Bajaj Finance Jul ’36
Bajaj Finance Jul ’36 is a corporate bond issued by a company to raise debt from investors, currently offering a yield to maturity (YTM) of 7.9%.
Data as of 11 Sept 2026
How this yield compares
About this bond
Bajaj Finance Jul ’36 is a corporate bond issued by a company to raise debt from investors, currently offering a yield to maturity (YTM) of 7.9%. It pays a coupon of 7.79% and matures on 4 Jul 2036, a remaining tenure of about 9.8 yr. It is rated AAA, the highest credit-safety grade. BondScanner lists this bond with a minimum investment of ₹1.0L.
Its 7.9% yield is on the conservative side, toward the lower end at 246th of 265 Corporate bonds. That trails the Corporate median of 10.50% by 2.60 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 1.35 points for taking on credit risk. Its long 9.8 yr horizon locks in today's yield well into the future - useful if rates fall, a drag if they rise. 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 (INE296A07UB9) at 7.55%, Bajaj Finance (INE296A07TX5) at 7.48% and Aditya Birla Capital (INE674K08083) at 8.1%.
About Bajaj Finance
Bajaj Finance Limited is one of India's largest non-banking financial companies, set up in 1987 and headquartered in Pune as part of the Bajaj group. It is a subsidiary of Bajaj Finserv Limited, which held a 51.39% stake as of the June 2025 rating review. The company has a diversified product suite spanning vehicle loans for two and three wheelers manufactured by Bajaj Auto, consumer durable loans, personal loans, mortgage loans, small business loans, loans against securities, commercial finance and rural finance, and has more recently entered new car loans, commercial vehicle loans, tractor financing and gold loans. Its housing finance subsidiary Bajaj Housing Finance Limited and broking arm Bajaj Financial Securities Limited complete the group. Consolidated assets under management stood at around Rs 4,16,661 crore as on 31 March 2025, with consolidated profit after tax of Rs 16,779 crore in FY25 and consolidated net worth of Rs 98,937 crore. CRISIL reaffirmed its Crisil AAA rating with Stable outlook on the company's debt instruments in June 2025, noting the company's strategic importance to the Bajaj group and its established track record of profitable growth.
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 7.9% headline is a pre-tax number. Here is the same bond seen from each slab, on ₹1,00,000 held for the remaining 9.8 yr.
| Your tax slab | Post-tax yield | ₹1,00,000 becomes |
|---|---|---|
| No tax (income under the exemption limit) | 7.90% | ₹2,10,860 |
| 5% slab | 7.50% | ₹2,03,407 |
| 20% slab | 6.32% | ₹1,82,446 |
| 30% slab | 5.53% | ₹1,69,572 |
At a 7.79% coupon, ₹1,00,000 of face value pays about ₹7,790 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 9.8 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 Jul, with about 10 payments still to come before 4 Jul 2036, each at the 7.79% 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 BondScanner before investing.