Indian Oil Corp 7.40% 2031
Indian Oil Corporation
ISIN: INE115A07LM5 · NSE/BSE
CRISIL/ICRA
Coupon Rate
7.4%
Annual
Yield (YTM)
7.35%
Yield to Maturity
Current Price
₹1,003.3
Face ₹1,000
Maturity Date
20 Sep 2031
3-5 yrs
Updated: 13 Jul 2026 05:00 IST
TopFund Analysis
At 7.35% yield to maturity, this bond is roughly in line with the 11 other PSU bonds in the 3-5 yrs maturity bracket, which average 7.36%. AAA is the highest domestic credit rating a corporate/PSU bond can carry, indicating the lowest relative default risk in that category for Indian Oil Corporation — though "lowest relative risk" isn't "zero risk," especially over its remaining 5.0 years. On a face value of ₹1000, the 7.4% coupon works out to roughly ₹74.0 a year, paid annually — before any tax on that income.
Annual Income Estimator
Annual Interest Income
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Post-Tax (30% slab)
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* Based on coupon rate of 7.4%. Actual returns may vary based on purchase price.
Bond Details
ISIN
INE115A07LM5
Issuer
Indian Oil Corporation
Bond Type
PSU
Face Value
₹1,000
Issue Date
20 Sep 2024
Maturity Date
20 Sep 2031
Coupon Rate
7.4% p.a.
Payment Frequency
Annual
Exchange
NSE/BSE
Min Investment
₹10,000
Credit Rating
AAA (CRISIL/ICRA)
Tax Status
Taxable
Secured
No
Status
Active
About this Bond
Indian Oil Corp 7.40% 2031 is a PSU bond issued by Indian Oil Corporation. It carries a coupon rate of 7.4% per annum, paid annually, matures on 20 September 2031. It carries an AAA credit rating from CRISIL/ICRA. This is a unsecured bond, and the interest is taxable.
More PSU Bonds
Frequently Asked Questions about Indian Oil Corp 7.40% 2031
Indian Oil Corp 7.40% 2031 has a yield to maturity (YTM) of 7.35%, with a coupon rate of 7.4% p.a., maturing September 2031.
Indian Oil Corp 7.40% 2031 is rated AAA by CRISIL/ICRA, issued by Indian Oil Corporation.
The minimum investment for Indian Oil Corp 7.40% 2031 is ₹10,000. Interest earned is taxable at your income slab rate.
Indian Oil Corp 7.40% 2031 pays interest annual, at a coupon rate of 7.4% per annum on the face value of ₹1,000.
Indian Oil Corp 7.40% 2031 is an unsecured bond rated AAA by CRISIL/ICRA, the highest safety rating. Unsecured bonds rely on the issuer's general creditworthiness rather than pledged collateral. Credit ratings can change over the bond's tenure — always check the latest rating before investing.
Bond data is for informational purposes only. Prices and yields are indicative. TopFund is not SEBI-registered. Consult a registered advisor before investing.
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