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Kotak Mahindra Bank 7.55% Jun 2030 NCD (INE237A08973)

India Ratings AAA / Stable Unsecured NCD

Kotak Mahindra Bank Limited

Unsecured, Rated, Taxable, Redeemable NCD

Browse: AAA rated bonds · bonds maturing in 2030

3 more bonds from Kotak Mahindra Bank Limited →
Current YTM
—
No market YTM available
Coupon Rate
7.55%
Per annum
Maturity Date
24 Jun 2030
3.6 Yrs to Maturity
Interest Payment
Annual
Frequency
Face Value
₹1,00,000
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
3.6 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

23 Jun 2027
Interest Payment
₹7,550.00 / Bond
₹6,795.00 net of 10% TDS (est.)
23 Jun 2028
Interest Payment
₹7,550.00 / Bond
₹6,795.00 net of 10% TDS (est.)
23 Jun 2029
Interest Payment
₹7,550.00 / Bond
₹6,795.00 net of 10% TDS (est.)
23 Jun 2030
Interest Payment
₹7,550.00 / Bond
₹6,795.00 net of 10% TDS (est.)
24 Jun 2030
Final coupon (part period) + principal
₹1,00,020.68 / Bond
₹20.68 coupon + ₹1,00,000 face value

5 coupons remaining, the last paid with principal at maturity · per ₹1,00,000 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
Today Issued 23 Jun 2023 Matures 24 Jun 2030

Key Metrics

Coupon Rate
7.55%
YTM (Annual)
—
Credit Rating
AAA
(India Ratings) · rated 30 Jun 2023, 3 years ago
Over 15 months old; see below
Remaining Tenure
3.6 Years

AAA (India Ratings): Rated 30 Jun 2023 (3 years ago) — no review in the last 15 months that our sources show; the agency may have reviewed it since.

Advanced metrics
Modified Duration
2.99 Yrs
Macaulay Duration
3.22 Yrs
Issue Size
₹1,895 Cr
Minimum Investment
₹1,00,000
1 bond × ₹1,00,000 face value (BSE market lot)

Market Characteristics

Modified Duration
2.99 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 2.65 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 8 Nov 2026
Instrument Type
NCD
Issue Date
23 Jun 2023
Day Count Convention
ACT/ACT
Listed Exchange
BSE
Call / Put Option
None disclosed

Kotak Mahindra Bank 7.55% Jun 2030 NCD is an unsecured, rated NCD issued by Kotak Mahindra Bank Limited. It pays a 7.55% 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.

DateAgencyActionRatingOutlookRationale
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.

DateAgencyActionRatingRationale
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

DatasetRecordsDetailFreshness
Credit Ratings 1 India Ratings 2023-06-30
Rating Actions History 1 — 2026-07-08
Secondary-Market Trades 0 — —
Reg52(4) Payment Disclosures 0 — —
  • No secondary-market trade with a usable price on record, so no market yield or spread is shown.

Documents

Entity metadata
Source
BSE
Last Updated
8 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.

Current Price (Clean)
—

No recent trade data available

View on BSE → Calculate YTM for this bond
Bond Snapshot
ISIN
INE237A08973
Issue Date
23 Jun 2023
Maturity Date
24 Jun 2030
Listing
BSE
Payment Frequency
Annual
Put / Call Option
None disclosed
Security
Unsecured
Day Count
ACT/ACT
View Term Sheet
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Frequently Asked Questions
What is the coupon rate on Kotak Mahindra Bank 7.55% Jun 2030 NCD?

Kotak Mahindra Bank 7.55% Jun 2030 NCD carries a coupon of 7.55%, paid annual, on a face value of ₹1,00,000.

When does Kotak Mahindra Bank 7.55% Jun 2030 NCD mature?

Kotak Mahindra Bank 7.55% Jun 2030 NCD matures on 24 Jun 2030, 3.6 years from today.

What is Kotak Mahindra Bank 7.55% Jun 2030 NCD rated?

Kotak Mahindra Bank 7.55% Jun 2030 NCD is rated AAA by India Ratings (rating dated 30 Jun 2023).

Is Kotak Mahindra Bank 7.55% Jun 2030 NCD secured?

Kotak Mahindra Bank 7.55% Jun 2030 NCD is unsecured; holders rank alongside other unsecured creditors in the event of default.

Where does Kotak Mahindra Bank 7.55% Jun 2030 NCD trade?

Kotak Mahindra Bank 7.55% Jun 2030 NCD is listed on BSE.

More Bonds from This Issuer

K
Kotak Mahindra Bank 7.63% Dec 2029 NCD
INE237A08957
AAA NSDL record, 2022
Coupon
7.63%
Maturity
01 Dec 2029
K
Kotak Mahindra Bank 7.85% Mar 2030 NCD
INE237A08965
AAA NSDL record, 2023
Coupon
7.85%
Maturity
20 Mar 2030
K
Kotak Mahindra Bank 7.60% Feb 2031 NCD
INE237A08981
AAA
Coupon
7.60%
Maturity
14 Feb 2031
Compare (/) Compare Bonds

Comparable NCDs maturing near 2030

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 7.55%. For comparison only, not a recommendation.

BondIssuerRatingCouponMaturity
INE296A07TU1Bajaj Finance LimitedAAA7.55%2031-02-20
INE053F07BX7Indian Railway Finance Corporation LimitedAAA7.55%2029-11-06
INE020B08CU7REC LimitedAAA7.55%2030-05-11
INE377Y07672Bajaj Housing Finance LimitedAAA7.53%2029-09-28
INE115A07RJ0LIC Housing Finance LimitedAAA NSDL record, 20267.57%2029-11-23
INE848E08227NHPC LimitedAAA NSDL record, 20237.59%2030-02-20

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