It has matured, sold out, or been delisted from the platforms we track, last seen on 9 Jul 2026. The details below are kept as a record of the issue. Compare bonds available now →
IIFL SAMASTA FINANCE LIMITED
How this yield compares
About this bond
IIFL SAMASTA FINANCE LIMITED is a corporate bond issued by a company to raise debt from investors, currently offering a yield to maturity (YTM) of 10.25%. It pays a coupon of 9.5% and matures on 22 Apr 2027, a remaining tenure of about 9 mo. It is rated AA-, a high credit-safety grade. GripInvest lists this bond with a minimum investment of ₹100K.
Its 10.25% yield is well above the market average, sitting 109th of 175 comparable Corporate bonds. That trails the Corporate median of 10.75% by 0.50 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 4.10 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 IIFL SAMASTA FINANCE (INE413U07442) at 10.65%, IIFL Samasta (INE413U08093) at 11.5% and Asirvad Micro Finance (INE516Q08497) at 10.55%.
Bond details
What you keep after tax
Interest on a listed corporate bond is added to your income and taxed at your slab, so the 10.25% 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 slab | Post-tax yield | ₹1,00,000 becomes |
|---|---|---|
| No tax (income under the exemption limit) | 10.25% | ₹1,07,319 |
| 5% slab | 9.74% | ₹1,06,958 |
| 20% slab | 8.20% | ₹1,05,871 |
| 30% slab | 7.17% | ₹1,05,144 |
At a 9.5% coupon, ₹1,00,000 of face value pays about ₹9,500 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 0.7 years, one in this bond and one in a tenure-matched SBI fixed deposit at 6.15%.
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.