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Axis Finance 7.97% Mar 2030 NCD (INE891K07AE2)

CRISIL AAA / Stable Secured NCD

Axis Finance Limited

Secured, Rated, Taxable, Redeemable NCD

Browse: AAA rated bonds · bonds maturing in 2030

60 more bonds from Axis Finance Limited →
Current YTM
8.37%
Market YTM
Coupon Rate
7.97%
Per annum
Maturity Date
27 Mar 2030
3.4 Yrs to Maturity
Interest Payment
Annual
Frequency
Face Value
₹1,00,000
Per Bond

Market Position

YTM (Annual)
8.37%
Last traded 3 Nov 2026 (end of day)
10Y G-Sec Benchmark
7.19%
Reference point, not this bond's tenor
Spread over G-Sec
+127 bps
vs 3.4Y G-Sec at 7.10%
Below the median spread for similar-tenor peers
Tenure
3.4 Years
Remaining to maturity

Price vs Yield

— Price (Clean) — Yield (YTM)
2 Sep 20263 Nov 2026

Showing last 10 trades.

Price data as a table: Recent Market Prices

Cashflow Timeline

27 Mar 2027
Interest Payment
₹7,970.00 / Bond
₹7,173.00 net of 10% TDS (est.)
27 Mar 2028
Interest Payment
₹7,970.00 / Bond
₹7,173.00 net of 10% TDS (est.)
27 Mar 2029
Interest Payment
₹7,970.00 / Bond
₹7,173.00 net of 10% TDS (est.)
27 Mar 2030
Final coupon + principal
₹1,07,970.00 / Bond
₹7,970.00 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) ┊ Today
Today Issued 27 Mar 2025 Matures 27 Mar 2030

Key Metrics

Coupon Rate
7.97%
YTM (Annual)
8.37%
Credit Rating
AAA
(CRISIL) · rated 30 Apr 2025, 18 months ago
Over 15 months old; see below
Remaining Tenure
3.4 Years

AAA (CRISIL): Rated 30 Apr 2025 (18 months ago) — no review in the last 15 months that our sources show; the agency may have reviewed it since.

Advanced metrics
Modified Duration
2.73 Yrs
Macaulay Duration
2.95 Yrs
Issue Size
₹100 Cr
Minimum Investment
₹1,00,000
1 bond × ₹1,00,000 face value (BSE market lot)

Market Characteristics

Modified Duration
2.73 Yrs
Price sensitivity per 1% yield move
Payment Frequency
Annual
Last Trade
3 Nov 2026
BSE
Trades (30 Days)
3
Exchange-reported sessions
Security Status
Secured
No call option

Observations

  • This bond is secured.
  • 3 secondary-market trades recorded in the last 30 days.
  • Coupon is 2.23 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 7 Nov 2026
Instrument Type
NCD
Issue Date
27 Mar 2025
Day Count Convention
ACT/ACT
Listed Exchange
BSE
Call / Put Option
None disclosed

Axis Finance 7.97% Mar 2030 NCD is a secured, rated NCD issued by Axis Finance Limited. It pays a 7.97% p.a. coupon, annually. Principal is repaid at maturity.

Rating Timeline

2 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
30 Apr 2025 CRISIL AAA Stable Latest BSE listing
2025 CARE AAA — NSDL record, 2025 NSDL debt master

Rating Action History

1 actions

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

DateAgencyActionRatingOutlookRationale
2026-11-05 CRISIL Reaffirm — — View →
Issuer health card · ratings, payment record, defaults, trading, filings Nothing flagged →

Rating Actions on Axis 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
2026-11-05 CRISIL Reaffirm — View →
Alert me about Axis 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 INE891K07AE2: trade date, clean price, YTM and number of trades
Trade DateClean PriceYTM (%)Trades
2026-11-03 98.7600 8.3700 1
2026-10-30 98.4596 8.4750 —
2026-10-29 97.7946 8.7100 —
2026-09-25 99.8100 8.0000 1
2026-09-23 99.9600 7.9500 2
2026-09-09 100.8400 7.6700 1
2026-09-08 98.8000 8.3400 1
2026-09-04 98.8000 8.3400 1
2026-09-02 98.7990 8.3400 —

Data Coverage

DatasetRecordsDetailFreshness
Credit Ratings 2 CARE, CRISIL 2025-04-30
Rating Actions History 1 — 2026-11-05
Secondary-Market Trades 9 BSE 2026-11-03
Reg52(4) Payment Disclosures 0 — —

Documents

Entity metadata
Source
BSE
Last Updated
7 Nov 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)
₹98,760.00
YTM8.37%
Trade Date 3 Nov 2026 5d ago
SourceBSE
Accrued interest (est.)₹4,956.68
Dirty price (est.)₹1,03,716.68
View on BSE → Calculate YTM for this bond
Bond Snapshot
ISIN
INE891K07AE2
Issue Date
27 Mar 2025
Maturity Date
27 Mar 2030
Listing
BSE
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 Axis Finance 7.97% Mar 2030 NCD?

Axis Finance 7.97% Mar 2030 NCD carries a coupon of 7.97%, paid annual, on a face value of ₹1,00,000.

When does Axis Finance 7.97% Mar 2030 NCD mature?

Axis Finance 7.97% Mar 2030 NCD matures on 27 Mar 2030, 3.4 years from today.

What is Axis Finance 7.97% Mar 2030 NCD rated?

Axis Finance 7.97% Mar 2030 NCD is rated AAA by CRISIL (rating dated 30 Apr 2025).

Is Axis Finance 7.97% Mar 2030 NCD secured?

Axis Finance 7.97% Mar 2030 NCD is a secured bond.

Where does Axis Finance 7.97% Mar 2030 NCD trade?

Axis Finance 7.97% Mar 2030 NCD is listed on BSE.

What yield does Axis Finance 7.97% Mar 2030 NCD currently offer?

The last recorded trade on 3 Nov 2026 priced Axis Finance 7.97% Mar 2030 NCD at ₹98,760.00 per bond, implying a yield to maturity of 8.37%.

More Bonds from This Issuer

A
Axis Finance 6.80% Nov 2026 NCD
INE891K07721
AAA NSDL record, 2021
Coupon
6.80%
Maturity
18 Nov 2026
A
Axis Finance 8.00% Dec 2026 NCD
INE891K07879
AAA
Coupon
8.00%
Maturity
11 Dec 2026
A
Axis Finance 8.92% Feb 2027 NCD
INE891K07903
AAA
Coupon
8.92%
Maturity
26 Feb 2027
A
Axis Finance 8.29% Feb 2027 NCD
IN8891K07035
Coupon
8.29%
Maturity
26 Feb 2027
Compare (/) Compare Bonds

Comparable NCDs maturing near 2030

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 7.97%. For comparison only, not a recommendation.

BondIssuerRatingCouponMaturity
INE916DA7TM9Kotak Mahindra Prime LimitedAAA7.97%2029-08-24
INE020B08CX1REC LimitedAAA7.96%2030-06-15
INE660A07SE4Sundaram Finance LimitedAAA NSDL record, 20267.95%2029-08-14
INE916DA7TP2Kotak Mahindra Prime LimitedAAA7.94%2029-06-21
INE2PI907018Muthoottu Infotech Private Limited—8.00%2030-12-29
INE2SC707015Muthoottu Mini Theatres Private Limited—8.00%2031-02-26

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