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

MAS Financial Services Jun ’28

No longer listed INE348L07381 Corporate AA- Matures Jun 2028 Quarterly payout On BondScanner

MAS Financial Services Jun ’28 is a corporate bond issued by a company to raise debt from investors, was last listed at a yield to maturity (YTM) of 9.1%.

Data as of 6 Oct 2026

Yield to Maturity (YTM)
9.1%
Annualised return if held to maturity · 24 Jun 2028
+2.6% vs bank FD
Coupon Rate
8.7%
Paid periodically
Maturity
24 Jun 2028
Principal returned
Tenure
1.7 yr
Remaining
Min. Invest
₹1.0L
Min. ticket
Return
₹16,138
Est. pre-tax

How this yield compares

This bondMAS Financial Services Jun ’28
9.1%
Category avgCorporate
10.5%
Fixed Deposit1.7 yr tenure
6.50%

At 9.1% YTM, this bond yields about 2.6 percentage points more than a tenure-matched fixed deposit (6.50%) and sits below the Corporate average - reflecting the credit profile of a AA- issuer.

About this bond

MAS Financial Services Jun ’28 is a corporate bond issued by a company to raise debt from investors, currently offering a yield to maturity (YTM) of 9.1%. It pays a coupon of 8.7% and matures on 24 Jun 2028, a remaining tenure of about 1.7 yr. It is rated AA-, a high credit-safety grade. BondScanner lists this bond with a minimum investment of ₹1.0L.

Its 9.1% yield is solid for its risk band, sitting 239th of 319 comparable Corporate bonds. That trails the Corporate median of 10.50% by 1.40 points, so the trade-off is lower yield for whatever else this issuer offers. A comparable SBI fixed deposit yields about 6.50%, so this bond adds roughly 2.60 points for taking on credit risk. Its short 1.7 yr 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 MAS Financial Services (INE348L07423) at 9.21%, MAS Financial Services (INE348L07332) at 8.6% and IIFL Samasta (INE413U08093) at 11.5%.

Bond details

Credit RatingAA-
CategoryCorporate
Coupon Rate8.7%
Yield to Maturity9.1%
Maturity Date24 Jun 2028
Listed onBondScanner
Minimum Investment₹1.0L
Return₹16,138
ISININE348L07381

What you keep after tax

Interest on a listed corporate bond is added to your income and taxed at your slab, so the 9.1% 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) 9.10% ₹1,15,737
5% slab 8.64% ₹1,14,928
20% slab 7.28% ₹1,12,516
30% slab 6.37% ₹1,10,919

At a 8.7% coupon, ₹1,00,000 of face value pays about ₹8,700 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 1.7 years, one in this bond and one in a tenure-matched SBI fixed deposit at 6.50%.

This bond at 9.1%₹1,15,737
Fixed deposit at 6.50%₹1,11,427
Difference+₹4,310

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 Mar, Jun, Sep, Dec, with about 7 payments still to come before 24 Jun 2028, each at the 8.7% 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 BondScanner before investing.