S

SBI Cards and Payment Services 7.85% May 2028 NCD

AAA Unsecured NCD

SBI Cards and Payment Services Ltd

Unsecured, Rated, Taxable, Redeemable NCD

Browse: AAA rated bonds · bonds maturing in 2028

Current YTM
No live YTM available
Coupon Rate
7.85%
Per annum
Maturity Date
17 May 2028
1.7 Yrs to Maturity
Interest Payment
Annual
Frequency
Face Value
₹100,000
Per Bond
Market Position
YTM (Annual) EST
~7.85%
Proxied from coupon — no live trade, not a true YTM
10Y G-Sec Benchmark
6.66%
Reference point, not this bond's tenor
Spread over G-Sec
+242 bps
vs 1.7Y G-Sec at 5.43% *
Below the median spread for similar-tenor peers
Tenure
1.7 Years
Remaining to maturity
Price vs Yield

Price chart data not available

Secondary market trade data is collected over time as bonds trade on BSE/NSE. Needs at least 3 trade dates.
Cashflow Timeline
17 May 2027
Interest Payment
₹7,850.00 / Bond
17 May 2028
Principal Payment
₹100,000.00 / Bond

Next 1 coupon + principal at maturity · per ₹100,000 face value

Bond Timeline
— Issue / Maturity | Coupon (projected) ● Rating action ┊ Today
Today Rating action: by CRISIL on 2026-06-25 Issued 2023-05-17 Matures 2028-05-17

1 rating action on file since issue — hover a dot for detail.

Key Metrics
Coupon Rate
7.85%
YTM (Annual)
Credit Rating
AAA
(ICRA)
Remaining Tenure
1.7 Years
Advanced metrics
Modified Duration
1.52 Yrs
Macaulay Duration
1.64 Yrs
Issue Size
₹810 Cr
Minimum Investment
₹100,000
(1 Bond)
Market Characteristics
Modified Duration
1.52 Yrs
Price sensitivity per 1% yield move
Payment Frequency
Annual
Last Trade
No recorded trades
Trades (30 Days)
0
Exchange-reported sessions
Security Status
Unsecured
No call option
Observations
  • This bond is unsecured.
  • No secondary-market trades recorded in the last 30 days.
  • Coupon is 2.15 percentage points below the median for tracked NCD bonds. (based on 18927 tracked NCD bonds with a stated coupon)
Structured Overview Data as of 16 Jul 2026
Instrument Type
NCD
Issue Date
2023-05-17
Day Count Convention
30/360
Listed Exchange
Call / Put Option
None disclosed

Issued by SBI Cards and Payment Services Ltd, 7.85% UNSECURED RATED LISTED REDEEMABLE NON CONVERTIBLE DEBENTURES SERIES 33 DATE OF MATURITY 17/05/2028 is a rated, ncd paying a 7.85% p.a. coupon annual. The instrument repays principal on maturity.

Rating Action History 1 actions
DateAgencyActionRatingOutlookRationale
2026-06-25 CRISIL Other View →
Data Coverage
DatasetRecordsDetailFreshness
Credit Ratings 1 ICRA 2023-04-20
Rating Actions History 1 2026-06-25
Secondary-Market Trades 0
Reg52(4) Payment Disclosures 0
  • No secondary-market trades recorded — YTM figures use the coupon rate as a proxy.
Documents
Entity metadata
Source
nsdl_master_promoted
Last Updated
16 Jul 2026

Risk warning: This page is for informational purposes only. Bond investments carry credit risk, interest rate risk, and liquidity risk. Credit ratings reflect agency opinion at a point in time. Nothing here constitutes investment advice or a recommendation. Verify all details against the issuer's offer document and the exchange. RetailBonds.in is not a SEBI-registered intermediary. See our full disclaimer.

Frequently Asked Questions
What is the coupon rate on SBI Cards and Payment Services 7.85% May 2028 NCD?

SBI Cards and Payment Services 7.85% May 2028 NCD carries a coupon of 7.85%, paid annual, on a face value of ₹100,000.

When does SBI Cards and Payment Services 7.85% May 2028 NCD mature?

SBI Cards and Payment Services 7.85% May 2028 NCD matures on 2028-05-17, 1.7 years from today.

What is SBI Cards and Payment Services 7.85% May 2028 NCD rated?

SBI Cards and Payment Services 7.85% May 2028 NCD is rated AAA by ICRA. As of 2023-04-20.

Is SBI Cards and Payment Services 7.85% May 2028 NCD secured?

SBI Cards and Payment Services 7.85% May 2028 NCD is unsecured; holders rank alongside other unsecured creditors in the event of default.

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