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L&T Finance 7.90% Sep 2034 NCD (INE498L07095)

CRISIL AAA Secured NCD

L&T Finance Limited

Secured, Rated, Taxable, Redeemable NCD

Browse: AAA rated bonds · bonds maturing in 2034

89 more bonds from L&T Finance Limited →
Current YTM
—
No market YTM available
Coupon Rate
7.90%
Per annum
Maturity Date
08 Sep 2034
7.8 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.
  • 25 Aug 2026 New rating assigned to AAA CRISIL

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
7.8 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

13 Sep 2027
Interest Payment
₹7,900.00 / Bond
₹7,110.00 net of 10% TDS (est.)
13 Sep 2028
Interest Payment
₹7,900.00 / Bond
₹7,110.00 net of 10% TDS (est.)
13 Sep 2029
Interest Payment
₹7,900.00 / Bond
₹7,110.00 net of 10% TDS (est.)
13 Sep 2030
Interest Payment
₹7,900.00 / Bond
₹7,110.00 net of 10% TDS (est.)
13 Sep 2031
Interest Payment
₹7,900.00 / Bond
₹7,110.00 net of 10% TDS (est.)
13 Sep 2032
Interest Payment
₹7,900.00 / Bond
₹7,110.00 net of 10% TDS (est.)
13 Sep 2033
Interest Payment
₹7,900.00 / Bond
₹7,110.00 net of 10% TDS (est.)
8 Sep 2034
Final coupon (part period) + principal
₹1,07,791.78 / Bond
₹7,791.78 coupon + ₹1,00,000 face value

8 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.

Payment Disclosures (SEBI Reg52(4))

1 disclosed
Due DateTypeAmount DueAmount PaidStatusFiling
2026-09-13 Interest ₹79,00,00,000.00 ₹79,00,00,000.00 Paid XBRL →
Non-payment reason: NA

Source: NSE Debt Centralised Database (corporate-interest-payment / corporate-redemption-payment), per SEBI LODR Reg 52(4)/60. Coverage begins 2 Aug 2026 — history accumulates as disclosures are broadcast.

Bond Timeline

— Issue / Maturity | Coupon (projected) ◆ Reg52(4) disclosed ┊ Today
Today Interest paid (SEBI Reg52(4) disclosure) — due 13 Sep 2026 Issued 13 Sep 2024 Matures 8 Sep 2034

1 SEBI Reg52(4) disclosed payment — hover a square/diamond for detail.

Key Metrics

Coupon Rate
7.90%
YTM (Annual)
—
Credit Rating
AAA
(CRISIL) · rated 3 Sep 2025, 14 months ago
Remaining Tenure
7.8 Years
Advanced metrics
Modified Duration
5.61 Yrs
Macaulay Duration
6.05 Yrs
Issue Size
₹1,000 Cr
Face Value
₹1,00,000
Per bond. Exchange lot size not on file; check the offer document.

Market Characteristics

Modified Duration
5.61 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 2.30 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 16 Jul 2026
Instrument Type
NCD
Issue Date
13 Sep 2024
Day Count Convention
ACT/ACT
Listed Exchange
—
Call / Put Option
None disclosed

L&T Finance Limited issued L&T Finance 7.90% Sep 2034 NCD, a secured, rated NCD. It pays a 7.90% p.a. coupon, annually. Principal is repaid at maturity.

Rating Timeline

3 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
seen on 28 Jun 2026 CRISIL AAA — Superseded NSE listing
3 Sep 2025 CRISIL AAA — Latest NSE filing →
2024 India Ratings AAA — NSDL record, 2024 NSDL debt master

Rating Action History

2 actions

Agency actions on L&T Finance Limited and its instruments, not only this bond. Rows marked “This bond” carry this ISIN or an exchange filing that names it.

DateAgencyActionRatingOutlookRationale
2026-09-25 CARE Reaffirm AAA Stable NSE filing →
2026-08-25 CRISIL Initial AAA Stable View →
Issuer health card · ratings, payment record, defaults, trading, filings 1 item to look at →

Rating Actions on L&T Finance 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
2026-09-25 CARE Reaffirm AAA / Stable NSE filing →
2026-08-25 CRISIL Initial AAA / Stable View →
Alert me about L&T Finance 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 3 CRISIL, India Ratings 2026-06-28
Rating Actions History 2 — 2026-09-25
Secondary-Market Trades 0 — —
Reg52(4) Payment Disclosures 1 NSE 2026-09-13
  • No secondary-market trade with a usable price on record, so no market yield or spread is shown.

Documents

Entity metadata
Source
NSDL debt master
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.

Current Price (Clean)
—

No recent trade data available

View on BSE → Calculate YTM for this bond
Bond Snapshot
ISIN
INE498L07095
Issue Date
13 Sep 2024
Maturity Date
8 Sep 2034
Listing
—
Payment Frequency
Annual
Put / Call Option
None disclosed
Security
Secured
Day Count
ACT/ACT
View Term Sheet
Rating Alerts

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Frequently Asked Questions
What is the coupon rate on L&T Finance 7.90% Sep 2034 NCD?

L&T Finance 7.90% Sep 2034 NCD carries a coupon of 7.90%, paid annual, on a face value of ₹1,00,000.

When does L&T Finance 7.90% Sep 2034 NCD mature?

L&T Finance 7.90% Sep 2034 NCD matures on 8 Sep 2034, 7.8 years from today.

What is L&T Finance 7.90% Sep 2034 NCD rated?

L&T Finance 7.90% Sep 2034 NCD is rated AAA by CRISIL (rating dated 3 Sep 2025).

Is L&T Finance 7.90% Sep 2034 NCD secured?

L&T Finance 7.90% Sep 2034 NCD is a secured bond.

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Maturity
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Comparable NCDs maturing near 2034

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 7.90%. For comparison only, not a recommendation.

BondIssuerRatingCouponMaturity
INE296A07SY5Bajaj Finance LimitedAAA7.93%2034-05-02
INE296A07SU3Bajaj Finance LimitedAAA7.87%2034-02-08
INE053F07BS7Indian Railway Finance Corporation LimitedAAA7.85%2034-07-01
INE261F08BP0National Bank for Agriculture and Rural DevelopmentAAA NSDL record, 20197.83%2034-10-17
INE306N07NN9Tata Capital LimitedAAA7.99%2034-02-08
INE0BWS07011Altius Telecom Infrastructure TrustAAA NSDL record, 20248.00%2034-08-30

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