Market closed today (Weekend) · Prices and yields as of last trading day, 06 Nov 2026
Happy Diwali from all of us at RetailBonds
A

Axis Max Life Insurance 8.34% Feb 2035 NCD (INE511N08024)

ICRA AA+ · NSDL record, 2025 Unsecured NCD

Axis Max Life Insurance Limited

Unsecured, Taxable, Redeemable NCD

Browse: bonds maturing in 2035

3 more bonds from Axis Max Life Insurance Limited →
Current YTM
—
No market YTM available
Coupon Rate
8.34%
Per annum
Maturity Date
18 Feb 2035
8.3 Yrs to Maturity
Interest Payment
Annual
Frequency
Face Value
₹1,00,000
Per Bond

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
8.3 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

18 Feb 2027
Interest Payment
₹8,340.00 / Bond
₹7,506.00 net of 10% TDS (est.)
18 Feb 2028
Interest Payment
₹8,340.00 / Bond
₹7,506.00 net of 10% TDS (est.)
18 Feb 2029
Interest Payment
₹8,340.00 / Bond
₹7,506.00 net of 10% TDS (est.)
18 Feb 2030
Interest Payment
₹8,340.00 / Bond
₹7,506.00 net of 10% TDS (est.)
18 Feb 2031
Interest Payment
₹8,340.00 / Bond
₹7,506.00 net of 10% TDS (est.)
18 Feb 2032
Interest Payment
₹8,340.00 / Bond
₹7,506.00 net of 10% TDS (est.)
18 Feb 2033
Interest Payment
₹8,340.00 / Bond
₹7,506.00 net of 10% TDS (est.)
18 Feb 2034
Interest Payment
₹8,340.00 / Bond
₹7,506.00 net of 10% TDS (est.)
18 Feb 2035
Final coupon + principal
₹1,08,340.00 / Bond
₹8,340.00 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
8.34%
YTM (Annual)
—
Credit Rating
AA+
Rating on NSDL record (ICRA, 2025)
Not a current agency rating; see below
Remaining Tenure
8.3 Years

AA+ (ICRA): Rating on NSDL record (ICRA, 2025), dated 6 Jan 2025. The rating NSDL's debt master records for this instrument, often from the time of issue. No current rating from an agency or exchange is on file, so it may be out of date.

Advanced metrics
Modified Duration
5.49 Yrs
Macaulay Duration
5.95 Yrs
Issue Size
₹500 Cr
Face Value
₹1,00,000
Per bond. Exchange lot size not on file; check the offer document.

Market Characteristics

Modified Duration
5.49 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 1.86 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
18 Feb 2025
Day Count Convention
ACT/ACT
Listed Exchange
—
Call / Put Option
Callable

Issued by Axis Max Life Insurance Limited, Axis Max Life Insurance 8.34% Feb 2035 NCD is an unsecured NCD. It pays an 8.34% p.a. coupon, annually. Principal is repaid at maturity. The issuer holds the right to redeem it before the maturity date.

Issuer health card · ratings, payment record, defaults, trading, filings Nothing flagged →
Alert me about Axis Max Life Insurance 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 1 ICRA (NSDL record) 2025-01-06
Rating Actions History 0 — —
Secondary-Market Trades 0 — —
Reg52(4) Payment Disclosures 0 — —
  • No current rating from an agency or exchange on file; the rating shown is the one NSDL's debt master records, often from the time of issue.
  • 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
INE511N08024
Issue Date
18 Feb 2025
Maturity Date
18 Feb 2035
Listing
—
Payment Frequency
Annual
Put / Call Option
Call
Security
Unsecured
Day Count
ACT/ACT
View Term Sheet
Rating Alerts

Get notified of downgrades, upgrades, and credit watches across all tracked bonds.

Subscribe Free

Weekly digest. No spam. Unsubscribe anytime.

Frequently Asked Questions
What is the coupon rate on Axis Max Life Insurance 8.34% Feb 2035 NCD?

Axis Max Life Insurance 8.34% Feb 2035 NCD carries a coupon of 8.34%, paid annual, on a face value of ₹1,00,000.

When does Axis Max Life Insurance 8.34% Feb 2035 NCD mature?

Axis Max Life Insurance 8.34% Feb 2035 NCD matures on 18 Feb 2035, 8.3 years from today.

What is Axis Max Life Insurance 8.34% Feb 2035 NCD rated?

No current rating from an agency or exchange is on file for Axis Max Life Insurance 8.34% Feb 2035 NCD. NSDL's debt master records a rating of AA+ by ICRA, dated 6 Jan 2025, often from the time of issue, so it may be out of date.

Is Axis Max Life Insurance 8.34% Feb 2035 NCD secured?

Axis Max Life Insurance 8.34% Feb 2035 NCD is unsecured; holders rank alongside other unsecured creditors in the event of default.

Can Axis Max Life Insurance 8.34% Feb 2035 NCD be called or put back early?

Axis Max Life Insurance 8.34% Feb 2035 NCD is callable -- the issuer may redeem it before maturity on scheduled call dates.

More Bonds from This Issuer

A
Axis Max Life Insurance 7.50% Aug 2031 NCD
INE511N08016
AA+ NSDL record, 2021 Reg52 disclosed
Coupon
7.50%
Maturity
02 Aug 2031
A
Axis Max Life Insurance 7.95% Sep 2035 NCD
INE511N08032
Coupon
7.95%
Maturity
24 Sep 2035
A
Axis Max Life Insurance 8.60% Sep 2036 NCD
INE511N08040
Coupon
8.60%
Maturity
28 Sep 2036
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 8.34%. For comparison only, not a recommendation.

BondIssuerRatingCouponMaturity
INE950O08295Mahindra Rural Housing Finance LimitedAAA8.35%2034-12-22
INE01MM08012SBI General Insurance Company LimitedAAA8.35%2034-02-21
INE860H08EL8Aditya Birla Capital LimitedAAA8.31%2034-07-11
INE774D08MY6Mahindra and Mahindra Financial Services LimitedAAA8.30%2035-02-27
INE018E08367SBI Cards and Payment Services LimitedAAA8.25%2034-08-08
INE235P07AF8L&T Finance LimitedAAA8.10%2034-10-21

← Back to screener