Kotak Mahindra Bank 7.63% Dec 2029 NCD (INE237A08957)

ICRA AAA · NSDL record, 2022 Unsecured NCD

Kotak Mahindra Bank Limited

Unsecured, Taxable, Redeemable NCD

Browse: bonds maturing in 2029

3 more bonds from Kotak Mahindra Bank Limited →

Current YTM

—

No market YTM available

Coupon Rate

7.63%

Per annum

Maturity Date

01 Dec 2029

3.1 Yrs to Maturity

Interest Payment

Annual

Frequency

Face Value

₹10,00,000

Per Bond

Market Position

YTM (Annual)

—

No trade with a usable price on record

10Y G-Sec Benchmark

7.19%

Reference point, not this bond's tenor

Tenure

3.1 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.

Showing last 10 trades.

Cashflow Timeline

1 Dec 2026

Interest Payment

₹76,300.00 / Bond

₹68,670.00 net of 10% TDS (est.)

1 Dec 2027

Interest Payment

₹76,300.00 / Bond

₹68,670.00 net of 10% TDS (est.)

1 Dec 2028

Interest Payment

₹76,300.00 / Bond

₹68,670.00 net of 10% TDS (est.)

1 Dec 2029

Final coupon + principal

₹10,76,300.00 / Bond

₹76,300.00 coupon + ₹10,00,000 face value

4 coupons remaining, the last paid with principal at maturity · per ₹10,00,000 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

— Issue / Maturity | Coupon (projected) ┊ Today

Key Metrics

Coupon Rate

7.63%

YTM (Annual)

—

Credit Rating

AAA

Rating on NSDL record (ICRA, 2022)

Not a current agency rating; see below

Remaining Tenure

3.1 Years

AAA (ICRA): Rating on NSDL record (ICRA, 2022), dated 1 Nov 2022. The rating NSDL's debt master records for this instrument, often from the time of issue. No current rating from an agency or exchange is on file, so it may be out of date.

Advanced metrics

Modified Duration

2.47 Yrs

Macaulay Duration

2.65 Yrs

Issue Size

₹1,500 Cr

Face Value

₹10,00,000

Per bond. Exchange lot size not on file; check the offer document.

Market Characteristics

Modified Duration

2.47 Yrs

Price sensitivity per 1% yield move

Payment Frequency

Annual

Last Trade

—

No recorded trades

Trades (30 Days)

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 2.57 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 16 Jul 2026

Issuer

Kotak Mahindra Bank Limited

Instrument Type

NCD

Issue Date

1 Dec 2022

Day Count Convention

ACT/ACT

Listed Exchange

—

Call / Put Option

None disclosed

Kotak Mahindra Bank Limited issued Kotak Mahindra Bank 7.63% Dec 2029 NCD, an unsecured NCD. It pays a 7.63% p.a. coupon, annually. Principal is repaid at maturity.

Rating Action History

1 actions

Agency actions on Kotak Mahindra Bank 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
2026-07-08	CRISIL	Update	—	—	View →

Issuer health card · ratings, payment record, defaults, trading, filings 2 items to look at →

Rating Actions on Kotak Mahindra Bank Limited

last 12 months

Agencies 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
2026-07-08	CRISIL	Update	—	View →

Alert me about Kotak Mahindra Bank Limited An email when a rating agency acts on this issuer (including any cut to default grade D) or a payment is disclosed late or short. Free, no account needed.

Data Coverage

Dataset	Records	Detail	Freshness
Credit Ratings	1	ICRA (NSDL record)	2022-11-01
Rating Actions History	1	—	2026-07-08
Secondary-Market Trades	0	—	—
Reg52(4) Payment Disclosures	0	—	—

No current rating from an agency or exchange on file; the rating shown is the one NSDL's debt master records, often from the time of issue.
No secondary-market trade with a usable price on record, so no market yield or spread is shown.

Documents

Entity metadata

Source: NSDL debt master
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 Kotak Mahindra Bank 7.63% Dec 2029 NCD?

Kotak Mahindra Bank 7.63% Dec 2029 NCD carries a coupon of 7.63%, paid annual, on a face value of ₹10,00,000.

When does Kotak Mahindra Bank 7.63% Dec 2029 NCD mature?

Kotak Mahindra Bank 7.63% Dec 2029 NCD matures on 1 Dec 2029, 3.1 years from today.

What is Kotak Mahindra Bank 7.63% Dec 2029 NCD rated?

No current rating from an agency or exchange is on file for Kotak Mahindra Bank 7.63% Dec 2029 NCD. NSDL's debt master records a rating of AAA by ICRA, dated 1 Nov 2022, often from the time of issue, so it may be out of date.

Is Kotak Mahindra Bank 7.63% Dec 2029 NCD secured?

Kotak Mahindra Bank 7.63% Dec 2029 NCD is unsecured; holders rank alongside other unsecured creditors in the event of default.

More Bonds from This Issuer

Kotak Mahindra Bank 7.85% Mar 2030 NCD

INE237A08965

AAA NSDL record, 2023

Coupon

7.85%

Maturity

20 Mar 2030

View Details

Kotak Mahindra Bank 7.55% Jun 2030 NCD

INE237A08973

AAA

Coupon

7.55%

Maturity

24 Jun 2030

View Details

Kotak Mahindra Bank 7.60% Feb 2031 NCD

INE237A08981

AAA

Coupon

7.60%

Maturity

14 Feb 2031

View Details

Compare (/) Compare Bonds

Comparable NCDs maturing near 2029

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 7.63%. For comparison only, not a recommendation.

Bond	Issuer	Rating	Coupon	Maturity
INE261F08EH1	National Bank for Agriculture and Rural Development	AAA NSDL record, 2024	7.62%	2029-05-10
INE261F08EJ7	National Bank for Agriculture and Rural Development	AAA NSDL record, 2024	7.64%	2029-12-06
INE976I07CZ6	Tata Capital Limited	AAA NSDL record, 2025	7.62%	2030-04-08
INE377Y07664	Bajaj Housing Finance Limited	AAA	7.64%	2030-07-01
INE975F07JB0	Kotak Mahindra Investments Limited	AAA	7.61%	2029-02-21
INE556F08LD8	Small Industries Development Bank of India	AAA	7.61%	2029-08-10

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