RightBonds Fixed Income, Simplified

Navi Finserv

INE342T07684 Corporate A Matures May 2028

Navi Finserv is a corporate bond issued by a company to raise debt from investors, currently offering a yield to maturity (YTM) of 10.85%.

Data as of 11 Sept 2026

Yield to Maturity (YTM)
10.85%
Annualised return if held to maturity · 31 May 2028
+4.3% vs bank FD
Coupon Rate
10.3%
Paid periodically
Maturity
31 May 2028
Principal returned
Tenure
1.7 yr
Remaining
Min. Invest
₹10K
Min. ticket
Return
₹1,925
Est. pre-tax

How this yield compares

This bondNavi Finserv
10.85%
Category avgCorporate
10.3%
Fixed Deposit1.7 yr tenure
6.50%

At 10.85% YTM, this bond yields about 4.3 percentage points more than a tenure-matched fixed deposit (6.50%) and sits above the Corporate average - reflecting the credit profile of a A issuer.

About this bond

Navi Finserv is a corporate bond issued by a company to raise debt from investors, currently offering a yield to maturity (YTM) of 10.85%. It pays a coupon of 10.3% and matures on 31 May 2028, a remaining tenure of about 1.7 yr. It is rated A, an adequate credit-safety grade. WintWealth lists this bond with a minimum investment of ₹10K.

Its 10.85% yield is well above the market average, ranking 106th of 265 Corporate bonds we list. That edges 0.35 points past the Corporate median of 10.50%. Against a tenure-matched SBI fixed deposit (6.50%), it pays roughly 4.35 points more - a large gap that only makes sense once you are comfortable with the issuer's credit. Its short 1.7 yr 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 Navi Finserv (INE342T07643) at 11%, Navi Finserv (INE342T07718) at 10.85% and Navi Finserv (INE342T07635) at 10.75%.

About Navi Finserv

Navi Finserv Limited is a non-deposit-taking, systemically important NBFC registered with the Reserve Bank of India since March 2016. It is a wholly owned subsidiary of Navi Limited, the financial services group founded by Sachin Bansal and Ankit Agarwal in 2018, and is headquartered in Bengaluru. It is primarily a digital lender: personal loans make up roughly 87% of its assets under management and home loans the remaining 13%, serving a largely urban, middle-income customer base.

AUMRs 14,094 crore
Gross NPA2.53%
Capital adequacy30.54%
Net profitRs 222 crore

Figures as of FY25 (31 Mar 2025). Rated by CRISIL. Source: rating rationale. All Navi Finserv bonds.

Bond details

Credit RatingA
CategoryCorporate
Coupon Rate10.3%
Yield to Maturity10.85%
Maturity Date31 May 2028
Listed onWintWealth
Minimum Investment₹10K
Face Value₹10,000
Principal RepaidAt maturity
Return₹1,925
ISININE342T07684

What you keep after tax

Interest on a listed corporate bond is added to your income and taxed at your slab, so the 10.85% headline is a pre-tax number. Here is the same bond seen from each slab, on ₹1,00,000 held for the remaining 1.7 yr.

Your tax slabPost-tax yield₹1,00,000 becomes
No tax (income under the exemption limit) 10.85% ₹1,19,366
5% slab 10.31% ₹1,18,363
20% slab 8.68% ₹1,15,378
30% slab 7.59% ₹1,13,406

At a 10.3% coupon, ₹1,00,000 of face value pays about ₹10,300 of interest a year. That is over the ₹10,000 Section 193 threshold, so roughly ₹1,030 a year is withheld as TDS - adjustable against your final liability, not an extra tax.

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 1.7 years, one in this bond and one in a tenure-matched SBI fixed deposit at 6.50%.

This bond at 10.85%₹1,19,366
Fixed deposit at 6.50%₹1,11,718
Difference+₹7,648

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.

When you get paid

Interest lands every month, with about 21 payments still to come before 31 May 2028, each at the 10.3% 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.