S

SBI CARDS AND PAYMENT SERVICES 8.33% Jan 2034 NCD

AAA / Stable Unsecured NCD

SBI Cards and Payment Services Ltd

Unsecured, Rated, Taxable, Redeemable NCD

Browse: AAA rated bonds · bonds maturing in 2034

Current YTM
7.76%
Market YTM
Coupon Rate
8.33%
Per annum
Maturity Date
24 Jan 2034
7.4 Yrs to Maturity
Interest Payment
Annual
Frequency
Face Value
₹10,000,000
Per Bond
Market Position
YTM (Annual)
7.76%
Live, last traded 2026-08-11
10Y G-Sec Benchmark
6.66%
Reference point, not this bond's tenor
Spread over G-Sec
+93 bps
vs 7.4Y G-Sec at 6.82%
Below the median spread for similar-tenor peers
Tenure
7.4 Years
Remaining to maturity
Price vs Yield
— Price (Clean) — Yield (YTM)
2026-08-07 2026-08-11
Cashflow Timeline
24 Jan 2027
Interest Payment
₹833,000.00 / Bond
24 Jan 2028
Interest Payment
₹833,000.00 / Bond
24 Jan 2029
Interest Payment
₹833,000.00 / Bond
24 Jan 2030
Interest Payment
₹833,000.00 / Bond
24 Jan 2031
Interest Payment
₹833,000.00 / Bond
24 Jan 2032
Interest Payment
₹833,000.00 / Bond
24 Jan 2033
Interest Payment
₹833,000.00 / Bond
24 Jan 2034
Principal Payment
₹10,000,000.00 / Bond

Next 7 coupons + principal at maturity · per ₹10,000,000 face value

Bond Timeline
— Issue / Maturity | Coupon (projected) ● Rating action ┊ Today
Today Rating action: by CRISIL on 2026-06-25 Issued 2024-01-24 Matures 2034-01-24

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

Key Metrics
Coupon Rate
8.33%
YTM (Annual)
7.76%
Credit Rating
AAA
(CRISIL)
Remaining Tenure
7.4 Years
Advanced metrics
Modified Duration
5.18 Yrs
Macaulay Duration
5.58 Yrs
Issue Size
₹525 Cr
Minimum Investment
₹10,000,000
(1 Bond)
Market Characteristics
Modified Duration
5.18 Yrs
Price sensitivity per 1% yield move
Payment Frequency
Annual
Last Trade
2026-08-11
NSE OTC (WAP)
Trades (30 Days)
3
Exchange-reported sessions
Security Status
Unsecured
No call option
Observations
  • This bond is unsecured.
  • 3 secondary-market trades recorded in the last 30 days.
  • Coupon is 1.67 percentage points below the median for tracked NCD bonds. (based on 18927 tracked NCD bonds with a stated coupon)
Structured Overview Data as of 8 Aug 2026
Instrument Type
NCD
Issue Date
2024-01-24
Day Count Convention
30/360
Listed Exchange
BSE
Call / Put Option
None disclosed

SBICPSL-8.33%-24-1-34-PVT is a rated, redeemable ncd issued by SBI Cards and Payment Services Ltd. The bond offers a fixed coupon of 8.33% p.a. with annual interest payments and repays principal on maturity.

Rating Action History 1 actions
DateAgencyActionRatingOutlookRationale
2026-06-25 CRISIL Other View →
Recent Market Prices
Trade DateClean PriceYTM (%)Trades
2026-08-11 103.0560 7.7567 None
2026-08-10 103.0200 7.7615 3
2026-08-07 101.7441 7.9900 3
Data Coverage
DatasetRecordsDetailFreshness
Credit Ratings 2 CRISIL, ICRA 2024-01-31
Rating Actions History 1 2026-06-25
Secondary-Market Trades 3 NSE OTC (WAP) 2026-08-11
Reg52(4) Payment Disclosures 0
Documents
Entity metadata
Source
bse_bonds
Last Updated
8 Aug 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 8.33% Jan 2034 NCD?

SBI CARDS AND PAYMENT SERVICES 8.33% Jan 2034 NCD carries a coupon of 8.33%, paid annual, on a face value of ₹10,000,000.

When does SBI CARDS AND PAYMENT SERVICES 8.33% Jan 2034 NCD mature?

SBI CARDS AND PAYMENT SERVICES 8.33% Jan 2034 NCD matures on 2034-01-24, 7.4 years from today.

What is SBI CARDS AND PAYMENT SERVICES 8.33% Jan 2034 NCD rated?

SBI CARDS AND PAYMENT SERVICES 8.33% Jan 2034 NCD is rated AAA by CRISIL and AAA by ICRA. As of 2024-01-31.

Is SBI CARDS AND PAYMENT SERVICES 8.33% Jan 2034 NCD secured?

SBI CARDS AND PAYMENT SERVICES 8.33% Jan 2034 NCD is unsecured; holders rank alongside other unsecured creditors in the event of default.

Where does SBI CARDS AND PAYMENT SERVICES 8.33% Jan 2034 NCD trade?

SBI CARDS AND PAYMENT SERVICES 8.33% Jan 2034 NCD is listed on BSE.

What yield does SBI CARDS AND PAYMENT SERVICES 8.33% Jan 2034 NCD currently offer?

The last recorded trade on 2026-08-11 priced SBI CARDS AND PAYMENT SERVICES 8.33% Jan 2034 NCD at ₹103.06, implying a yield to maturity of 7.76%.

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