Market closed today (Weekend) · Prices and yields as of last trading day, 28 Aug 2026
K

Kotak Mahindra Bank 9.55% Jul 2063 NCD

AA+ Unsecured NCD

Kotak Mahindra Bank Ltd.

Unsecured, Rated, Taxable, Redeemable NCD

Browse: AA rated bonds · bonds maturing in 2063

Current YTM
No live YTM available
Coupon Rate
9.55%
Per annum
Maturity Date
04 Jul 2063
36.8 Yrs to Maturity
Interest Payment
Annual
Frequency
Face Value
₹1,000,000
Per Bond
Market Position
YTM (Annual) EST
~9.55%
Proxied from coupon — no live trade, not a true YTM
10Y G-Sec Benchmark
6.68%
Reference point, not this bond's tenor
Spread over G-Sec
+210 bps
vs 36.8Y G-Sec at 7.45% *
Tenure
36.8 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
4 Jul 2027
Interest Payment
₹95,500.00 / Bond
4 Jul 2028
Interest Payment
₹95,500.00 / Bond
4 Jul 2029
Interest Payment
₹95,500.00 / Bond
4 Jul 2030
Interest Payment
₹95,500.00 / Bond
4 Jul 2031
Interest Payment
₹95,500.00 / Bond
4 Jul 2032
Interest Payment
₹95,500.00 / Bond
4 Jul 2033
Interest Payment
₹95,500.00 / Bond
4 Jul 2034
Interest Payment
₹95,500.00 / Bond
4 Jul 2063
Principal Payment
₹1,000,000.00 / Bond

Next 8 coupons + principal at maturity · per ₹1,000,000 face value

Bond Timeline
— Issue / Maturity | Coupon (projected) ● Rating action ┊ Today
Today Rating action: by CRISIL on 2026-07-08 Issued 2013-07-04 Matures 2063-07-04

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

Key Metrics
Coupon Rate
9.55%
YTM (Annual)
Credit Rating
AA+
(CRISIL)
Remaining Tenure
36.8 Years
Advanced metrics
Modified Duration
9.97 Yrs
Macaulay Duration
10.92 Yrs
Issue Size
₹500 Cr
Minimum Investment
₹1,000,000
(1 Bond)
Market Characteristics
Modified Duration
9.97 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 0.45 percentage points below the median for tracked NCD bonds. (based on 18915 tracked NCD bonds with a stated coupon)
Structured Overview Data as of 8 Aug 2026
Instrument Type
NCD
Issue Date
2013-07-04
Day Count Convention
30/360
Listed Exchange
BSE
Call / Put Option
None disclosed

Kotak Mahindra Bank Ltd. issued this rated, ncd (MML-9.55%-04-07-2063-PVT) carrying a 9.55% p.a. coupon, paid annual. It repays principal on maturity.

Rating Action History 1 actions
DateAgencyActionRatingOutlookRationale
2026-07-08 CRISIL Other View →
Data Coverage
DatasetRecordsDetailFreshness
Credit Ratings 2 CRISIL, ICRA 2013-07-31
Rating Actions History 1 2026-07-08
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
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 Kotak Mahindra Bank 9.55% Jul 2063 NCD?

Kotak Mahindra Bank 9.55% Jul 2063 NCD carries a coupon of 9.55%, paid annual, on a face value of ₹1,000,000.

When does Kotak Mahindra Bank 9.55% Jul 2063 NCD mature?

Kotak Mahindra Bank 9.55% Jul 2063 NCD matures on 2063-07-04, 36.8 years from today.

What is Kotak Mahindra Bank 9.55% Jul 2063 NCD rated?

Kotak Mahindra Bank 9.55% Jul 2063 NCD is rated AA+ by CRISIL and AA by ICRA. As of 2013-06-27.

Is Kotak Mahindra Bank 9.55% Jul 2063 NCD secured?

Kotak Mahindra Bank 9.55% Jul 2063 NCD is unsecured; holders rank alongside other unsecured creditors in the event of default.

Where does Kotak Mahindra Bank 9.55% Jul 2063 NCD trade?

Kotak Mahindra Bank 9.55% Jul 2063 NCD is listed on BSE.

More Bonds from This Issuer
M
Kotak Mahindra Bank 7.57% Sep 2026 NCD
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Maturity
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Kotak Mahindra Bank 7.63% Dec 2029 NCD
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Maturity
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Kotak Mahindra Bank 7.85% Mar 2030 NCD
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Kotak Mahindra Bank 7.55% Jun 2030 NCD
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Coupon
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Maturity
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