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

Paisalo

No longer listed INE420C07189 Corporate AA Matures Sept 2028
Yield to Maturity (YTM)
10.25%
Annualised return if held to maturity · 18 Sept 2028
+3.6% vs bank FD
Coupon Rate
9.25%
Paid periodically
Maturity
18 Sept 2028
Principal returned
Tenure
2.1 yr
Remaining
Min. Invest
₹10K
Min. ticket
Return
₹2,281
Est. pre-tax

How this yield compares

This bondPaisalo
10.25%
Category avgCorporate
10.6%
Fixed Deposit2.1 yr tenure
6.65%

At 10.25% YTM, this bond yields about 3.6 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 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 9.25% and matures on 18 Sept 2028, a remaining tenure of about 2.1 yr. It is rated AA, a high credit-safety grade. GripInvest lists this bond with a minimum investment of ₹10K.

Its 10.25% yield is well above the market average, sitting 109th of 180 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 (6.65%), it pays roughly 3.60 points more - a large gap that only makes sense once you are comfortable with the issuer's credit. Its short 2.1 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 Muthoot Fincorp (INE549K08509) at 10.5%, Muthoot Fincorp (INE549K08590) at 10.5% and Muthoot Fincorp (INE549K08632) at 10.4%.

Bond details

IssuerPaisalo
Credit RatingAA
CategoryCorporate
Coupon Rate9.25%
Yield to Maturity10.25%
Maturity Date18 Sept 2028
Listed onGripInvest
Minimum Investment₹10K
Return₹2,281
ISININE420C07189

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 2.1 yr.

Your tax slabPost-tax yield₹1,00,000 becomes
No tax (income under the exemption limit) 10.25% ₹1,22,997
5% slab 9.74% ₹1,21,787
20% slab 8.20% ₹1,18,196
30% slab 7.17% ₹1,15,834

At a 9.25% coupon, ₹1,00,000 of face value pays about ₹9,250 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 2.1 years, one in this bond and one in a tenure-matched SBI fixed deposit at 6.65%.

This bond at 10.25%₹1,22,997
Fixed deposit at 6.65%₹1,15,016
Difference+₹7,981

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.