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B

Bank of Maharashtra 7.70% Feb 2035 NCD (INE457A08183)

ICRA AA Unsecured NCD

Bank of Maharashtra

Unsecured, Rated, Taxable, Redeemable NCD

Browse: AA rated bonds · bonds maturing in 2035

16 more bonds from Bank of Maharashtra →
Current YTM
8.25%
Market YTM
Coupon Rate
7.70%
Per annum
Maturity Date
18 Feb 2035
8.3 Yrs to Maturity
Interest Payment
Annual
Frequency
Face Value
₹1,00,000
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)
8.25%
Last traded 4 Nov 2026 (end of day)
10Y G-Sec Benchmark
7.19%
Reference point, not this bond's tenor
Spread over G-Sec
+92 bps
vs 8.3Y G-Sec at 7.33%
Below the median spread for similar-tenor peers
Tenure
8.3 Years
Remaining to maturity

Price vs Yield

— Price (Clean) — Yield (YTM)
6 Oct 20264 Nov 2026

Showing last 10 trades.

Price data as a table: Recent Market Prices

Cashflow Timeline

18 Feb 2027
Interest Payment
₹7,700.00 / Bond
₹6,930.00 net of 10% TDS (est.)
18 Feb 2028
Interest Payment
₹7,700.00 / Bond
₹6,930.00 net of 10% TDS (est.)
18 Feb 2029
Interest Payment
₹7,700.00 / Bond
₹6,930.00 net of 10% TDS (est.)
18 Feb 2030
Interest Payment
₹7,700.00 / Bond
₹6,930.00 net of 10% TDS (est.)
18 Feb 2031
Interest Payment
₹7,700.00 / Bond
₹6,930.00 net of 10% TDS (est.)
18 Feb 2032
Interest Payment
₹7,700.00 / Bond
₹6,930.00 net of 10% TDS (est.)
18 Feb 2033
Interest Payment
₹7,700.00 / Bond
₹6,930.00 net of 10% TDS (est.)
18 Feb 2034
Interest Payment
₹7,700.00 / Bond
₹6,930.00 net of 10% TDS (est.)
18 Feb 2035
Final coupon + principal
₹1,07,700.00 / Bond
₹7,700.00 coupon + ₹1,00,000 face value

9 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 18 Feb 2025 Matures 18 Feb 2035

Key Metrics

Coupon Rate
7.70%
YTM (Annual)
8.25%
Credit Rating
AA
(ICRA) · rated 21 Jul 2026, 3 months ago
Remaining Tenure
8.3 Years

AA (ICRA): Rated 21 Jul 2026 (3 months ago).

AA+ (CARE): Rated 2 Jul 2026 (4 months ago).

With more than one agency, the rating shown at the top is the lowest of those dated within the last 15 months (or the newest, when none is). How we pick it →

Advanced metrics
Modified Duration
5.59 Yrs
Macaulay Duration
6.05 Yrs
Issue Size
₹1,612 Cr
Minimum Investment
₹1,00,000
1 bond × ₹1,00,000 face value (BSE market lot)

Market Characteristics

Modified Duration
5.59 Yrs
Price sensitivity per 1% yield move
Payment Frequency
Annual
Last Trade
4 Nov 2026
NSE OTC (WAP)
Trades (30 Days)
2
Exchange-reported sessions
Security Status
Unsecured
No call option

Observations

  • This bond is unsecured.
  • 2 secondary-market trades recorded in the last 30 days.
  • Coupon is 2.50 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
Instrument Type
NCD
Issue Date
18 Feb 2025
Day Count Convention
ACT/ACT
Listed Exchange
BSE
Call / Put Option
None disclosed

Bank of Maharashtra 7.70% Feb 2035 NCD is an unsecured, rated NCD issued by Bank of Maharashtra. It pays a 7.70% p.a. coupon, annually. Principal is repaid at maturity.

Rating Timeline

4 ratings on file

Every rating we hold for this ISIN, from every agency and source, newest first. NSE listing dates are the day we first saw the rating there, not the agency’s date.

DateAgencyRatingOutlookStatusSource
21 Jul 2026 ICRA AA — Latest NSE filing →
2 Jul 2026 CARE AA+ Stable Latest CARE press release →
28 Feb 2025 CARE AA+ — Superseded BSE listing
2025 ICRA AA+ — NSDL record, 2025 NSDL debt master

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.

