Jio Credit
Jio Credit 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 20 Oct 2026
How this yield compares
About this bond
Jio Credit 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 8.59% and matures on 5 Oct 2031, a remaining tenure of about 5.0 yr. It is rated AAA, the highest 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 302nd of 319 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 6.55%, so this bond adds roughly 1.45 points for taking on credit risk. Its medium 5.0 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 JIO CREDIT (INE282H07083) at 7.25%, Aditya Birla Capital (INE674K08083) at 8.1% and Bajaj Finance (INE296A07UC7) at 7.85%.
About Jio Credit
Jio Credit Limited is a wholly owned subsidiary of Jio Financial Services, the financial services holding company demerged from Reliance Industries in 2023. It lends across home loans, loan against property, loan against securities and vendor financing, and has scaled quickly from a standing start, reaching assets under management of about Rs 10,094 crore by March 2025. The rating rests substantially on the parent: what the agency cites is the linkage to Jio Financial Services and that group’s capitalisation, rather than a long standalone operating record. This is a young lender inside a very well capitalised group.
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 8% headline is a pre-tax number. Here is the same bond seen from each slab, on ₹1,00,000 held for the remaining 5.0 yr.
| Your tax slab | Post-tax yield | ₹1,00,000 becomes |
|---|---|---|
| No tax (income under the exemption limit) | 8.00% | ₹1,46,459 |
| 5% slab | 7.60% | ₹1,43,789 |
| 20% slab | 6.40% | ₹1,36,012 |
| 30% slab | 5.60% | ₹1,31,016 |
At a 8.59% coupon, ₹1,00,000 of face value pays about ₹8,590 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 5.0 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.
When you get paid
Interest lands once a year, in Sep, with about 5 payments still to come before 5 Oct 2031, each at the 8.59% 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.
