S

SBI CARDS AND PAYMENT SERVICES 8.25% Aug 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
7.98%
Market YTM
Coupon Rate
8.25%
Per annum
Maturity Date
08 Aug 2034
7.9 Yrs to Maturity
Interest Payment
Annual
Frequency
Face Value
₹10,000,000
Per Bond
Market Position
YTM (Annual)
7.98%
Live, last traded 2026-08-04
10Y G-Sec Benchmark
6.66%
Reference point, not this bond's tenor
Spread over G-Sec
+143 bps
vs 7.9Y G-Sec at 6.55%
Below the median spread for similar-tenor peers
Tenure
7.9 Years
Remaining to maturity
Price vs Yield
— Price (Clean) — Yield (YTM)
2026-06-29 2026-08-04
Cashflow Timeline
8 Aug 2027
Interest Payment
₹825,000.00 / Bond
8 Aug 2028
Interest Payment
₹825,000.00 / Bond
8 Aug 2029
Interest Payment
₹825,000.00 / Bond
8 Aug 2030
Interest Payment
₹825,000.00 / Bond
8 Aug 2031
Interest Payment
₹825,000.00 / Bond
8 Aug 2032
Interest Payment
₹825,000.00 / Bond
8 Aug 2033
Interest Payment
₹825,000.00 / Bond
8 Aug 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 2024-08-08 Matures 2034-08-08

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

Key Metrics
Coupon Rate
8.25%
YTM (Annual)
7.98%
Credit Rating
AAA
(CRISIL)
Remaining Tenure
7.9 Years
Advanced metrics
Modified Duration
5.67 Yrs
Macaulay Duration
6.12 Yrs
Issue Size
₹1,500 Cr
Minimum Investment
₹10,000,000
(1 Bond)
Market Characteristics
Modified Duration
5.67 Yrs
Price sensitivity per 1% yield move
Payment Frequency
Annual
Last Trade
2026-08-04
BSE
Trades (30 Days)
1
Exchange-reported sessions
Security Status
Unsecured
No call option
Observations
  • This bond is unsecured.
  • 1 secondary-market trade recorded in the last 30 days.
  • Coupon is 1.75 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
2024-08-08
Day Count Convention
30/360
Listed Exchange
BSE
Call / Put Option
None disclosed

Issued by SBI Cards and Payment Services Ltd, SCPSL-8.25%-8-8-34-PVT is a rated, ncd paying a 8.25% p.a. coupon annual. The instrument repays principal on maturity.

Rating Action History 1 actions
DateAgencyActionRatingOutlookRationale
2026-06-25 CRISIL Other View →
Recent Market Prices
Trade DateClean PriceYTM (%)Trades
2026-08-04 101.5000 7.9800 1
2026-07-21 103.0650 7.7165 1
2026-06-29 102.9900 7.7300 1
Data Coverage
DatasetRecordsDetailFreshness
Credit Ratings 2 CRISIL, ICRA 2024-08-31
Rating Actions History 1 2026-06-25
Secondary-Market Trades 3 BSE 2026-08-04
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 8.25% Aug 2034 NCD?

SBI CARDS AND PAYMENT SERVICES 8.25% Aug 2034 NCD carries a coupon of 8.25%, paid annual, on a face value of ₹10,000,000.

When does SBI CARDS AND PAYMENT SERVICES 8.25% Aug 2034 NCD mature?

SBI CARDS AND PAYMENT SERVICES 8.25% Aug 2034 NCD matures on 2034-08-08, 7.9 years from today.

What is SBI CARDS AND PAYMENT SERVICES 8.25% Aug 2034 NCD rated?

SBI CARDS AND PAYMENT SERVICES 8.25% Aug 2034 NCD is rated AAA by CRISIL and AAA by ICRA. As of 2024-08-31.

Is SBI CARDS AND PAYMENT SERVICES 8.25% Aug 2034 NCD secured?

SBI CARDS AND PAYMENT SERVICES 8.25% Aug 2034 NCD is unsecured; holders rank alongside other unsecured creditors in the event of default.

Where does SBI CARDS AND PAYMENT SERVICES 8.25% Aug 2034 NCD trade?

SBI CARDS AND PAYMENT SERVICES 8.25% Aug 2034 NCD is listed on BSE.

What yield does SBI CARDS AND PAYMENT SERVICES 8.25% Aug 2034 NCD currently offer?

The last recorded trade on 2026-08-04 priced SBI CARDS AND PAYMENT SERVICES 8.25% Aug 2034 NCD at ₹101.50, implying a yield to maturity of 7.98%.

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