FINKURVE FINANCIAL
How this yield compares
About this bond
FINKURVE FINANCIAL is a corporate bond issued by a company to raise debt from investors, currently offering a yield to maturity (YTM) of 12%. It pays a coupon of 11.33% and matures on 16 Jun 2028, a remaining tenure of about 1.9 yr. It is rated BBB+, a moderate credit-safety grade. GoldenPi lists this bond with a minimum investment of ₹30K.
Its 12% yield is well above the market average, placing it 32nd of the 165 Corporate bonds on RightBonds - firmly in the top tier. That is 1.25 percentage points above the Corporate median of 10.75% - a clear yield premium over the typical peer. Against a tenure-matched SBI fixed deposit (6.50%), it pays roughly 5.50 points more - a large gap that only makes sense once you are comfortable with the issuer's credit. Its short 1.9 yr horizon locks the rate for only a few years, limiting reinvestment risk. Paired with its moderate safety (BBB+) rating, that is a higher-yield, higher-risk profile. Compare it against similar bonds on RightBonds before investing.
Investors comparing this bond often also look at Keertana Finserv (INE0NES07303) at 13.9%, Keertana Finserv (INE0NES07329) at 13.55% and Dvara Kshetriya (INE179P07621) at 13.5%.
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 12% headline is a pre-tax number. Here is the same bond seen from each slab, on ₹1,00,000 held for the remaining 1.9 yr.
| Your tax slab | Post-tax yield | ₹1,00,000 becomes |
|---|---|---|
| No tax (income under the exemption limit) | 12.00% | ₹1,23,577 |
| 5% slab | 11.40% | ₹1,22,343 |
| 20% slab | 9.60% | ₹1,18,676 |
| 30% slab | 8.40% | ₹1,16,261 |
At a 11.33% coupon, ₹1,00,000 of face value pays about ₹11,330 of interest a year. That is over the ₹10,000 Section 193 threshold, so roughly ₹1,133 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 1.9 years, one in this bond and one in a tenure-matched SBI fixed deposit at 6.50%.
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 BBB+ credit risk is the reason for the gap.