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

MAS Financial Services Limited

No longer listed INE348L07308 Corporate AA- Matures Oct 2026
Yield to Maturity (YTM)
8.25%
Annualised return if held to maturity · 2 Oct 2026
+3.1% vs bank FD
Coupon Rate
8.25%
Paid periodically
Maturity
2 Oct 2026
Principal returned
Tenure
2 mo
Remaining
Min. Invest
₹100K
Min. ticket
Return
₹1,981
Est. pre-tax

How this yield compares

This bondMAS Financial Services Limited
8.25%
Category avgCorporate
10.7%
Fixed Deposit2 mo tenure
5.15%

At 8.25% YTM, this bond yields about 3.1 percentage points more than a tenure-matched fixed deposit (5.15%) and sits below the Corporate average - reflecting the credit profile of a AA- issuer.

About this bond

MAS Financial Services Limited is a corporate bond issued by a company to raise debt from investors, currently offering a yield to maturity (YTM) of 8.25%. It pays a coupon of 8.25% and matures on 2 Oct 2026, a remaining tenure of about 2 mo. It is rated AA-, a high credit-safety grade. Jiraaf lists this bond with a minimum investment of ₹100K.

Its 8.25% yield is solid for its risk band, toward the lower end at 161st of 175 Corporate bonds. That trails the Corporate median of 10.75% by 2.50 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 3.10 points more - a large gap that only makes sense once you are comfortable with the issuer's credit. Its short 2 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 IIFL Samasta (INE413U08093) at 11.5%, IIFL SAMASTA FINANCE (INE413U07442) at 10.65% and Asirvad Micro Finance (INE516Q08497) at 10.55%.

Bond details

IssuerMAS Financial Services Limited
Credit RatingAA-
CategoryCorporate
Coupon Rate8.25%
Yield to Maturity8.25%
Maturity Date2 Oct 2026
Listed onJiraaf
Minimum Investment₹100K
Return₹1,981
ISININE348L07308

What you keep after tax

Interest on a listed corporate bond is added to your income and taxed at your slab, so the 8.25% headline is a pre-tax number. Here is the same bond seen from each slab, on ₹1,00,000 held for the remaining 2 mo.

Your tax slabPost-tax yield₹1,00,000 becomes
No tax (income under the exemption limit) 8.25% ₹1,01,364
5% slab 7.84% ₹1,01,297
20% slab 6.60% ₹1,01,098
30% slab 5.77% ₹1,00,964

At a 8.25% coupon, ₹1,00,000 of face value pays about ₹8,250 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 0.2 years, one in this bond and one in a tenure-matched SBI fixed deposit at 5.15%.

This bond at 8.25%₹1,01,364
Fixed deposit at 5.15%₹1,00,878
Difference+₹485

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.