This bond is no longer available. It has matured, sold out, or been delisted from the platforms we track, last seen on 1 Jul 2026. The details below are kept as a record of the issue. Compare bonds available now →
Mahindra Finance
Mahindra Finance is a corporate bond issued by a company to raise debt from investors, was last listed at a yield to maturity (YTM) of 7.5%.
Data as of 1 Jul 2026
How this yield compares
About this bond
Mahindra Finance is a corporate bond issued by a company to raise debt from investors, currently offering a yield to maturity (YTM) of 7.5%. It pays a coupon of 9.3% and matures on 18 Jan 2027, a remaining tenure of about 3 mo. It is rated AAA, the highest credit-safety grade. GripInvest lists this bond with a minimum investment of ₹1K.
Its 7.5% yield is on the conservative side, toward the lower end at 310th of 315 Corporate bonds. That trails the Corporate median of 10.40% by 2.90 points, so the trade-off is lower yield for whatever else this issuer offers. A comparable SBI fixed deposit yields about 5.15%, so this bond adds roughly 2.35 points for taking on credit risk. Its short 3 mo horizon locks the rate for only a few years, limiting reinvestment risk. Paired with its highest safety (AAA) 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 Aditya Birla Capital (INE674K08083) at 8.1%, Bajaj Finance (INE296A07UC7) at 8% and Jio Credit (INE282H07125) at 8%.
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 7.5% headline is a pre-tax number. Here is the same bond seen from each slab, on ₹1,00,000 held for the remaining 3 mo.
| Your tax slab | Post-tax yield | ₹1,00,000 becomes |
|---|---|---|
| No tax (income under the exemption limit) | 7.50% | ₹1,01,676 |
| 5% slab | 7.13% | ₹1,01,594 |
| 20% slab | 6.00% | ₹1,01,348 |
| 30% slab | 5.25% | ₹1,01,183 |
At a 9.3% coupon, ₹1,00,000 of face value pays about ₹9,300 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 0.2 years, one in this bond and one in a tenure-matched SBI fixed deposit at 5.15%.
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 AAA credit risk is the reason for the gap.
