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This bond is no longer available. It has matured, sold out, or been delisted from the platforms we track, last seen on 14 Oct 2026. The details below are kept as a record of the issue. Compare bonds available now →

Hero Fincorp

No longer listed INE957N08201 Corporate AA+ Matures Jan 2036 Annual payout On Wint Wealth

Hero Fincorp is a corporate bond issued by a company to raise debt from investors, was last listed at a yield to maturity (YTM) of 8.35%.

Data as of 14 Oct 2026

Yield to Maturity (YTM)
8.35%
Annualised return if held to maturity · 18 Jan 2036
+1.8% vs bank FD
Coupon Rate
9.1%
Paid periodically
Maturity
18 Jan 2036
Principal returned
Tenure
9.2 yr
Remaining
Min. Invest
₹1.1L
Min. ticket
Return
₹1,24,322
Est. pre-tax

How this yield compares

This bondHero Fincorp
8.35%
Category avgCorporate
10.4%
Fixed Deposit9.2 yr tenure
6.55%

At 8.35% YTM, this bond yields about 1.8 percentage points more than a tenure-matched fixed deposit (6.55%) and sits below the Corporate average - reflecting the credit profile of a AA+ issuer.

About this bond

Hero Fincorp is a corporate bond issued by a company to raise debt from investors, currently offering a yield to maturity (YTM) of 8.35%. It pays a coupon of 9.1% and matures on 18 Jan 2036, a remaining tenure of about 9.2 yr. It is rated AA+, a very high credit-safety grade. WintWealth lists this bond with a minimum investment of ₹1.1L.

Its 8.35% yield is solid for its risk band, toward the lower end at 278th of 315 Corporate bonds. That trails the Corporate median of 10.40% by 2.05 points, so the trade-off is lower yield for whatever else this issuer offers. A comparable SBI fixed deposit yields about 6.55%, so this bond adds roughly 1.80 points for taking on credit risk. Its long 9.2 yr horizon locks in today's yield well into the future - useful if rates fall, a drag if they rise. 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 Hero Fincorp (INE957N08045) at 8%, Capri Global Capital (INE180C08013) at 10.1% and Capri Global Capital (INE180C07304) at 9.3%.

Bond details

Credit RatingAA+
CategoryCorporate
Coupon Rate9.1%
Yield to Maturity8.35%
Maturity Date18 Jan 2036
Listed onWintWealth
Minimum Investment₹1.1L
Return₹1,24,322
ISININE957N08201

What you keep after tax

Interest on a listed corporate bond is added to your income and taxed at your slab, so the 8.35% headline is a pre-tax number. Here is the same bond seen from each slab, on ₹1,00,000 held for the remaining 9.2 yr.

Your tax slabPost-tax yield₹1,00,000 becomes
No tax (income under the exemption limit) 8.35% ₹2,09,624
5% slab 7.93% ₹2,02,286
20% slab 6.68% ₹1,81,627
30% slab 5.84% ₹1,68,922

At a 9.1% coupon, ₹1,00,000 of face value pays about ₹9,100 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 9.2 years, one in this bond and one in a tenure-matched SBI fixed deposit at 6.55%.

This bond at 8.35%₹2,09,624
Fixed deposit at 6.55%₹1,82,141
Difference+₹27,483

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 once a year, in Nov, with about 10 payments still to come before 18 Jan 2036, each at the 9.1% 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 WintWealth before investing.