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Tvs Credit Services 9.50% Jan 2028 NCD

AA Unsecured NCD

Tvs Credit Services Limited

Unsecured, Rated, Taxable, Redeemable NCD

Browse: AA rated bonds · bonds maturing in 2028

Current YTM
No live YTM available
Coupon Rate
9.50%
Per annum
Maturity Date
31 Jan 2028
1.4 Yrs to Maturity
Interest Payment
Annual
Frequency
Face Value
₹10,000,000
Per Bond
Market Position
YTM (Annual) EST
~9.50%
Proxied from coupon — no live trade, not a true YTM
10Y G-Sec Benchmark
6.66%
Reference point, not this bond's tenor
Spread over G-Sec
+355 bps
vs 1.4Y G-Sec at 5.95% *
Above the median spread for similar-tenor peers
Tenure
1.4 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.
Cashflow Timeline
26 Jul 2027
Interest Payment
₹950,000.00 / Bond
31 Jan 2028
Principal Payment
₹10,000,000.00 / Bond

Next 1 coupon + principal at maturity · per ₹10,000,000 face value

Payment Disclosures (SEBI Reg52(4)) 1 disclosed
Due DateTypeAmount DueAmount PaidStatusFiling
2026-07-26 Interest ₹289,800,000.00 ₹289,800,000.00 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 2026-08-02 -- history accumulates as disclosures are broadcast.

Bond Timeline
— Issue / Maturity | Coupon (projected) ● Rating action ◆ Reg52(4) disclosed ┊ Today
Today Rating action: by CRISIL on 2026-08-13 Interest paid (SEBI Reg52(4) disclosure) — due 2026-07-26 Issued 2022-07-26 Matures 2028-01-31

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

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

Key Metrics
Coupon Rate
9.50%
YTM (Annual)
Credit Rating
AA
(CRISIL)
Remaining Tenure
1.4 Years
Advanced metrics
Modified Duration
1.22 Yrs
Macaulay Duration
1.34 Yrs
Issue Size
₹305 Cr
Minimum Investment
₹10,000,000
(1 Bond)
Market Characteristics
Modified Duration
1.22 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
No call option
Observations
  • This bond is unsecured.
  • No secondary-market trades recorded in the last 30 days.
  • Coupon is 0.50 percentage points below the median for tracked NCD bonds. (based on 18927 tracked NCD bonds with a stated coupon)
Structured Overview Data as of 16 Jul 2026
Instrument Type
NCD
Issue Date
2022-07-26
Day Count Convention
30/360
Listed Exchange
Call / Put Option
None disclosed

Tvs Credit Services Limited issued this rated, ncd (9.5% UNSECURED RATED LISTED SUBORDINATE TIER II REDEEMABLE NON CONVERTIBLE DEBENTURE. DATE OF MATURITY 31/01/2028.) carrying a 9.50% p.a. coupon, paid annual. It repays principal on maturity.

Rating Action History 1 actions
DateAgencyActionRatingOutlookRationale
2026-08-13 CRISIL Other View →
Data Coverage
DatasetRecordsDetailFreshness
Credit Ratings 1 CRISIL 2022-07-07
Rating Actions History 1 2026-08-13
Secondary-Market Trades 0
Reg52(4) Payment Disclosures 1 NSE 2026-07-26
  • No secondary-market trades recorded — YTM figures use the coupon rate as a proxy.
Documents
Entity metadata
Source
nsdl_master_promoted
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.

Frequently Asked Questions
What is the coupon rate on Tvs Credit Services 9.50% Jan 2028 NCD?

Tvs Credit Services 9.50% Jan 2028 NCD carries a coupon of 9.50%, paid annual, on a face value of ₹10,000,000.

When does Tvs Credit Services 9.50% Jan 2028 NCD mature?

Tvs Credit Services 9.50% Jan 2028 NCD matures on 2028-01-31, 1.4 years from today.

What is Tvs Credit Services 9.50% Jan 2028 NCD rated?

Tvs Credit Services 9.50% Jan 2028 NCD is rated AA by CRISIL. As of 2022-07-07.

Is Tvs Credit Services 9.50% Jan 2028 NCD secured?

Tvs Credit Services 9.50% Jan 2028 NCD is unsecured; holders rank alongside other unsecured creditors in the event of default.

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