B
AAA / Stable Secured NCD

Bajaj Finance Limited

Secured, Rated, Taxable, Redeemable NCD

Browse: AAA rated bonds · bonds maturing in 2028

Current YTM
—
No live YTM available
Coupon Rate
7.24%
Per annum
Maturity Date
12 Dec 2028
2.2 Yrs to Maturity
Interest Payment
Annual
Frequency
Face Value
₹100,000
Per Bond
Market Position
YTM (Annual) EST
~7.24%
Proxied from coupon — no live trade, not a true YTM
10Y G-Sec Benchmark
6.89%
Reference point, not this bond's tenor
Spread over G-Sec
+219 bps
vs 2.2Y G-Sec at 5.05% *
Below the median spread for similar-tenor peers
Tenure
2.2 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
12 Sep 2027
Interest Payment
₹7,240.00 / Bond
12 Sep 2028
Interest Payment
₹7,240.00 / Bond
12 Dec 2028
Principal Payment
₹100,000.00 / Bond

Next 2 coupons + principal at maturity · per ₹100,000 face value

Bond Timeline
— Issue / Maturity | Coupon (projected) ● Rating action ┊ Today
Today Initial rating: AAA by CRISIL on 2026-09-17 Rating action: by CRISIL on 2026-07-29 Rating action: by CRISIL on 2026-07-01 Issued 2025-09-12 Matures 2028-12-12

3 rating actions on file since issue — hover a dot for detail.

Key Metrics
Coupon Rate
7.24%
YTM (Annual)
—
Credit Rating
AAA
(CRISIL)
Remaining Tenure
2.2 Years
Advanced metrics
Modified Duration
1.88 Yrs
Macaulay Duration
2.01 Yrs
Issue Size
₹1,350 Cr
Minimum Investment
₹100,000
(1 Bond)
Market Characteristics
Modified Duration
1.88 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
No call option
Observations
  • This bond is secured.
  • No secondary-market trades recorded in the last 30 days.
  • Coupon is 2.76 percentage points below the median for tracked NCD bonds. (based on 20535 tracked NCD bonds with a stated coupon)
Structured Overview Data as of 25 Sep 2026
Instrument Type
NCD
Issue Date
2025-09-12
Day Count Convention
ACT/ACT
Listed Exchange
BSE
Call / Put Option
None disclosed

BFL-7.24%-12-12-28-PVT is a secured, rated, redeemable ncd issued by Bajaj Finance Limited. The bond offers a fixed coupon of 7.24% p.a. with annual interest payments and repays principal on maturity.

Rating Action History 3 actions
DateAgencyActionRatingOutlookRationale
2026-09-17 CRISIL Initial AAA Stable View →
2026-07-29 CRISIL Other — — View →
2026-07-01 CRISIL Other — — View →
Data Coverage
DatasetRecordsDetailFreshness
Credit Ratings 1 CRISIL 2025-09-30
Rating Actions History 3 — 2026-09-17
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
25 Sep 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 Bajaj Finance 7.24% Dec 2028 NCD?

Bajaj Finance 7.24% Dec 2028 NCD carries a coupon of 7.24%, paid annual, on a face value of ₹100,000.

When does Bajaj Finance 7.24% Dec 2028 NCD mature?

Bajaj Finance 7.24% Dec 2028 NCD matures on 2028-12-12, 2.2 years from today.

What is Bajaj Finance 7.24% Dec 2028 NCD rated?

Bajaj Finance 7.24% Dec 2028 NCD is rated AAA by CRISIL. As of 2025-09-30.

Is Bajaj Finance 7.24% Dec 2028 NCD secured?

Bajaj Finance 7.24% Dec 2028 NCD is a secured bond.

Where does Bajaj Finance 7.24% Dec 2028 NCD trade?

Bajaj Finance 7.24% Dec 2028 NCD is listed on BSE.

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B
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Maturity
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B
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Coupon
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Maturity
02 Dec 2026
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Bajaj Finance 8.10% Jan 2027 NCD
Coupon
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Maturity
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