This bond is no longer available. It has matured, sold out, or been delisted from the platforms we track, last seen on 7 Sept 2026. The details below are kept as a record of the issue. Compare bonds available now →
Tata Capital May ’29
Tata Capital May ’29 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 7 Sept 2026
How this yield compares
About this bond
Tata Capital May ’29 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 9.18% and matures on 10 May 2029, a remaining tenure of about 2.6 yr. It is rated AAA, the highest credit-safety grade. BondScanner lists this bond with a minimum investment of ₹10.7L.
Its 7.5% yield is on the conservative side, toward the lower end at 316th of 319 Corporate bonds. That trails the Corporate median of 10.50% by 3.00 points, so the trade-off is lower yield for whatever else this issuer offers. It yields only about 0.85 points over a comparable SBI fixed deposit (6.65%), so weigh the extra credit risk carefully. Its short 2.6 yr 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 TATA CAPITAL (INE976I07DH2) at 7.8%, Aditya Birla Capital (INE674K08083) at 8.1% 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 2.6 yr.
| Your tax slab | Post-tax yield | ₹1,00,000 becomes |
|---|---|---|
| No tax (income under the exemption limit) | 7.50% | ₹1,20,288 |
| 5% slab | 7.13% | ₹1,19,219 |
| 20% slab | 6.00% | ₹1,16,047 |
| 30% slab | 5.25% | ₹1,13,962 |
At a 9.18% coupon, ₹1,00,000 of face value pays about ₹9,180 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 2.6 years, one in this bond and one in a tenure-matched SBI fixed deposit at 6.65%.
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.
When you get paid
Interest lands once a year, in May, with about 3 payments still to come before 10 May 2029, each at the 9.18% 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.
