It has matured, sold out, or been delisted from the platforms we track, last seen on 22 Jul 2026. The details below are kept as a record of the issue. Compare bonds available now →
Power Finance
How this yield compares
About this bond
Power Finance is a corporate bond issued by a company to raise debt from investors, currently offering a yield to maturity (YTM) of 6.85%. It pays a coupon of 6.92% and matures on 14 Apr 2032, a remaining tenure of about 5.7 yr. It is rated AAA, the highest credit-safety grade. GoldenPi lists this bond with a minimum investment of ₹10.4L.
Its 6.85% yield is on the conservative side, toward the lower end at 175th of 175 Corporate bonds. That trails the Corporate median of 10.75% by 3.90 points, so the trade-off is lower yield for whatever else this issuer offers. It yields only about 0.30 points over a comparable SBI fixed deposit (6.55%), so weigh the extra credit risk carefully. Its medium 5.7 yr horizon balances rate lock-in against flexibility. Paired with its highest safety (AAA) 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 Aditya Birla Capital (INE674K08083) at 8.12%, Aditya Birla Capital (INE674K08018) at 8% and Poonawalla Fincorp (INE511C07953) at 7.5%.
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 6.85% headline is a pre-tax number. Here is the same bond seen from each slab, on ₹1,00,000 held for the remaining 5.7 yr.
| Your tax slab | Post-tax yield | ₹1,00,000 becomes |
|---|---|---|
| No tax (income under the exemption limit) | 6.85% | ₹1,45,925 |
| 5% slab | 6.51% | ₹1,43,277 |
| 20% slab | 5.48% | ₹1,35,570 |
| 30% slab | 4.79% | ₹1,30,624 |
At a 6.92% coupon, ₹1,00,000 of face value pays about ₹6,920 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 5.7 years, one in this bond and one in a tenure-matched SBI fixed deposit at 6.55%.
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 AAA credit risk is the reason for the gap.