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L&T Finance 8.12% Jun 2029 NCD (INE498L07210)

CRISIL AAA Secured NCD

L&T Finance Limited

Secured, Rated, Taxable, Redeemable NCD

Browse: AAA rated bonds · bonds maturing in 2029

89 more bonds from L&T Finance Limited →
Current YTM
—
No current market yield
Coupon Rate
8.12%
Per annum
Maturity Date
29 Jun 2029
2.6 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 in the last 30 days, so the last traded yield is not shown as current. Last trade 7 Sep 2026.
10Y G-Sec Benchmark
7.19%
Reference point, not this bond's tenor
Tenure
2.6 Years
Remaining to maturity

Price vs Yield

— Price (Clean) — Yield (YTM)
27 Jul 20267 Sep 2026

Showing last 10 trades.

Price data as a table: Recent Market Prices

Cashflow Timeline

15 Jun 2027
Interest Payment
₹8,120.00 / Bond
₹7,308.00 net of 10% TDS (est.)
15 Jun 2028
Interest Payment
₹8,120.00 / Bond
₹7,308.00 net of 10% TDS (est.)
15 Jun 2029
Interest Payment
₹8,120.00 / Bond
₹7,308.00 net of 10% TDS (est.)
29 Jun 2029
Final coupon (part period) + principal
₹1,00,311.45 / Bond
₹311.45 coupon + ₹1,00,000 face value

4 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) ● Rating action ┊ Today
Today Reaffirmed: AAA by CARE on 25 Sep 2026 Issued 15 Jun 2026 Matures 29 Jun 2029

1 rating action on file since issue — hover a dot for detail.

Key Metrics

Coupon Rate
8.12%
YTM (Annual)
—
Credit Rating
AAA
(CRISIL) · rated 3 Sep 2025, 14 months ago
Remaining Tenure
2.6 Years

AAA (CRISIL): Rated 3 Sep 2025 (14 months ago).

AAA (CARE): Rated 25 Sep 2026 (44 days 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
2.23 Yrs
Macaulay Duration
2.42 Yrs
Issue Size
₹1,500 Cr
Face Value
₹1,00,000
Per bond. Exchange lot size not on file; check the offer document.

Market Characteristics

Modified Duration
2.23 Yrs
Price sensitivity per 1% yield move
Payment Frequency
Annual
Last Trade
7 Sep 2026
NSE OTC (WAP)
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 2.08 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
15 Jun 2026
Day Count Convention
ACT/ACT
Listed Exchange
—
Call / Put Option
None disclosed

L&T Finance 8.12% Jun 2029 NCD is a secured, rated NCD issued by L&T Finance Limited. It pays an 8.12% 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
25 Sep 2026 CARE AAA — Latest NSE filing →
seen on 28 Jun 2026 CRISIL AAA — Superseded NSE listing
2026 CARE AAA — NSDL record, 2026 NSDL debt master
3 Sep 2025 CRISIL AAA — Latest NSE filing →

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
This bond
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 This bond 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.

Recent Market Prices

Recent BSE trades for INE498L07210: trade date, clean price, YTM and number of trades
Trade DateClean PriceYTM (%)Trades
2026-09-07 100.3596 7.9500 —
2026-08-28 100.3200 7.9700 1
2026-08-27 100.2716 7.9900 1
2026-08-21 100.1904 8.0250 —
2026-08-20 100.1790 8.0350 —
2026-08-19 100.5000 7.9000 1
2026-08-17 100.3802 7.9500 —
2026-08-13 100.6091 7.8600 —
2026-07-29 100.3138 7.9844 —
2026-07-27 100.4533 7.9300 —

Data Coverage

DatasetRecordsDetailFreshness
Credit Ratings 4 CARE, CRISIL 2026-09-25
Rating Actions History 2 — 2026-09-25
Secondary-Market Trades 10 NSE OTC (WAP) 2026-09-07
Reg52(4) Payment Disclosures 0 — —
  • No trade in the last 30 days, so the last traded yield is not shown as current.

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)
₹1,00,359.60
YTM—
Trade Date 7 Sep 2026 62d ago
SourceNSE OTC (WAP)
Accrued interest (est.)₹2,958.79
Dirty price (est.)₹1,03,318.39
View on BSE → Calculate YTM for this bond
Bond Snapshot
ISIN
INE498L07210
Issue Date
15 Jun 2026
Maturity Date
29 Jun 2029
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 8.12% Jun 2029 NCD?

L&T Finance 8.12% Jun 2029 NCD carries a coupon of 8.12%, paid annual, on a face value of ₹1,00,000.

When does L&T Finance 8.12% Jun 2029 NCD mature?

L&T Finance 8.12% Jun 2029 NCD matures on 29 Jun 2029, 2.6 years from today.

What is L&T Finance 8.12% Jun 2029 NCD rated?

L&T Finance 8.12% Jun 2029 NCD is rated AAA by CRISIL (rating dated 3 Sep 2025) and AAA by CARE (rating dated 25 Sep 2026).

Is L&T Finance 8.12% Jun 2029 NCD secured?

L&T Finance 8.12% Jun 2029 NCD is a secured bond.

More Bonds from This Issuer

L
L&T Finance 8.15% Nov 2026 NCD
INE235P07571
AAA NSDL record, 2016
Coupon
8.15%
Maturity
13 Nov 2026
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L&T Finance 7.95% Nov 2026 NCD
INE691I07DW6
AAA
Coupon
7.95%
Maturity
16 Nov 2026
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L&T Finance 8.50% Dec 2026 NCD
INE027E07BB0
AAA
Coupon
8.50%
Maturity
23 Dec 2026
L
L&T Finance 8.65% Dec 2026 NCD
INE027E07BC8
AAA
Coupon
8.65%
Maturity
23 Dec 2026
Compare (/) Compare Bonds

Comparable NCDs maturing near 2029

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 8.12%. For comparison only, not a recommendation.

BondIssuerRatingCouponMaturity
INE756I07EW5HDB Financial Services LimitedAAA8.13%2028-11-16
INE261F08EW0National Bank for Agriculture and Rural Development—8.13%2030-01-11
INE860H07JA2Aditya Birla Capital LimitedAAA8.10%2029-09-07
INE033L07IB8Tata Capital Housing Finance LimitedAAA NSDL record, 20238.10%2028-12-13
INE18UV07020Bajaj Auto Credit LimitedAAA NSDL record, 20268.10%2029-06-19
INE00V208157John Deere Financial India Private LimitedAAA8.10%2029-08-19

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