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

Paisalo Dec ’28

No longer listed INE420C07163 Corporate AA Matures Dec 2028
Yield to Maturity (YTM)
10.5%
Annualised return if held to maturity · 8 Dec 2028
+3.8% vs bank FD
Coupon Rate
8.5%
Paid periodically
Maturity
8 Dec 2028
Principal returned
Tenure
2.4 yr
Remaining
Min. Invest
₹97K
Min. ticket
Return
₹26,390
Est. pre-tax

How this yield compares

This bondPaisalo Dec ’28
10.5%
Category avgCorporate
10.7%
Fixed Deposit2.4 yr tenure
6.65%

At 10.5% YTM, this bond yields about 3.8 percentage points more than a tenure-matched fixed deposit (6.65%) and sits below the Corporate average - reflecting the credit profile of a AA issuer.

About this bond

Paisalo Dec ’28 is a corporate bond issued by a company to raise debt from investors, currently offering a yield to maturity (YTM) of 10.5%. It pays a coupon of 8.5% and matures on 8 Dec 2028, a remaining tenure of about 2.4 yr. It is rated AA, a high credit-safety grade. BondScanner lists this bond with a minimum investment of ₹97K.

Its 10.5% yield is well above the market average, sitting 92nd of 175 comparable Corporate bonds. That lands just under the Corporate median of 10.75%. Against a tenure-matched SBI fixed deposit (6.65%), it pays roughly 3.85 points more - a large gap that only makes sense once you are comfortable with the issuer's credit. Its short 2.4 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 Paisalo (INE420C07189) at 10.25%, Muthoot Fincorp (INE549K08509) at 10.5% and Muthoot Fincorp (INE549K08590) at 10.5%.

Bond details

IssuerPaisalo Dec ’28
Credit RatingAA
CategoryCorporate
Coupon Rate8.5%
Yield to Maturity10.5%
Maturity Date8 Dec 2028
Listed onBondScanner
Minimum Investment₹97K
Return₹26,390
ISININE420C07163

What you keep after tax

Interest on a listed corporate bond is added to your income and taxed at your slab, so the 10.5% headline is a pre-tax number. Here is the same bond seen from each slab, on ₹1,00,000 held for the remaining 2.4 yr.

Your tax slabPost-tax yield₹1,00,000 becomes
No tax (income under the exemption limit) 10.50% ₹1,26,516
5% slab 9.97% ₹1,25,105
20% slab 8.40% ₹1,20,925
30% slab 7.35% ₹1,18,184

At a 8.5% coupon, ₹1,00,000 of face value pays about ₹8,500 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 2.4 years, one in this bond and one in a tenure-matched SBI fixed deposit at 6.65%.

This bond at 10.5%₹1,26,516
Fixed deposit at 6.65%₹1,16,808
Difference+₹9,708

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 10 payments still to come before 8 Dec 2028, each at the 8.5% 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.