GREAVES FINANCE LIMITED
GREAVES FINANCE LIMITED is a corporate bond issued by a company to raise debt from investors, currently offering a yield to maturity (YTM) of 10.6%.
Data as of 4 Nov 2026
How this yield compares
About this bond
GREAVES FINANCE LIMITED is a corporate bond issued by a company to raise debt from investors, currently offering a yield to maturity (YTM) of 10.6%. It pays a coupon of 10.5% and matures on 29 Dec 2028, a remaining tenure of about 2.2 yr. It is rated A-, an adequate credit-safety grade. GripInvest lists this bond with a minimum investment of ₹1.0L.
Its 10.6% yield is well above the market average, ranking 145th of 318 Corporate bonds we list. That edges 0.10 points past the Corporate median of 10.50%. Against a tenure-matched SBI fixed deposit (6.65%), it pays roughly 3.95 points more - a large gap that only makes sense once you are comfortable with the issuer's credit. Its short 2.2 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 Greaves Finance (INE1QWF07063) at 10%, Greaves Finance (INE1QWF07048) at 9.85% and Hella Infra Market Retail (INE0P6G07194) at 16.2%.
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 10.6% headline is a pre-tax number. Here is the same bond seen from each slab, on ₹1,00,000 held for the remaining 2.2 yr.
| Your tax slab | Post-tax yield | ₹1,00,000 becomes |
|---|---|---|
| No tax (income under the exemption limit) | 10.60% | ₹1,24,204 |
| 5% slab | 10.07% | ₹1,22,927 |
| 20% slab | 8.48% | ₹1,19,138 |
| 30% slab | 7.42% | ₹1,16,648 |
At a 10.5% coupon, ₹1,00,000 of face value pays about ₹10,500 of interest a year. That is over the ₹10,000 Section 193 threshold, so roughly ₹1,050 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 2.2 years, one in this bond and one in a tenure-matched SBI fixed deposit at 6.65%.
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.
