RightBonds Fixed Income, Simplified
This bond is no longer available.

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 →

BAJAJ FINANCE

No longer listed INE296A07RW1 Corporate AAA Matures Dec 2031
Yield to Maturity (YTM)
6.95%
Annualised return if held to maturity · 2 Dec 2031
+0.4% vs bank FD
Coupon Rate
7.15%
Paid periodically
Maturity
2 Dec 2031
Principal returned
Tenure
5.3 yr
Remaining
Min. Invest
₹10.5L
Min. ticket
Return
₹4,57,068
Est. pre-tax

How this yield compares

This bondBAJAJ FINANCE
6.95%
Category avgCorporate
10.7%
Fixed Deposit5.3 yr tenure
6.55%

At 6.95% YTM, this bond yields about 0.4 percentage points more than a tenure-matched fixed deposit (6.55%) and sits below the Corporate average - reflecting the credit profile of a AAA issuer.

About this bond

BAJAJ FINANCE is a corporate bond issued by a company to raise debt from investors, currently offering a yield to maturity (YTM) of 6.95%. It pays a coupon of 7.15% and matures on 2 Dec 2031, a remaining tenure of about 5.3 yr. It is rated AAA, the highest credit-safety grade. GoldenPi lists this bond with a minimum investment of ₹10.5L.

Its 6.95% 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 3.80 points, so the trade-off is lower yield for whatever else this issuer offers. It yields only about 0.40 points over a comparable SBI fixed deposit (6.55%), so weigh the extra credit risk carefully. Its medium 5.3 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 Bajaj Finance (INE296A07TX5) at 7.25%, Aditya Birla Capital (INE674K08083) at 8.12% and Aditya Birla Capital (INE674K08018) at 8%.

Bond details

IssuerBAJAJ FINANCE
Credit RatingAAA
CategoryCorporate
Coupon Rate7.15%
Yield to Maturity6.95%
Maturity Date2 Dec 2031
Listed onGoldenPi
Minimum Investment₹10.5L
Return₹4,57,068
ISININE296A07RW1

What you keep after tax

Interest on a listed corporate bond is added to your income and taxed at your slab, so the 6.95% headline is a pre-tax number. Here is the same bond seen from each slab, on ₹1,00,000 held for the remaining 5.3 yr.

Your tax slabPost-tax yield₹1,00,000 becomes
No tax (income under the exemption limit) 6.95% ₹1,43,134
5% slab 6.60% ₹1,40,669
20% slab 5.56% ₹1,33,481
30% slab 4.87% ₹1,28,857

At a 7.15% coupon, ₹1,00,000 of face value pays about ₹7,150 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 5.3 years, one in this bond and one in a tenure-matched SBI fixed deposit at 6.55%.

This bond at 6.95%₹1,43,134
Fixed deposit at 6.55%₹1,41,447
Difference+₹1,687

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.