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Sundaram Finance 7.24% Feb 2028 NCD (INE660A07SC8)

ICRA AAA · NSDL record, 2026 Secured NCD

Sundaram Finance Limited

Secured, Taxable, Redeemable NCD

Browse: bonds maturing in 2028

34 more bonds from Sundaram Finance Limited →
Current YTM
—
No market YTM available
Coupon Rate
7.24%
Per annum
Maturity Date
14 Feb 2028
1.3 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
1.3 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

26 Feb 2027
Interest Payment
₹7,240.00 / Bond
₹6,516.00 net of 10% TDS (est.)
14 Feb 2028
Final coupon (part period) + principal
₹1,07,001.97 / Bond
₹7,001.97 coupon + ₹1,00,000 face value

2 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 26 Feb 2026 Matures 14 Feb 2028

Key Metrics

Coupon Rate
7.24%
YTM (Annual)
—
Credit Rating
AAA
Rating on NSDL record (ICRA, 2026)
Not a current agency rating; see below
Remaining Tenure
1.3 Years

AAA (ICRA): Rating on NSDL record (ICRA, 2026), dated 19 Feb 2026. 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 No current rating from an agency or exchange is on file, so it may be out of date.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
1.12 Yrs
Macaulay Duration
1.20 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
1.12 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 2.96 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
26 Feb 2026
Day Count Convention
ACT/ACT
Listed Exchange
—
Call / Put Option
None disclosed

Sundaram Finance 7.24% Feb 2028 NCD is a secured NCD issued by Sundaram Finance Limited. It pays a 7.24% p.a. coupon, annually. Principal is repaid at maturity.

Rating Action History

1 actions

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

DateAgencyActionRatingOutlookRationale
2026-08-18 CRISIL Update — — View →
Issuer health card · ratings, payment record, defaults, trading, filings Nothing flagged →

Rating Actions on Sundaram 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
2026-08-18 CRISIL Update — View →
Alert me about Sundaram 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 1 ICRA (NSDL record) 2026-02-19
Rating Actions History 1 — 2026-08-18
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
INE660A07SC8
Issue Date
26 Feb 2026
Maturity Date
14 Feb 2028
Listing
—
Payment Frequency
Annual
Put / Call Option
None disclosed
Security
Secured
Day Count
ACT/ACT
View Term Sheet
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Frequently Asked Questions
What is the coupon rate on Sundaram Finance 7.24% Feb 2028 NCD?

Sundaram Finance 7.24% Feb 2028 NCD carries a coupon of 7.24%, paid annual, on a face value of ₹1,00,000.

When does Sundaram Finance 7.24% Feb 2028 NCD mature?

Sundaram Finance 7.24% Feb 2028 NCD matures on 14 Feb 2028, 1.3 years from today.

What is Sundaram Finance 7.24% Feb 2028 NCD rated?

No current rating from an agency or exchange is on file for Sundaram Finance 7.24% Feb 2028 NCD. NSDL's debt master records a rating of AAA by ICRA, dated 19 Feb 2026, often from the time of issue, so it may be out of date.

Is Sundaram Finance 7.24% Feb 2028 NCD secured?

Sundaram Finance 7.24% Feb 2028 NCD is a secured bond.

More Bonds from This Issuer

S
Sundaram Finance 7.75% Dec 2026 NCD
INE660A07RU2
AAA NSDL record, 2024
Coupon
7.75%
Maturity
11 Dec 2026
S
Sundaram Finance 7.35% Apr 2027 NCD
INE660A07RW8
AAA NSDL record, 2025
Coupon
7.35%
Maturity
23 Apr 2027
S
Sundaram Finance 8.48% May 2027 NCD
INE660A08BV2
AA+ NSDL record, 2017
Coupon
8.48%
Maturity
05 May 2027
S
Sundaram Finance 6.99% May 2027 NCD
INE660A07RY4
AAA NSDL record, 2025
Coupon
6.99%
Maturity
28 May 2027
Compare (/) Compare Bonds

Comparable NCDs maturing near 2028

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 7.24%. For comparison only, not a recommendation.

BondIssuerRatingCouponMaturity
INE18UV07012Bajaj Auto Credit LimitedAAA NSDL record, 20257.25%2028-11-27
INE667F07JA5Sundaram Home Finance LimitedAAA NSDL record, 20257.27%2027-05-24
INE752E07OG5Power Grid Corporation of India LimitedAAA7.20%2027-08-09
INE282H07018Jio Credit LimitedAAA7.19%2028-03-15
INE975F07IU2Kotak Mahindra Investments LimitedAAA7.29%2027-07-20
INE916DA7TE6Kotak Mahindra Prime LimitedAAA7.29%2028-10-24

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