DateAgencyActionRatingOutlookRationale
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.

DateAgencyActionRatingRationale
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.

Recent Market Prices

Recent BSE trades for INE457A08183: trade date, clean price, YTM and number of trades
Trade DateClean PriceYTM (%)Trades
2026-11-04 96.7000 8.2500 —
2026-10-09 97.1831 8.1600 —
2026-10-06 97.1831 8.1600 —

Data Coverage

DatasetRecordsDetailFreshness
Credit Ratings 4 CARE, ICRA 2026-07-21
Rating Actions History 1 — 2026-11-03
Secondary-Market Trades 3 NSE OTC (WAP) 2026-11-04
Reg52(4) Payment Disclosures 0 — —

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.

Current Price (Clean)
₹96,700.00
YTM8.25%
Trade Date 4 Nov 2026 4d ago
SourceNSE OTC (WAP)
Accrued interest (est.)₹5,569.32
Dirty price (est.)₹1,02,269.32
View on BSE → Calculate YTM for this bond
Bond Snapshot
ISIN
INE457A08183
Issue Date
18 Feb 2025
Maturity Date
18 Feb 2035
Listing
BSE
Payment Frequency
Annual
Put / Call Option
None disclosed
Security
Unsecured
Day Count
ACT/ACT
View Term Sheet
Rating Alerts

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Frequently Asked Questions
What is the coupon rate on Bank of Maharashtra 7.70% Feb 2035 NCD?

Bank of Maharashtra 7.70% Feb 2035 NCD carries a coupon of 7.70%, paid annual, on a face value of ₹1,00,000.

When does Bank of Maharashtra 7.70% Feb 2035 NCD mature?

Bank of Maharashtra 7.70% Feb 2035 NCD matures on 18 Feb 2035, 8.3 years from today.

What is Bank of Maharashtra 7.70% Feb 2035 NCD rated?

Bank of Maharashtra 7.70% Feb 2035 NCD is rated AA by ICRA (rating dated 21 Jul 2026) and AA+ by CARE (rating dated 2 Jul 2026).

Is Bank of Maharashtra 7.70% Feb 2035 NCD secured?

Bank of Maharashtra 7.70% Feb 2035 NCD is unsecured; holders rank alongside other unsecured creditors in the event of default.

Where does Bank of Maharashtra 7.70% Feb 2035 NCD trade?

Bank of Maharashtra 7.70% Feb 2035 NCD is listed on BSE.

What yield does Bank of Maharashtra 7.70% Feb 2035 NCD currently offer?

The last recorded trade on 4 Nov 2026 priced Bank of Maharashtra 7.70% Feb 2035 NCD at ₹96,700.00 per bond, implying a yield to maturity of 8.25%.

More Bonds from This Issuer

B
Bank of Maharashtra 8.70% Mar 2030 NCD
INE457A08050
A+
Coupon
8.70%
Maturity
06 Mar 2030
B
Bank of Maharashtra 7.75% Dec 2030 NCD
INE457A08068
AA
Coupon
7.75%
Maturity
13 Dec 2030
B
Bank of Maharashtra 8.00% Feb 2031 NCD
INE457A08076
AA
Coupon
8.00%
Maturity
11 Feb 2031
B
Bank of Maharashtra 8.00% Mar 2031 NCD
INE457A08084
AA-
Coupon
8.00%
Maturity
23 Mar 2031
Compare (/) Compare Bonds

Comparable NCDs maturing near 2035

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 7.70%. For comparison only, not a recommendation.

BondIssuerRatingCouponMaturity
INE726G08030ICICI Prudential Life Insurance Company LimitedAAA7.69%2035-11-28
INE115A07QR5LIC Housing Finance LimitedAAA NSDL record, 20247.68%2034-05-29
INE812V08060THDC India LimitedAA7.73%2035-02-18
INE115A07QP9LIC Housing Finance LimitedAAA NSDL record, 20247.73%2034-03-22
INE848E08516NHPC LimitedAAA7.67%2034-05-29
INE028A08166Bank of BarodaAAA7.75%2034-09-11

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