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Kotak Mahindra Bank 7.57% Sep 2026 NCD

AAA Unsecured NCD

Kotak Mahindra Bank Ltd.

Unsecured, Rated, Taxable, Redeemable NCD

Browse: AAA rated bonds · bonds maturing in 2026

Current YTM
No live YTM available
Coupon Rate
7.57%
Per annum
Maturity Date
25 Sep 2026
0.1 Yrs to Maturity
Interest Payment
Annual
Frequency
Face Value
₹1,000,000
Per Bond
Market Position
YTM (Annual) EST
~7.57%
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
+230 bps
vs 0.1Y G-Sec at 5.27% *
Below the median spread for similar-tenor peers
Tenure
0.1 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
25 Sep 2026
Principal Payment
₹1,000,000.00 / Bond

Next 0 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 2016-09-27 Matures 2026-09-25

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

Key Metrics
Coupon Rate
7.57%
YTM (Annual)
Credit Rating
AAA
(INDIA_RATINGS)
Remaining Tenure
0.1 Years
Advanced metrics
Modified Duration
0.07 Yrs
Macaulay Duration
0.07 Yrs
Issue Size
₹475 Cr
Minimum Investment
₹1,000,000
(1 Bond)
Market Characteristics
Modified Duration
0.07 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 2.43 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
2016-09-27
Day Count Convention
30/360
Listed Exchange
BSE
Call / Put Option
None disclosed

Kotak Mahindra Bank Ltd. issued this rated, ncd (MML-7.57%-25-9-26-PVT) carrying a 7.57% 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 1 INDIA_RATINGS 2016-09-19
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 7.57% Sep 2026 NCD?

Kotak Mahindra Bank 7.57% Sep 2026 NCD carries a coupon of 7.57%, paid annual, on a face value of ₹1,000,000.

When does Kotak Mahindra Bank 7.57% Sep 2026 NCD mature?

Kotak Mahindra Bank 7.57% Sep 2026 NCD matures on 2026-09-25, 0.1 years from today.

What is Kotak Mahindra Bank 7.57% Sep 2026 NCD rated?

Kotak Mahindra Bank 7.57% Sep 2026 NCD is rated AAA by INDIA_RATINGS. As of 2016-09-19.

Is Kotak Mahindra Bank 7.57% Sep 2026 NCD secured?

Kotak Mahindra Bank 7.57% Sep 2026 NCD is unsecured; holders rank alongside other unsecured creditors in the event of default.

Where does Kotak Mahindra Bank 7.57% Sep 2026 NCD trade?

Kotak Mahindra Bank 7.57% Sep 2026 NCD is listed on BSE.

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