Muthoot Mcred Jun '28
Bond overview
19 Mos Matures 16 Jun 2028
Yield (YTM)
+3.0% vs FD10.00% p.a.
Rating
Adequate safetyA
Min. investment
10 Units₹99,550
Monthly payout directly to bank9th of each month
Exchange-listed NCD — held in demat, verifiable by its ISIN
- Interest
- Monthly
- Principal
- Full redemption
- Maturity date
- 16/06/2028
- Seniority
- Senior (Listed secured)
Security cover
1xBacked by a charge on the issuer’s assets
For every ₹1 you invest, the issuer has pledged about ₹1.00 of assets. Monitored by an independent debenture trustee.
Payout schedule
Simulated schedule based on 10 units (₹99,550.00 investment)
- 09 Dec '26Coupon #1₹764.38Interest
- 09 Jan '27Coupon #2₹789.86Interest
- 16 Jun '28Final maturity & redemption₹1,00,000 + ₹178.36Principal + final interest
Other disclosures & Compliance
Bond overview
- ISIN
- INE101Q07BX1
- Issuer
- Muthoot Mcred Ltd
- Bond type
- Corporate bond · exchange-listed
- Face value
- ₹10,000
- Price per unit
- ₹9,955
- Accrued interest per unit
- -₹28.03
- Coupon rate
- 9.30% · fixed
- Yield to maturity
- 10.00%
- Interest payout
- Monthly · around day 9 of the month
- Record date
- 15 days before each payout
- Issue date
- 17 Mar 2026
- Maturity date
- 16 Jun 2028
- Security
- Secured · 1x cover
- Seniority
- Senior
- Minimum lot
- 10 units
Financials
FY23
FY24
FY25
Rating
Adequate safety
A-rated issuers are considered to have adequate safety, with low credit risk, though they are more sensitive to adverse economic conditions.
Yield shown is the indicative yield to maturity at the displayed price, assuming the bond is held to maturity and all payments are made on schedule. Bonds carry credit, interest-rate and liquidity risk.
Explore more bonds
Similar listed fixed-income opportunities
Frequently asked questions
What is the yield on the Muthoot Mcred Ltd bond (INE101Q07BX1)?
At today’s price of ₹9,955 per unit, the Muthoot Mcred Ltd bond offers a yield to maturity of 10.00%. It pays a fixed coupon of 9.30% on its face value of ₹10,000, with interest paid monthly.
What is the credit rating of Muthoot Mcred Ltd?
This bond is rated A, which falls in the “adequate safety” band. A-rated issuers are considered to have adequate safety, with low credit risk, though they are more sensitive to adverse economic conditions.
Is the Muthoot Mcred Ltd bond secured?
Yes. It is a secured, senior bond with a security cover of about 1x, monitored by a debenture trustee.
What is the minimum investment for this bond?
The minimum investment is 10 units, about ₹99,550 at today’s price, plus any accrued interest.
When does the Muthoot Mcred Ltd bond mature?
It matures on 16 Jun 2028 (1y 7m from now). On maturity, the face value is repaid to the bank account linked to your demat account.
Get the BondsPe App now
Download the app on Android or iOS in just a few clicks and invest in corporate bonds anytime, anywhere.
Scan to install
10.00% YTM
Min. ₹99,550