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

InCred Finance

No longer listed INE321N07434 Corporate AA- Matures Aug 2026
Yield to Maturity (YTM)
7%
Annualised return if held to maturity · 21 Aug 2026
+3.7% vs bank FD
Coupon Rate
9.9%
Paid periodically
Maturity
21 Aug 2026
Principal returned
Tenure
1 mo
Remaining
Min. Invest
₹1.0L
Min. ticket
Return
₹847
Est. pre-tax

How this yield compares

This bondInCred Finance
7%
Category avgCorporate
10.7%
Fixed Deposit1 mo tenure
3.30%

At 7% YTM, this bond yields about 3.7 percentage points more than a tenure-matched fixed deposit (3.30%) and sits below the Corporate average - reflecting the credit profile of a AA- issuer.

About this bond

InCred Finance is a corporate bond issued by a company to raise debt from investors, currently offering a yield to maturity (YTM) of 7%. It pays a coupon of 9.9% and matures on 21 Aug 2026, a remaining tenure of about 1 mo. It is rated AA-, a high credit-safety grade. WintWealth lists this bond with a minimum investment of ₹1.0L.

Its 7% 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 3.75 points, so the trade-off is lower yield for whatever else this issuer offers. Against a tenure-matched SBI fixed deposit (3.30%), it pays roughly 3.70 points more - a large gap that only makes sense once you are comfortable with the issuer's credit. Its short 1 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 InCred Finance (INE321N07632) at 9.25%, IIFL Samasta (INE413U08093) at 11.5% and IIFL SAMASTA FINANCE (INE413U07442) at 10.65%.

Bond details

IssuerInCred Finance
Credit RatingAA-
CategoryCorporate
Coupon Rate9.9%
Yield to Maturity7%
Maturity Date21 Aug 2026
Listed onWintWealth
Minimum Investment₹1.0L
Return₹847
ISININE321N07434

What you keep after tax

Interest on a listed corporate bond is added to your income and taxed at your slab, so the 7% headline is a pre-tax number. Here is the same bond seen from each slab, on ₹1,00,000 held for the remaining 1 mo.

Your tax slabPost-tax yield₹1,00,000 becomes
No tax (income under the exemption limit) 7.00% ₹1,00,379
5% slab 6.65% ₹1,00,360
20% slab 5.60% ₹1,00,305
30% slab 4.90% ₹1,00,268

At a 9.9% coupon, ₹1,00,000 of face value pays about ₹9,900 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 0.1 years, one in this bond and one in a tenure-matched SBI fixed deposit at 3.30%.

This bond at 7%₹1,00,379
Fixed deposit at 3.30%₹1,00,184
Difference+₹195

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.

When you get paid

Interest lands 4 times a year, in Feb, May, Aug, Nov, with about 1 payment still to come before 21 Aug 2026, each at the 9.9% 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.