L
AAA Secured NCD

L&t Finance Limited

Secured, Rated, Taxable, Redeemable NCD

Browse: AAA rated bonds · bonds maturing in 2031

Current YTM
No live YTM available
Coupon Rate
8.63%
Per annum
Maturity Date
07 Jan 2031
4.4 Yrs to Maturity
Interest Payment
Annual
Frequency
Face Value
₹2,500,000
Per Bond
Market Position
YTM (Annual) EST
~8.63%
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
+189 bps
vs 4.4Y G-Sec at 6.74% *
Below the median spread for similar-tenor peers
Tenure
4.4 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
7 Jan 2027
Interest Payment
₹215,750.00 / Bond
7 Jan 2028
Interest Payment
₹215,750.00 / Bond
7 Jan 2029
Interest Payment
₹215,750.00 / Bond
7 Jan 2030
Interest Payment
₹215,750.00 / Bond
7 Jan 2031
Principal Payment
₹2,500,000.00 / Bond

Next 4 coupons + principal at maturity · per ₹2,500,000 face value

Bond Timeline
— Issue / Maturity | Coupon (projected) ● Rating action ┊ Today
Today Initial rating: AAA by CRISIL on 2026-08-25 Issued 2016-01-07 Matures 2031-01-07

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

Key Metrics
Coupon Rate
8.63%
YTM (Annual)
Credit Rating
AAA
(CRISIL)
Remaining Tenure
4.4 Years
Advanced metrics
Modified Duration
3.34 Yrs
Macaulay Duration
3.62 Yrs
Issue Size
₹15 Cr
Minimum Investment
₹2,500,000
(1 Bond)
Market Characteristics
Modified Duration
3.34 Yrs
Price sensitivity per 1% yield move
Payment Frequency
Annual
Last Trade
No recorded trades
Trades (30 Days)
0
Exchange-reported sessions
Security Status
Secured
Callable
Observations
  • This bond is secured.
  • No secondary-market trades recorded in the last 30 days.
  • Coupon is 1.37 percentage points below the median for tracked NCD bonds. (based on 18935 tracked NCD bonds with a stated coupon)
Structured Overview Data as of 16 Jul 2026
Instrument Type
NCD
Issue Date
2016-01-07
Day Count Convention
30/360
Listed Exchange
Call / Put Option
Callable & Puttable

8.63% SECURED REDEEMABEL NON CONVERTIBLE BONDS. SERIES D OF FY 2015-16 OPTION 4. DATE OF MATURITY 07/01/2031 is a secured, rated, redeemable ncd issued by L&t Finance Limited. The bond offers a fixed coupon of 8.63% p.a. with annual interest payments and repays principal on maturity. The issuer holds the right to redeem the bond before maturity date.

Rating Action History 1 actions
DateAgencyActionRatingOutlookRationale
2026-08-25 CRISIL Initial AAA Stable View →
Data Coverage
DatasetRecordsDetailFreshness
Credit Ratings 2 CARE, CRISIL 2015-12-31
Rating Actions History 1 2026-08-25
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 L&t Finance 8.63% Jan 2031 NCD?

L&t Finance 8.63% Jan 2031 NCD carries a coupon of 8.63%, paid annual, on a face value of ₹2,500,000.

When does L&t Finance 8.63% Jan 2031 NCD mature?

L&t Finance 8.63% Jan 2031 NCD matures on 2031-01-07, 4.4 years from today.

What is L&t Finance 8.63% Jan 2031 NCD rated?

L&t Finance 8.63% Jan 2031 NCD is rated AAA by CRISIL and AAA by CARE. As of 2015-12-31.

Is L&t Finance 8.63% Jan 2031 NCD secured?

L&t Finance 8.63% Jan 2031 NCD is a secured bond.

Can L&t Finance 8.63% Jan 2031 NCD be called or put back early?

L&t Finance 8.63% Jan 2031 NCD has both a call option, letting the issuer redeem it early, and a put option, letting holders require early repurchase, on scheduled dates.

More Bonds from This Issuer
7
L&t Finance 7.91% Sep 2026 NCD
AAA
Coupon
7.91%
Maturity
25 Sep 2026
7
L&t Finance 7.90% Oct 2026 NCD
AA+
Coupon
7.90%
Maturity
23 Oct 2026
8
L&t Finance 8.50% Dec 2026 NCD
AAA
Coupon
8.50%
Maturity
23 Dec 2026
8
L&t Finance 8.65% Dec 2026 NCD
AAA
Coupon
8.65%
Maturity
23 Dec 2026
Compare (/) Compare Bonds

← Back to screener