B

Bank OF Maharashtra 7.89% Jul 2034 NCD

AA Unsecured NCD

Bank of maharashtra

Unsecured, Rated, Taxable, Redeemable NCD

Browse: AA rated bonds · bonds maturing in 2034

Current YTM
No live YTM available
Coupon Rate
7.89%
Per annum
Maturity Date
04 Jul 2034
7.9 Yrs to Maturity
Interest Payment
Annual
Frequency
Face Value
₹10,000,000
Per Bond
Market Position
YTM (Annual) EST
~7.89%
Proxied from coupon — no live trade, not a true YTM
10Y G-Sec Benchmark
6.68%
Reference point, not this bond's tenor
Spread over G-Sec
+134 bps
vs 7.9Y G-Sec at 6.55% *
Below the median spread for similar-tenor peers
Tenure
7.9 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
4 Jul 2027
Interest Payment
₹789,000.00 / Bond
4 Jul 2028
Interest Payment
₹789,000.00 / Bond
4 Jul 2029
Interest Payment
₹789,000.00 / Bond
4 Jul 2030
Interest Payment
₹789,000.00 / Bond
4 Jul 2031
Interest Payment
₹789,000.00 / Bond
4 Jul 2032
Interest Payment
₹789,000.00 / Bond
4 Jul 2033
Interest Payment
₹789,000.00 / Bond
4 Jul 2034
Principal Payment
₹10,000,000.00 / Bond

Next 7 coupons + principal at maturity · per ₹10,000,000 face value

Bond Timeline
— Issue / Maturity | Coupon (projected) ┊ Today
Today Issued 2024-07-04 Matures 2034-07-04
Key Metrics
Coupon Rate
7.89%
YTM (Annual)
Credit Rating
AA
(ICRA)
Remaining Tenure
7.9 Years
Advanced metrics
Modified Duration
5.63 Yrs
Macaulay Duration
6.08 Yrs
Issue Size
₹1,000 Cr
Minimum Investment
₹10,000,000
(1 Bond)
Market Characteristics
Modified Duration
5.63 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
Callable
Observations
  • This bond is unsecured.
  • No secondary-market trades recorded in the last 30 days.
  • Coupon is 2.11 percentage points below the median for tracked NCD bonds. (based on 18935 tracked NCD bonds with a stated coupon)
Structured Overview Data as of 16 Jul 2026
Instrument Type
NCD
Issue Date
2024-07-04
Day Count Convention
30/360
Listed Exchange
Call / Put Option
Callable

Bank of maharashtra issued this rated, ncd (7.89% UNSECURED RATED LISTED REDEEMABLE TIER 2 NON CONVERTIBLE BONDS IN THE NATURE OF DEBENTURES. LETTER OF ALLOTMENT SERIES VIII DATE OF MATURITY 04/07/2034.) carrying a 7.89% p.a. coupon, paid annual. It repays principal on maturity. The issuer holds the right to redeem the bond before maturity date.

Data Coverage
DatasetRecordsDetailFreshness
Credit Ratings 1 ICRA 2026-07-21
Rating Actions History 0
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
nsdl_master_promoted
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 Bank OF Maharashtra 7.89% Jul 2034 NCD?

Bank OF Maharashtra 7.89% Jul 2034 NCD carries a coupon of 7.89%, paid annual, on a face value of ₹10,000,000.

When does Bank OF Maharashtra 7.89% Jul 2034 NCD mature?

Bank OF Maharashtra 7.89% Jul 2034 NCD matures on 2034-07-04, 7.9 years from today.

What is Bank OF Maharashtra 7.89% Jul 2034 NCD rated?

Bank OF Maharashtra 7.89% Jul 2034 NCD is rated AA by ICRA. As of 2026-07-21.

Is Bank OF Maharashtra 7.89% Jul 2034 NCD secured?

Bank OF Maharashtra 7.89% Jul 2034 NCD is unsecured; holders rank alongside other unsecured creditors in the event of default.

Can Bank OF Maharashtra 7.89% Jul 2034 NCD be called or put back early?

Bank OF Maharashtra 7.89% Jul 2034 NCD is callable -- the issuer may redeem it before maturity on scheduled call dates.

More Bonds from This Issuer
B
Bank of maharashtra 9.20% Sep 2026 NCD
AA
Coupon
9.20%
Maturity
27 Sep 2026
B
Bank of maharashtra 8.70% Mar 2030 NCD
A
Coupon
8.70%
Maturity
06 Mar 2030
B
Bank of maharashtra 7.75% Dec 2030 NCD
AA
Coupon
7.75%
Maturity
13 Dec 2030
B
Bank of maharashtra 8.00% Feb 2031 NCD
AA
Coupon
8.00%
Maturity
11 Feb 2031
Compare (/) Compare Bonds

← Back to screener