IIFL Finance Jun ’32
IIFL Finance Jun ’32 is a corporate bond issued by a company to raise debt from investors, currently offering a yield to maturity (YTM) of 9.7%.
Data as of 11 Sept 2026
How this yield compares
About this bond
IIFL Finance Jun ’32 is a corporate bond issued by a company to raise debt from investors, currently offering a yield to maturity (YTM) of 9.7%. It pays a coupon of 9.25% and matures on 24 Jun 2032, a remaining tenure of about 5.8 yr. It is rated AA, a high credit-safety grade. BondScanner lists this bond with a minimum investment of ₹2.0L.
Its 9.7% yield is solid for its risk band, sitting 173rd of 265 comparable Corporate bonds. That trails the Corporate median of 10.50% by 0.80 points, so the trade-off is lower yield for whatever else this issuer offers. Against a tenure-matched SBI fixed deposit (6.55%), it pays roughly 3.15 points more - a large gap that only makes sense once you are comfortable with the issuer's credit. Its medium 5.8 yr horizon balances rate lock-in against flexibility. 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 Finance (INE530B07658) at 9%, IIFL FINANCE (INE530B07617) at 8.85% and IIFL FINANCE (INE530B07476) at 8.75%.
About IIFL Finance
IIFL Finance Limited is a non-banking financial company with its registered office in Mumbai, rated on a consolidated basis together with subsidiaries including IIFL Home Finance and IIFL Samasta Finance. Its book is almost entirely retail, at 99% of assets under management, and is spread across home loans (38%), gold loans (32%), microfinance (11%), secured business loans (11%), unsecured business loans (6%), and developer and construction finance and capital market lending (1% each) as on June 30, 2025, served through 4,872 branches in 28 states. The RBI barred gold loan disbursements in March 2024 and lifted the embargo that September; gold AUM fell from Rs 26,081 crore on March 4, 2024 to Rs 10,194 crore by September 19, 2024 before recovering. IIFL Finance reported a net loss at a standalone level in FY2025, and ICRA revised the outlook to Negative in September 2025 citing elevated asset quality stress and weak consolidated profitability.
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 9.7% headline is a pre-tax number. Here is the same bond seen from each slab, on ₹1,00,000 held for the remaining 5.8 yr.
| Your tax slab | Post-tax yield | ₹1,00,000 becomes |
|---|---|---|
| No tax (income under the exemption limit) | 9.70% | ₹1,70,830 |
| 5% slab | 9.21% | ₹1,66,507 |
| 20% slab | 7.76% | ₹1,54,078 |
| 30% slab | 6.79% | ₹1,46,227 |
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 5.8 years, one in this bond and one in a tenure-matched SBI fixed deposit at 6.55%.
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 every month, with about 70 payments still to come before 24 Jun 2032, each at the 9.25% 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.