L&T Finance 8.10% Oct 2034 NCD (INE235P07AF8)
L&T Finance Limited
Secured, Rated, Taxable, Redeemable NCD
Browse: AAA rated bonds · bonds maturing in 2034
Issuer events
Last 90 days · company disclosures to the exchanges and agency announcements. Not our assessment.- 25 Aug 2026 New rating assigned to AAA CRISIL
Market Position
Price vs Yield
Showing last 10 trades.
Cashflow Timeline
8 coupons remaining, the last paid with principal at maturity · per ₹2,00,000 face value · projected dates
Net amounts are estimates: 10% TDS applies to a resident with PAN once interest from one issuer reaches ₹10,000 in a financial year. Below that, or with Form 15G/15H, no TDS is deducted. Not tax advice.
Bond Timeline
1 rating action on file since issue — hover a dot for detail.
Key Metrics
Advanced metrics
Market Characteristics
Observations
- This bond is secured.
- 3 secondary-market trades recorded in the last 30 days.
- Coupon is 2.10 percentage points below the median for tracked NCD bonds. (based on 20,403 tracked NCD bonds with a stated coupon)
Structured Overview
Data as of 7 Nov 2026Issued by L&T Finance Limited, L&T Finance 8.10% Oct 2034 NCD is a secured, rated NCD. It pays an 8.10% p.a. coupon, annually. Principal is repaid at maturity.
Rating Timeline
3 ratings on fileEvery rating we hold for this ISIN, from every agency and source, newest first. NSE listing dates are the day we first saw the rating there, not the agency’s date.
| Date | Agency | Rating | Outlook | Status | Source |
|---|---|---|---|---|---|
| 25 Sep 2026 | CARE | AAA | — | Latest | NSE filing → |
| 31 Oct 2020 | CRISIL | AAA | — | Latest | BSE listing |
| 1 Oct 2020 | CRISIL | AAA | — | Superseded | NSE filing → |
Rating Action History
2 actionsAgency actions on L&T Finance Limited and its instruments, not only this bond. Rows marked “This bond” carry this ISIN or an exchange filing that names it.
| Date | Agency | Action | Rating | Outlook | Rationale |
|---|---|---|---|---|---|
| 2026-09-25 This bond |
CARE | Reaffirm | AAA | Stable | NSE filing → |
| 2026-08-25 | CRISIL | Initial | AAA | Stable | View → |
Rating Actions on L&T Finance Limited
last 12 monthsAgencies rate the issuer and its instruments together; an action may cover bank loans or other instruments rather than this bond. This bond marks actions that carry this ISIN or whose exchange filing names it.
| Date | Agency | Action | Rating | Rationale |
|---|---|---|---|---|
| 2026-09-25 | CARE | Reaffirm This bond | AAA / Stable | NSE filing → |
| 2026-08-25 | CRISIL | Initial | AAA / Stable | View → |
Recent Market Prices
| Trade Date | Clean Price | YTM (%) | Trades |
|---|---|---|---|
| 2026-10-23 | 97.5600 | 8.5300 | 1 |
| 2026-10-22 | 100.0000 | 8.1000 | 1 |
| 2026-10-16 | 96.3300 | 8.7500 | 1 |
| 2026-09-07 | 100.8000 | 7.9500 | 1 |
| 2026-09-02 | 100.7500 | 7.9600 | 1 |
| 2026-09-01 | 100.6287 | 7.9800 | — |
| 2026-08-31 | 100.9248 | 7.9291 | — |
| 2026-08-26 | 100.2000 | 8.0500 | — |
| 2026-08-25 | 100.2000 | 8.0500 | — |
Data Coverage
| Dataset | Records | Detail | Freshness |
|---|---|---|---|
| Credit Ratings | 3 | CARE, CRISIL | 2026-09-25 |
| Rating Actions History | 2 | — | 2026-09-25 |
| Secondary-Market Trades | 9 | BSE | 2026-10-23 |
| Reg52(4) Payment Disclosures | 0 | — | — |
Documents
Entity metadata
- Source
- BSE
- Last Updated
- 7 Nov 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.
What is the coupon rate on L&T Finance 8.10% Oct 2034 NCD?
L&T Finance 8.10% Oct 2034 NCD carries a coupon of 8.10%, paid annual, on a face value of ₹2,00,000.
When does L&T Finance 8.10% Oct 2034 NCD mature?
L&T Finance 8.10% Oct 2034 NCD matures on 21 Oct 2034, 8.0 years from today.
What is L&T Finance 8.10% Oct 2034 NCD rated?
L&T Finance 8.10% Oct 2034 NCD is rated AAA by CARE (rating dated 25 Sep 2026) and AAA by CRISIL (rating dated 31 Oct 2020).
Is L&T Finance 8.10% Oct 2034 NCD secured?
L&T Finance 8.10% Oct 2034 NCD is a secured bond.
Where does L&T Finance 8.10% Oct 2034 NCD trade?
L&T Finance 8.10% Oct 2034 NCD is listed on BSE.
What yield does L&T Finance 8.10% Oct 2034 NCD currently offer?
The last recorded trade on 23 Oct 2026 priced L&T Finance 8.10% Oct 2034 NCD at ₹1,95,120.00 per bond, implying a yield to maturity of 8.53%.
More Bonds from This Issuer
Comparable NCDs maturing near 2034
Active bonds from other issuers with maturity within 12 months of this one, listed first when they are in the same face-value band as this bond and traded in the last 30 days, then by closest coupon to 8.10%. For comparison only, not a recommendation.
| Bond | Issuer | Rating | Coupon | Maturity |
|---|---|---|---|---|
| INE674K08018 | Aditya Birla Capital Limited | AAA | 8.03% | 2035-05-04 |
| INE976I07CX1 | Tata Capital Limited | AAA | 8.01% | 2034-07-21 |
| INE0BWS07011 | Altius Telecom Infrastructure Trust | AAA | 8.00% | 2034-08-30 |
| INE306N07NN9 | Tata Capital Limited | AAA | 7.99% | 2034-02-08 |
| INE018E08367 | SBI Cards and Payment Services Limited | AAA | 8.25% | 2034-08-08 |
| INE296A07SY5 | Bajaj Finance Limited | AAA | 7.93% | 2034-05-02 |