This bond is no longer available. It has matured, sold out, or been delisted from the platforms we track, last seen on 29 Oct 2026. The details below are kept as a record of the issue. Compare bonds available now →
Namra Finance
Namra Finance is a corporate bond issued by a company to raise debt from investors, was last listed at a yield to maturity (YTM) of 11.25%.
Data as of 29 Oct 2026
How this yield compares
About this bond
Namra Finance is a corporate bond issued by a company to raise debt from investors, currently offering a yield to maturity (YTM) of 11.25%. It pays a coupon of 11.25% and matures on 11 Sept 2028, a remaining tenure of about 1.9 yr. It is rated A-, an adequate credit-safety grade. WintWealth lists this bond with a minimum investment of ₹1.0L.
Its 11.25% yield is well above the market average, ranking 87th of 318 Corporate bonds we list. That is 0.75 percentage points above the Corporate median of 10.50% - a clear yield premium over the typical peer. Against a tenure-matched SBI fixed deposit (6.50%), it pays roughly 4.75 points more - a large gap that only makes sense once you are comfortable with the issuer's credit. Its short 1.9 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 Hella Infra Market Retail (INE0P6G07194) at 16.2%, Hella Infra Market (INE06E507579) at 16.1% and Lucina Land Development (INE0JZO07057) at 13.47%.
About Namra Finance
Namra Finance Limited is the wholly owned microfinance subsidiary of the listed Arman Financial Services Limited, and contributes roughly 75% of the Arman group's assets under management. The group's consolidated AUM was Rs 2,245 crore as on March 31, 2025, down 15% year on year on subdued microfinance disbursements. Namra's own tangible net worth stood at Rs 638 crore with gearing of 1.3x, and its 90+ days-past-due book was 2.74%. Profit fell steeply in FY25 on elevated credit costs across the microfinance sector, and CARE revised the outlook to Negative in June 2025.
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 11.25% headline is a pre-tax number. Here is the same bond seen from each slab, on ₹1,00,000 held for the remaining 1.9 yr.
| Your tax slab | Post-tax yield | ₹1,00,000 becomes |
|---|---|---|
| No tax (income under the exemption limit) | 11.25% | ₹1,21,841 |
| 5% slab | 10.69% | ₹1,20,702 |
| 20% slab | 9.00% | ₹1,17,314 |
| 30% slab | 7.87% | ₹1,15,081 |
At a 11.25% coupon, ₹1,00,000 of face value pays about ₹11,250 of interest a year. That is over the ₹10,000 Section 193 threshold, so roughly ₹1,125 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 1.9 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.
When you get paid
Interest lands 4 times a year, in Feb, May, Aug, Nov, with about 8 payments still to come before 11 Sept 2028, each at the 11.25% 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.