Aye Finance
Aye Finance is a corporate bond issued by a company to raise debt from investors, currently offering a yield to maturity (YTM) of 9.5%.
Data as of 26 Oct 2026
How this yield compares
About this bond
Aye Finance is a corporate bond issued by a company to raise debt from investors, currently offering a yield to maturity (YTM) of 9.5%. It pays a coupon of 10.05% and matures on 12 Sept 2027, a remaining tenure of about 11 mo. It is rated A+, an adequate credit-safety grade. WintWealth lists this bond with a minimum investment of ₹1.0L.
Its 9.5% yield is solid for its risk band, sitting 207th of 315 comparable Corporate bonds. That trails the Corporate median of 10.40% by 0.90 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 3.35 points more - a large gap that only makes sense once you are comfortable with the issuer's credit. Its short 11 mo horizon locks the rate for only a few years, limiting reinvestment risk. Paired with its high safety (A+) 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 Aye Finance (INE501X07745) at 10.52%, U GRO Capital (INE583D08081) at 12.45% and U GRO Capital (INE583D07687) at 11.25%.
About Aye Finance
Aye Finance Limited lends to micro and small enterprises in semi-urban India, typically businesses turning over between Rs 10 lakh and Rs 1 crore a year. It began operations in FY2014 under founder Sanjay Sharma and is headquartered in Gurugram, Haryana. As of 30 June 2025 it operated 527 branches across 21 states and union territories, and it is backed by private equity investors including CapitalG (Google), Falcon Edge and British International Investment.
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 9.5% headline is a pre-tax number. Here is the same bond seen from each slab, on ₹1,00,000 held for the remaining 11 mo.
| Your tax slab | Post-tax yield | ₹1,00,000 becomes |
|---|---|---|
| No tax (income under the exemption limit) | 9.50% | ₹1,08,301 |
| 5% slab | 9.03% | ₹1,07,888 |
| 20% slab | 7.60% | ₹1,06,648 |
| 30% slab | 6.65% | ₹1,05,820 |
At a 10.05% coupon, ₹1,00,000 of face value pays about ₹10,050 of interest a year. That is over the ₹10,000 Section 193 threshold, so roughly ₹1,005 a year is withheld as TDS - adjustable against your final liability, not an extra tax.
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 0.9 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 A+ credit risk is the reason for the gap.
When you get paid
Interest lands every month, with about 12 payments still to come before 12 Sept 2027, each at the 10.05% 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 WintWealth before investing.
