Bank of Maharashtra 8.00% Mar 2031 NCD (INE457A08084)

Brickwork AA- Unsecured NCD

Bank of Maharashtra

Unsecured, Rated, Taxable, Redeemable NCD

Browse: AA rated bonds · bonds maturing in 2031

16 more bonds from Bank of Maharashtra →

Current YTM

—

No market YTM available

Coupon Rate

8.00%

Per annum

Maturity Date

23 Mar 2031

4.4 Yrs to Maturity

Interest Payment

Annual

Frequency

Face Value

₹10,00,000

Per Bond

Issuer events

Last 90 days · company disclosures to the exchanges and agency announcements. Not our assessment.

21 Oct 2026 Interest payment notice Annual interest payment on bonds INE457A08092
25 Sep 2026 Interest payment notice Interest and Redemption Payment on Maturity for ISIN INE457A08035
18 Sep 2026 Interest payment notice Annual interest payment on bonds INE457A08142
8 Sep 2026 Interest payment notice Annual interest payment on bonds INE457A08118
3 Sep 2026 Record date Intimation of record date on redemption of bonds (INE457A08035)

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

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.

Showing last 10 trades.

Cashflow Timeline

23 Mar 2027

Interest Payment

₹80,000.00 / Bond

₹72,000.00 net of 10% TDS (est.)

23 Mar 2028

Interest Payment

₹80,000.00 / Bond

₹72,000.00 net of 10% TDS (est.)

23 Mar 2029

Interest Payment

₹80,000.00 / Bond

₹72,000.00 net of 10% TDS (est.)

23 Mar 2030

Interest Payment

₹80,000.00 / Bond

₹72,000.00 net of 10% TDS (est.)

23 Mar 2031

Final coupon + principal

₹10,80,000.00 / Bond

₹80,000.00 coupon + ₹10,00,000 face value

5 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

8.00%

YTM (Annual)

—

Credit Rating

AA-

(Brickwork) · rated 31 Mar 2021, 5 years ago

Over 15 months old; see below

Remaining Tenure

4.4 Years

AA- (Brickwork): Rated 31 Mar 2021 (5 years ago) — no review in the last 15 months that our sources show; the agency may have reviewed it since.

Advanced metrics

Modified Duration

3.41 Yrs

Macaulay Duration

3.68 Yrs

Issue Size

₹100 Cr

Minimum Investment

₹1,00,00,000

10 bonds × ₹10,00,000 face value (BSE market lot)

Market Characteristics

Modified Duration

3.41 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 2.20 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 2026

Issuer

Bank of Maharashtra

Instrument Type

NCD

Issue Date

23 Mar 2021

Day Count Convention

ACT/ACT

Listed Exchange

BSE

Call / Put Option

None disclosed

Bank of Maharashtra 8.00% Mar 2031 NCD is an unsecured, rated NCD issued by Bank of Maharashtra. It pays an 8.00% p.a. coupon, annually. Principal is repaid at maturity.

Rating Action History

1 actions

Agency actions on Bank of Maharashtra 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
2026-11-03	CRISIL	Reaffirm	A1+	—	View →

Issuer health card · ratings, payment record, defaults, trading, filings 1 item to look at →

Rating Actions on Bank of Maharashtra

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
2026-11-03	CRISIL	Reaffirm	A1+	View →

Alert me about Bank of Maharashtra 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	Brickwork	2021-03-31
Rating Actions History	1	—	2026-11-03
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: 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.

Frequently Asked Questions

What is the coupon rate on Bank of Maharashtra 8.00% Mar 2031 NCD?

Bank of Maharashtra 8.00% Mar 2031 NCD carries a coupon of 8.00%, paid annual, on a face value of ₹10,00,000.

When does Bank of Maharashtra 8.00% Mar 2031 NCD mature?

Bank of Maharashtra 8.00% Mar 2031 NCD matures on 23 Mar 2031, 4.4 years from today.

What is Bank of Maharashtra 8.00% Mar 2031 NCD rated?

Bank of Maharashtra 8.00% Mar 2031 NCD is rated AA- by Brickwork (rating dated 31 Mar 2021).

Is Bank of Maharashtra 8.00% Mar 2031 NCD secured?

Bank of Maharashtra 8.00% Mar 2031 NCD is unsecured; holders rank alongside other unsecured creditors in the event of default.

Where does Bank of Maharashtra 8.00% Mar 2031 NCD trade?

Bank of Maharashtra 8.00% Mar 2031 NCD is listed on BSE.

More Bonds from This Issuer

Bank of Maharashtra 8.70% Mar 2030 NCD

INE457A08050

A+

Coupon

8.70%

Maturity

06 Mar 2030

View Details

Bank of Maharashtra 7.75% Dec 2030 NCD

INE457A08068

Coupon

7.75%

Maturity

13 Dec 2030

View Details

Bank of Maharashtra 8.00% Feb 2031 NCD

INE457A08076

Coupon

8.00%

Maturity

11 Feb 2031

View Details

Bank of Maharashtra 7.86% Oct 2031 NCD

INE457A08092

AA+ Reg52 disclosed

Coupon

7.86%

Maturity

21 Oct 2031

View Details

Compare (/) Compare Bonds

Comparable NCDs maturing near 2031

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 8.00%. For comparison only, not a recommendation.

Bond	Issuer	Rating	Coupon	Maturity
INE721A07QO7	Shriram Finance Limited	AA+	8.00%	2031-12-26
INE2PI907018	Muthoottu Infotech Private Limited	—	8.00%	2030-12-29
INE2SC707015	Muthoottu Mini Theatres Private Limited	—	8.00%	2031-02-26
INE296A07TX5	Bajaj Finance Limited	AAA	8.00%	2031-05-12
INE2VY607016	Muthoottu Mini Hotels Private Limited	—	8.00%	2031-05-15
INE071G08AH0	ICICI Home Finance Company Limited	AAA	8.02%	2030-06-10

← Back to screener