Shriram Finance 9.40% 2029
Shriram Finance Limited
ISIN: INE296A07ON3 · NSE/BSE
CRISIL/ICRA
Coupon Rate
9.4%
Monthly
Yield (YTM)
9.05%
Yield to Maturity
Current Price
₹1,020.8
Face ₹1,000
Maturity Date
20 Sep 2029
1-3 yrs
Updated: 13 Jul 2026 05:00 IST
TopFund Analysis
At 9.05% yield to maturity, this bond pays 0.96pp more than the 11 other Corporate bonds in the 1-3 yrs bracket (average 8.09%) — a higher yield within the same maturity/type bucket usually reflects a real difference in credit or liquidity risk, not a free lunch. A AA+ rating from Shriram Finance Limited sits just below AAA — generally considered high credit quality, with marginally more default risk than a AAA-rated instrument over its remaining 3.0 years. On a face value of ₹1000, the 9.4% coupon works out to roughly ₹94.0 a year, paid monthly — 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 9.4%. Actual returns may vary based on purchase price.
Bond Details
ISIN
INE296A07ON3
Issuer
Shriram Finance Limited
Bond Type
Corporate
Face Value
₹1,000
Issue Date
20 Sep 2024
Maturity Date
20 Sep 2029
Coupon Rate
9.4% p.a.
Payment Frequency
Monthly
Exchange
NSE/BSE
Min Investment
₹10,000
Credit Rating
AA+ (CRISIL/ICRA)
Tax Status
Taxable
Secured
Yes
Status
Active
About this Bond
Shriram Finance 9.40% 2029 is a Corporate bond issued by Shriram Finance Limited. It carries a coupon rate of 9.4% per annum, paid monthly, matures on 20 September 2029. It carries an AA+ credit rating from CRISIL/ICRA. This is a secured bond, and the interest is taxable.
More Corporate Bonds
Frequently Asked Questions about Shriram Finance 9.40% 2029
Shriram Finance 9.40% 2029 has a yield to maturity (YTM) of 9.05%, with a coupon rate of 9.4% p.a., maturing September 2029.
Shriram Finance 9.40% 2029 is rated AA+ by CRISIL/ICRA, issued by Shriram Finance Limited.
The minimum investment for Shriram Finance 9.40% 2029 is ₹10,000. Interest earned is taxable at your income slab rate.
Shriram Finance 9.40% 2029 pays interest monthly, at a coupon rate of 9.4% per annum on the face value of ₹1,000.
Shriram Finance 9.40% 2029 is a secured bond rated AA+ by CRISIL/ICRA. 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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