It has matured, sold out, or been delisted from the platforms we track, last seen on 30 Jun 2026. The details below are kept as a record of the issue. Compare bonds available now →
IKF FINANCE LIMITED
How this yield compares
About this bond
IKF FINANCE LIMITED is a corporate bond issued by a company to raise debt from investors, currently offering a yield to maturity (YTM) of 9.15%. It pays a coupon of 9.95% and matures on 27 Mar 2027, a remaining tenure of about 8 mo. It is rated A+, an adequate credit-safety grade. GripInvest lists this bond with a minimum investment of ₹25K.
Its 9.15% yield is solid for its risk band, sitting 131st of 175 comparable Corporate bonds. That trails the Corporate median of 10.75% by 1.60 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 3.00 points more - a large gap that only makes sense once you are comfortable with the issuer's credit. Its short 8 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 IKF Finance (INE859C07253) at 9.2%, IKF Finance (INE859C07238) at 9% and Ugro (INE583D07661) at 11%.
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 9.15% headline is a pre-tax number. Here is the same bond seen from each slab, on ₹1,00,000 held for the remaining 8 mo.
| Your tax slab | Post-tax yield | ₹1,00,000 becomes |
|---|---|---|
| No tax (income under the exemption limit) | 9.15% | ₹1,05,881 |
| 5% slab | 8.69% | ₹1,05,591 |
| 20% slab | 7.32% | ₹1,04,719 |
| 30% slab | 6.41% | ₹1,04,135 |
At a 9.95% coupon, ₹1,00,000 of face value pays about ₹9,950 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 0.7 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.