Arman Financials
Arman Financials is a corporate bond issued by a company to raise debt from investors, currently offering a yield to maturity (YTM) of 10.9%.
Data as of 20 Oct 2026
How this yield compares
About this bond
Arman Financials is a corporate bond issued by a company to raise debt from investors, currently offering a yield to maturity (YTM) of 10.9%. It pays a coupon of 11.35% and matures on 29 Jul 2028, a remaining tenure of about 1.8 yr. It is rated A-, an adequate credit-safety grade. GripInvest lists this bond with a minimum investment of ₹10K.
Its 10.9% yield is well above the market average, ranking 127th of 319 Corporate bonds we list. That edges 0.40 points past the Corporate median of 10.50%. Against a tenure-matched SBI fixed deposit (6.50%), it pays roughly 4.40 points more - a large gap that only makes sense once you are comfortable with the issuer's credit. Its short 1.8 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 Arman Financial (INE109C07147) at 11.3%, Arman Financial (INE109C07121) at 10% and Hella Infra Market (INE06E507579) at 16%.
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 10.9% headline is a pre-tax number. Here is the same bond seen from each slab, on ₹1,00,000 held for the remaining 1.8 yr.
| Your tax slab | Post-tax yield | ₹1,00,000 becomes |
|---|---|---|
| No tax (income under the exemption limit) | 10.90% | ₹1,20,144 |
| 5% slab | 10.36% | ₹1,19,099 |
| 20% slab | 8.72% | ₹1,15,987 |
| 30% slab | 7.63% | ₹1,13,932 |
At a 11.35% coupon, ₹1,00,000 of face value pays about ₹11,350 of interest a year. That is over the ₹10,000 Section 193 threshold, so roughly ₹1,135 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 1.8 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.
