NHAI Tax-Free 8.30% 2027
National Highways Authority of India
ISIN: INE134E07CJ1 · NSE/BSE
CRISIL/ICRA
Coupon Rate
8.3%
Annual
Yield (YTM)
5.98%
Yield to Maturity
Current Price
₹1,285.0
Face ₹1,000
Maturity Date
25 Jan 2027
0-1 yr
Updated: 13 Jul 2026 05:00 IST
TopFund Analysis
This bond yields 5.98% to maturity. AAA is the highest domestic credit rating a corporate/PSU bond can carry, indicating the lowest relative default risk in that category for National Highways Authority of India — though "lowest relative risk" isn't "zero risk," especially over its remaining 0.3 years. On a face value of ₹1000, the 8.3% coupon works out to roughly ₹83.0 a year, paid annually — before any tax on that income. As a tax-free bond, the coupon income itself is exempt from income tax under Section 10(15) — that's the main reason its headline coupon rate is usually lower than a comparable taxable bond; compare post-tax yields, not just the sticker rate, when weighing this against a taxable alternative.
Annual Income Estimator
Annual Interest Income
—
Tax-Free Income
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* Based on coupon rate of 8.3%. Actual returns may vary based on purchase price.
Bond Details
ISIN
INE134E07CJ1
Issuer
National Highways Authority of India
Bond Type
Tax-Free
Face Value
₹1,000
Issue Date
25 Jan 2012
Maturity Date
25 Jan 2027
Coupon Rate
8.3% p.a.
Payment Frequency
Annual
Exchange
NSE/BSE
Min Investment
₹5,000
Credit Rating
AAA (CRISIL/ICRA)
Tax Status
Tax-Free
Secured
Yes
Status
Active
About this Bond
Interest fully exempt from income tax under Section 10(15)(iv)(h). Ideal for investors in the 30% tax bracket.
More Tax-Free Bonds
Frequently Asked Questions about NHAI Tax-Free 8.30% 2027
NHAI Tax-Free 8.30% 2027 has a yield to maturity (YTM) of 5.98%, with a coupon rate of 8.3% p.a., maturing January 2027.
NHAI Tax-Free 8.30% 2027 is rated AAA by CRISIL/ICRA, issued by National Highways Authority of India.
The minimum investment for NHAI Tax-Free 8.30% 2027 is ₹5,000. Interest earned is tax-free under Section 10(15)(iv)(h).
NHAI Tax-Free 8.30% 2027 pays interest annual, at a coupon rate of 8.3% per annum on the face value of ₹1,000.
NHAI Tax-Free 8.30% 2027 is a secured bond rated AAA by CRISIL/ICRA, the highest safety rating. Secured bonds are backed by specific collateral, reducing default risk relative to unsecured debt. 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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