M

Mahindra and Mahindra Financ… 7.35% Jul 2031 NCD

AAA Unsecured NCD

Mahindra and Mahindra Financial Services Limited

Unsecured, Rated, Taxable, Redeemable NCD

Browse: AAA rated bonds · bonds maturing in 2031

Current YTM
No live YTM available
Coupon Rate
7.35%
Per annum
Maturity Date
04 Jul 2031
4.9 Yrs to Maturity
Interest Payment
Annual
Frequency
Face Value
₹1,000,000
Per Bond
Market Position
YTM (Annual) EST
~7.35%
Proxied from coupon — no live trade, not a true YTM
10Y G-Sec Benchmark
6.68%
Reference point, not this bond's tenor
Spread over G-Sec
+89 bps
vs 4.9Y G-Sec at 6.46% *
Below the median spread for similar-tenor peers
Tenure
4.9 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
5 Jul 2027
Interest Payment
₹73,500.00 / Bond
5 Jul 2028
Interest Payment
₹73,500.00 / Bond
5 Jul 2029
Interest Payment
₹73,500.00 / Bond
5 Jul 2030
Interest Payment
₹73,500.00 / Bond
4 Jul 2031
Principal Payment
₹1,000,000.00 / Bond

Next 4 coupons + principal at maturity · per ₹1,000,000 face value

Bond Timeline
— Issue / Maturity | Coupon (projected) ● Rating action ┊ Today
Today Rating action: by CRISIL on 2026-08-14 Initial rating: BB by CRISIL on 2026-06-26 Issued 2021-07-05 Matures 2031-07-04

2 rating actions on file since issue — hover a dot for detail.

Key Metrics
Coupon Rate
7.35%
YTM (Annual)
Credit Rating
AAA
(CARE)
Remaining Tenure
4.9 Years
Advanced metrics
Modified Duration
3.92 Yrs
Macaulay Duration
4.21 Yrs
Issue Size
₹133 Cr
Minimum Investment
₹1,000,000
(1 Bond)
Market Characteristics
Modified Duration
3.92 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 2.65 percentage points below the median for tracked NCD bonds. (based on 18935 tracked NCD bonds with a stated coupon)
Structured Overview Data as of 8 Aug 2026
Instrument Type
NCD
Issue Date
2021-07-05
Day Count Convention
30/360
Listed Exchange
BSE
Call / Put Option
None disclosed

Issued by Mahindra and Mahindra Financial Services Limited, MMFSL-7.35%-4-7-31-PVT is a rated, ncd paying a 7.35% p.a. coupon annual. The instrument repays principal on maturity.

Rating Action History 2 actions
DateAgencyActionRatingOutlookRationale
2026-08-14 CRISIL Other View →
2026-06-26 CRISIL Initial BB Stable View →
Data Coverage
DatasetRecordsDetailFreshness
Credit Ratings 2 CARE, INDIA_RATINGS 2021-07-31
Rating Actions History 2 2026-08-14
Secondary-Market Trades 0
Reg52(4) Payment Disclosures 0
  • No secondary-market trades recorded — YTM figures use the coupon rate as a proxy.
Documents
Entity metadata
Source
bse_bonds
Last Updated
8 Aug 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 Mahindra and Mahindra Financ… 7.35% Jul 2031 NCD?

Mahindra and Mahindra Financ… 7.35% Jul 2031 NCD carries a coupon of 7.35%, paid annual, on a face value of ₹1,000,000.

When does Mahindra and Mahindra Financ… 7.35% Jul 2031 NCD mature?

Mahindra and Mahindra Financ… 7.35% Jul 2031 NCD matures on 2031-07-04, 4.9 years from today.

What is Mahindra and Mahindra Financ… 7.35% Jul 2031 NCD rated?

Mahindra and Mahindra Financ… 7.35% Jul 2031 NCD is rated AAA by CARE and AAA by INDIA_RATINGS. As of 2021-06-17.

Is Mahindra and Mahindra Financ… 7.35% Jul 2031 NCD secured?

Mahindra and Mahindra Financ… 7.35% Jul 2031 NCD is unsecured; holders rank alongside other unsecured creditors in the event of default.

Where does Mahindra and Mahindra Financ… 7.35% Jul 2031 NCD trade?

Mahindra and Mahindra Financ… 7.35% Jul 2031 NCD is listed on BSE.

More Bonds from This Issuer
M
Mahindra and Mahindra Fina… 7.99% Sep 2026 NCD
AAA
Coupon
7.99%
Maturity
15 Sep 2026
9
Mahindra and Mahindra Fina… 9.20% Jan 2027 NCD
AAA
Coupon
9.20%
Maturity
18 Jan 2027
9
Mahindra and Mahindra Fina… 9.30% Jan 2027 NCD
AAA
Coupon
9.30%
Maturity
18 Jan 2027
M
Mahindra and Mahindra Fina… 8.25% Mar 2027 NCD
AAA
Coupon
8.25%
Maturity
25 Mar 2027
Compare (/) Compare Bonds

← Back to screener