matures on 11 Dec 2026, a remaining tenure of about 3 mo. It is rated BBB+, a moderate credit-safety grade. WintWealth lists this bond with a minimum investment of ₹1.0L.

Its 8% yield is solid for its risk band, toward the lower end at 240th of 265 Corporate bonds. That trails the Corporate median of 10.50% by 2.50 points, so the trade-off is lower yield for whatever else this issuer offers. A comparable SBI fixed deposit yields about 5.15%, so this bond adds roughly 2.85 points for taking on credit risk. Its short 3 mo horizon locks the rate for only a few years, limiting reinvestment risk. Paired with its moderate safety (BBB+) 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 Keertana Finserv (INE0NES07253) at 12.5%, Akara (INE08XP07522) at 13.75% and Dvara Kshetriya (INE179P07621) at 13.5%.

About Keertana Finserv

Keertana Finserv Limited was incorporated as a private limited company in 1996 and lends against gold alongside joint liability group and MSME loans, operating 443 branches as on June 30, 2025. CRISIL's rating reflects the scale-up of operations, the promoter's long-standing experience in retail lending and adequate capitalisation supported by regular equity infusions. Gross NPAs rose from 0.79% at the end of FY25 to 2.16% by June 30, 2025.

AUMRs 2,469 crore
Gross NPA2.16%
Net profitRs 66 crore (FY25)

Figures as of Q1 FY26 (30 Jun 2025). Rated by CRISIL. Source: rating rationale. All Keertana Finserv bonds.

Bond details

Credit RatingBBB+
CategoryCorporate
Coupon Rate11.2%
Yield to Maturity8%
Maturity Date11 Dec 2026
Listed onWintWealth
Minimum Investment₹1.0L
Face Value₹1,00,000
Principal RepaidAt maturity
Return₹1,942
ISININE0NES07188

What you keep after tax

Interest on a listed corporate bond is added to your income and taxed at your slab, so the 8% headline is a pre-tax number. Here is the same bond seen from each slab, on ₹1,00,000 held for the remaining 3 mo.

Your tax slabPost-tax yield₹1,00,000 becomes
No tax (income under the exemption limit) 8.00% ₹1,01,929
5% slab 7.60% ₹1,01,835
20% slab 6.40% ₹1,01,552
30% slab 5.60% ₹1,01,362

At a 11.2% coupon, ₹1,00,000 of face value pays about ₹11,200 of interest a year. That is over the ₹10,000 Section 193 threshold, so roughly ₹1,120 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 0.2 years, one in this bond and one in a tenure-matched SBI fixed deposit at 5.15%.

This bond at 8%₹1,01,929
Fixed deposit at 5.15%₹1,01,279
Difference+₹651

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.

When you get paid

Interest lands every month, with about 4 payments still to come before 11 Dec 2026, each at the 11.2% 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 WintWealth before investing.