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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 1 Oct 2026. The details below are kept as a record of the issue. Compare bonds available now →

Muthoot Capital Services Ltd

No longer listed INE296G07291 Corporate AA- Matures Jul 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 9.25%.

Data as of 1 Oct 2026

Yield to Maturity (YTM)
9.25%
Annualised return if held to maturity · 23 Jul 2027
+3.1% vs bank FD
Coupon Rate
9.25%
Paid periodically
Maturity
23 Jul 2027
Principal returned
Tenure
9 mo
Remaining
Min. Invest
₹1.0L
Min. ticket
Return
₹7,476
Est. pre-tax

How this yield compares

This bondMuthoot Capital Services Ltd
9.25%
Category avgCorporate
10.5%
Fixed Deposit9 mo tenure
6.15%

At 9.25% YTM, this bond yields about 3.1 percentage points more than a tenure-matched fixed deposit (6.15%) and sits below the Corporate average - reflecting the credit profile of a AA- 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 9.25%. It pays a coupon of 9.25% and matures on 23 Jul 2027, a remaining tenure of about 9 mo. It is rated AA-, a high credit-safety grade. Jiraaf lists this bond with a minimum investment of ₹1.0L.

Its 9.25% yield is solid for its risk band, sitting 228th of 319 comparable Corporate bonds. That trails the Corporate median of 10.50% by 1.25 points, so the trade-off is lower yield for whatever else this issuer offers. Against a tenure-matched SBI fixed deposit (6.15%), it pays roughly 3.10 points more - a large gap that only makes sense once you are comfortable with the issuer's credit. Its short 9 mo horizon locks the rate for only a few years, limiting reinvestment risk. Paired with its very high safety (AA-) 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%, IIFL Samasta (INE413U08093) at 11.5% and IIFL Samasta (INE413U07426) at 11%.

Bond details

Credit RatingAA-
CategoryCorporate
Coupon Rate9.25%
Yield to Maturity9.25%
Maturity Date23 Jul 2027
Listed onJiraaf
Minimum Investment₹1.0L
Return₹7,476
ISININE296G07291

What you keep after tax

Interest on a listed corporate bond is added to your income and taxed at your slab, so the 9.25% headline is a pre-tax number. Here is the same bond seen from each slab, on ₹1,00,000 held for the remaining 9 mo.

Your tax slabPost-tax yield₹1,00,000 becomes
No tax (income under the exemption limit) 9.25% ₹1,06,911
5% slab 8.79% ₹1,06,569
20% slab 7.40% ₹1,05,541
30% slab 6.47% ₹1,04,854

At a 9.25% coupon, ₹1,00,000 of face value pays about ₹9,250 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 0.8 years, one in this bond and one in a tenure-matched SBI fixed deposit at 6.15%.

This bond at 9.25%₹1,06,911
Fixed deposit at 6.15%₹1,04,718
Difference+₹2,193

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 AA- credit risk is the reason for the gap.