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Axis Finance 8.38% Jan 2034 NCD (INE891K08174)

CARE AAA Unsecured NCD

Axis Finance Limited

Unsecured, Rated, Taxable, Redeemable NCD

Browse: AAA rated bonds · bonds maturing in 2034

60 more bonds from Axis Finance Limited →

Current YTM

—

No current market yield

Coupon Rate

8.38%

Per annum

Maturity Date

11 Jan 2034

7.2 Yrs to Maturity

Interest Payment

Annual

Frequency

Face Value

₹1,00,000

Per Bond

Market Position

YTM (Annual)

—

No trade in the last 30 days, so the last traded yield is not shown as current. Last trade 6 Oct 2026.

10Y G-Sec Benchmark

7.19%

Reference point, not this bond's tenor

Tenure

7.2 Years

Remaining to maturity

Price vs Yield

— Price (Clean) — Yield (YTM)

25 Aug 20266 Oct 2026

Showing last 10 trades.

Price data as a table: Recent Market Prices

Cashflow Timeline

11 Jan 2027

Interest Payment

₹8,380.00 / Bond

₹7,542.00 net of 10% TDS (est.)

11 Jan 2028

Interest Payment

₹8,380.00 / Bond

₹7,542.00 net of 10% TDS (est.)

11 Jan 2029

Interest Payment

₹8,380.00 / Bond

₹7,542.00 net of 10% TDS (est.)

11 Jan 2030

Interest Payment

₹8,380.00 / Bond

₹7,542.00 net of 10% TDS (est.)

11 Jan 2031

Interest Payment

₹8,380.00 / Bond

₹7,542.00 net of 10% TDS (est.)

11 Jan 2032

Interest Payment

₹8,380.00 / Bond

₹7,542.00 net of 10% TDS (est.)

11 Jan 2033

Interest Payment

₹8,380.00 / Bond

₹7,542.00 net of 10% TDS (est.)

11 Jan 2034

Final coupon + principal

₹1,08,380.00 / Bond

₹8,380.00 coupon + ₹1,00,000 face value

8 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

Key Metrics

Coupon Rate

8.38%

YTM (Annual)

—

Credit Rating

AAA

(CARE) · rated 31 Jan 2024, 2 years ago

Over 15 months old; see below

Remaining Tenure

7.2 Years

AAA (CARE): Rated 31 Jan 2024 (2 years ago) — no review in the last 15 months that our sources show; the agency may have reviewed it since.

Advanced metrics

Modified Duration

4.90 Yrs

Macaulay Duration

5.31 Yrs

Issue Size

₹375 Cr

Minimum Investment

₹1,00,000

1 bond × ₹1,00,000 face value (BSE market lot)

Market Characteristics

Modified Duration

4.90 Yrs

Price sensitivity per 1% yield move

Payment Frequency

Annual

Last Trade

6 Oct 2026

BSE

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 1.82 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 8 Nov 2026

Issuer

Axis Finance Limited

Instrument Type

NCD

Issue Date

11 Jan 2024

Day Count Convention

ACT/ACT

Listed Exchange

BSE

Call / Put Option

None disclosed

Axis Finance 8.38% Jan 2034 NCD is an unsecured, rated NCD issued by Axis Finance Limited. It pays an 8.38% p.a. coupon, annually. Principal is repaid at maturity.

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.

Date	Agency	Action	Rating	Outlook	Rationale
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.

Date	Agency	Action	Rating	Rationale
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 INE891K08174: trade date, clean price, YTM and number of trades
Trade Date	Clean Price	YTM (%)	Trades
2026-10-06	100.3800	8.2900	1
2026-10-05	96.8100	8.9800	1
2026-09-30	96.6800	9.0000	1
2026-09-03	100.6961	8.2297	—
2026-09-02	100.6400	8.2400	—
2026-08-31	100.5850	8.2524	—
2026-08-26	100.3800	8.2881	—
2026-08-25	100.3800	8.2881	—

Data Coverage

Dataset	Records	Detail	Freshness
Credit Ratings	1	CARE	2024-01-31
Rating Actions History	1	—	2026-11-05
Secondary-Market Trades	8	BSE	2026-10-06
Reg52(4) Payment Disclosures	0	—	—

No trade in the last 30 days, so the last traded yield is not shown as current.

Documents

Entity metadata

Source: BSE
Last Updated: 8 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.

₹1,00,380.00

YTM—

Trade Date 6 Oct 2026 33d ago

SourceBSE

Accrued interest (est.)₹6,933.59

Dirty price (est.)₹1,07,313.59

View on BSE → Calculate YTM for this bond

Frequently Asked Questions

What is the coupon rate on Axis Finance 8.38% Jan 2034 NCD?

Axis Finance 8.38% Jan 2034 NCD carries a coupon of 8.38%, paid annual, on a face value of ₹1,00,000.

When does Axis Finance 8.38% Jan 2034 NCD mature?

Axis Finance 8.38% Jan 2034 NCD matures on 11 Jan 2034, 7.2 years from today.

What is Axis Finance 8.38% Jan 2034 NCD rated?

Axis Finance 8.38% Jan 2034 NCD is rated AAA by CARE (rating dated 31 Jan 2024).

Is Axis Finance 8.38% Jan 2034 NCD secured?

Axis Finance 8.38% Jan 2034 NCD is unsecured; holders rank alongside other unsecured creditors in the event of default.

Where does Axis Finance 8.38% Jan 2034 NCD trade?

Axis Finance 8.38% Jan 2034 NCD is listed on BSE.

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

View Details

A

Axis Finance 8.00% Dec 2026 NCD

INE891K07879

AAA

Coupon

8.00%

Maturity

11 Dec 2026

View Details

A

Axis Finance 8.92% Feb 2027 NCD

INE891K07903

AAA

Coupon

8.92%

Maturity

26 Feb 2027

View Details

A

Axis Finance 8.29% Feb 2027 NCD

IN8891K07035

Coupon

8.29%

Maturity

26 Feb 2027

View Details

Compare (/) Compare Bonds

Comparable NCDs maturing near 2034

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 8.38%. For comparison only, not a recommendation.

Bond	Issuer	Rating	Coupon	Maturity
INE756I08256	HDB Financial Services Limited	AAA	8.40%	2033-12-22
INE774D08MW0	Mahindra and Mahindra Financial Services Limited	AAA	8.35%	2034-01-16
INE950O08295	Mahindra Rural Housing Finance Limited	AAA	8.35%	2034-12-22
INE01MM08012	SBI General Insurance Company Limited	AAA	8.35%	2034-02-21
INE018E08342	SBI Cards and Payment Services Limited	AAA	8.33%	2034-01-24
INE860H08EL8	Aditya Birla Capital Limited	AAA	8.31%	2034-07-11

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