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This bond is no longer available. It has matured, sold out, or been delisted from the platforms we track, last seen on 25 Sept 2026. The details below are kept as a record of the issue. Compare bonds available now →

Muthoot Capital Services Ltd

No longer listed INE296G07283 Corporate A+ Matures Apr 2027 Monthly payout On Jiraaf

Muthoot Capital Services Ltd is a corporate bond issued by a company to raise debt from investors, was last listed at a yield to maturity (YTM) of 9%.

Data as of 25 Sept 2026

Yield to Maturity (YTM)
9%
Annualised return if held to maturity · 3 Apr 2027
+3.8% vs bank FD
Coupon Rate
9%
Paid periodically
Maturity
3 Apr 2027
Principal returned
Tenure
5 mo
Remaining
Min. Invest
₹29K
Min. ticket
Return
₹1,314
Est. pre-tax

How this yield compares

This bondMuthoot Capital Services Ltd
9%
Category avgCorporate
10.4%
Fixed Deposit5 mo tenure
5.15%

At 9% YTM, this bond yields about 3.8 percentage points more than a tenure-matched fixed deposit (5.15%) and sits below the Corporate average - reflecting the credit profile of a A+ issuer.

About this bond

Muthoot Capital Services Ltd is a corporate bond issued by a company to raise debt from investors, currently offering a yield to maturity (YTM) of 9%. It pays a coupon of 9% and matures on 3 Apr 2027, a remaining tenure of about 5 mo. It is rated A+, an adequate credit-safety grade. Jiraaf lists this bond with a minimum investment of ₹29K.

Its 9% yield is solid for its risk band, toward the lower end at 237th of 315 Corporate bonds. That trails the Corporate median of 10.40% by 1.40 points, so the trade-off is lower yield for whatever else this issuer offers. Against a tenure-matched SBI fixed deposit (5.15%), it pays roughly 3.85 points more - a large gap that only makes sense once you are comfortable with the issuer's credit. Its short 5 mo 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 Muthoot Capital Services (INE296G07325) at 9.75%, U GRO Capital (INE583D08081) at 12.45% and U GRO Capital (INE583D07687) at 11.25%.

Bond details

Credit RatingA+
CategoryCorporate
Coupon Rate9%
Yield to Maturity9%
Maturity Date3 Apr 2027
Listed onJiraaf
Minimum Investment₹29K
Return₹1,314
ISININE296G07283

What you keep after tax

Interest on a listed corporate bond is added to your income and taxed at your slab, so the 9% headline is a pre-tax number. Here is the same bond seen from each slab, on ₹1,00,000 held for the remaining 5 mo.

Your tax slabPost-tax yield₹1,00,000 becomes
No tax (income under the exemption limit) 9.00% ₹1,03,821
5% slab 8.55% ₹1,03,634
20% slab 7.20% ₹1,03,072
30% slab 6.30% ₹1,02,694

At a 9% coupon, ₹1,00,000 of face value pays about ₹9,000 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 0.4 years, one in this bond and one in a tenure-matched SBI fixed deposit at 5.15%.

This bond at 9%₹1,03,821
Fixed deposit at 5.15%₹1,02,252
Difference+₹1,570

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.