Mahindra Rural Housing Finance 8.25% Aug 2029 NCD (INE950O07487)

CARE AAA / Stable Secured NCD

Mahindra Rural Housing Finance Limited

Secured, Rated, Taxable, Redeemable NCD

Browse: AAA rated bonds · bonds maturing in 2029

28 more bonds from Mahindra Rural Housing Finance Limited →

Current YTM

7.36%

Market YTM

Coupon Rate

8.25%

Per annum

Maturity Date

03 Aug 2029

2.7 Yrs to Maturity

Interest Payment

Annual

Frequency

Face Value

₹1,00,000

Per Bond

Market Position

YTM (Annual)

7.36%

Last traded 5 Nov 2026 (end of day)

10Y G-Sec Benchmark

7.19%

Reference point, not this bond's tenor

Spread over G-Sec

+33 bps

vs 2.7Y G-Sec at 7.03%

Below the median spread for similar-tenor peers

Tenure

2.7 Years

Remaining to maturity

Price vs Yield

— Price (Clean) — Yield (YTM)

20 Aug 20265 Nov 2026

Showing last 10 trades.

Price data as a table: Recent Market Prices

Cashflow Timeline

6 Aug 2027

Interest Payment

₹8,250.00 / Bond

₹7,425.00 net of 10% TDS (est.)

6 Aug 2028

Interest Payment

₹8,250.00 / Bond

₹7,425.00 net of 10% TDS (est.)

3 Aug 2029

Final coupon (part period) + principal

₹1,08,182.19 / Bond

₹8,182.19 coupon + ₹1,00,000 face value

3 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

8.25%

YTM (Annual)

7.36%

Credit Rating

AAA

(CARE) · rated 9 Jul 2026, 3 months ago

Remaining Tenure

2.7 Years

AAA (CARE): Rated 9 Jul 2026 (3 months ago).

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

With more than one agency, the rating shown at the top is the lowest of those dated within the last 15 months (or the newest, when none is). How we pick it →

Advanced metrics

Modified Duration

2.34 Yrs

Macaulay Duration

2.51 Yrs

Issue Size

₹225 Cr

Minimum Investment

₹1,00,000

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

Market Characteristics

Modified Duration

2.34 Yrs

Price sensitivity per 1% yield move

Payment Frequency

Annual

Last Trade

5 Nov 2026

BSE

Trades (30 Days)

Exchange-reported sessions

Security Status

Secured

No call option

Observations

This bond is secured.
6 secondary-market trades recorded in the last 30 days.
Coupon is 1.95 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

Issuer

Mahindra Rural Housing Finance Limited

Instrument Type

NCD

Issue Date

6 Aug 2024

Day Count Convention

ACT/ACT

Listed Exchange

BSE

Call / Put Option

None disclosed

Mahindra Rural Housing Finance 8.25% Aug 2029 NCD is a secured, rated NCD issued by Mahindra Rural Housing Finance Limited. It pays an 8.25% p.a. coupon, annually. Principal is repaid at maturity.

Rating Timeline

3 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.

Date	Agency	Rating	Outlook	Status	Source
9 Jul 2026	CARE	AAA	Stable	Latest	CARE press release →
31 Aug 2024	CRISIL	AAA	—	Latest	BSE listing
2024	CARE	AAA	—	NSDL record, 2024	NSDL debt master

Rating Action History

6 actions

Agency actions on Mahindra Rural Housing 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
2026-09-25	CRISIL	Update	—	—	View →
2026-09-25	CRISIL	Update	—	—	View →
2026-09-10	CRISIL	Update	—	—	View →
2026-08-18	CRISIL	Update	—	—	View →
2026-08-14	CRISIL	Other	—	—	View →
2026-08-04	CRISIL	Update	—	—	View →

Issuer health card · ratings, payment record, defaults, trading, filings 1 item to look at →

Rating Actions on Mahindra Rural Housing 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
2026-09-25	CRISIL	Update	—	View →
2026-09-10	CRISIL	Update	—	View →
2026-08-18	CRISIL	Update	—	View →
2026-08-14	CRISIL	Other	—	View →
2026-08-04	CRISIL	Update	—	View →

Alert me about Mahindra Rural Housing 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 INE950O07487: trade date, clean price, YTM and number of trades
Trade Date	Clean Price	YTM (%)	Trades
2026-11-05	102.0800	7.3600	1
2026-11-04	99.8022	8.3000	—
2026-10-19	99.8691	8.2647	3
2026-10-15	100.1253	8.1700	—
2026-10-14	100.3000	8.0000	3
2026-10-09	99.8517	8.2850	—
2026-10-06	99.8517	8.2850	1
2026-09-10	100.0000	8.2300	—
2026-08-20	102.4200	7.3000	2

Data Coverage

Dataset	Records	Detail	Freshness
Credit Ratings	3	CARE, CRISIL	2026-07-09
Rating Actions History	6	—	2026-09-25
Secondary-Market Trades	9	BSE	2026-11-05
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.

₹1,02,080.00

YTM7.36%

Trade Date 5 Nov 2026 3d ago

SourceBSE

Accrued interest (est.)₹2,215.07

Dirty price (est.)₹1,04,295.07

View on BSE → Calculate YTM for this bond

Frequently Asked Questions

What is the coupon rate on Mahindra Rural Housing Finance 8.25% Aug 2029 NCD?

Mahindra Rural Housing Finance 8.25% Aug 2029 NCD carries a coupon of 8.25%, paid annual, on a face value of ₹1,00,000.

When does Mahindra Rural Housing Finance 8.25% Aug 2029 NCD mature?

Mahindra Rural Housing Finance 8.25% Aug 2029 NCD matures on 3 Aug 2029, 2.7 years from today.

What is Mahindra Rural Housing Finance 8.25% Aug 2029 NCD rated?

Mahindra Rural Housing Finance 8.25% Aug 2029 NCD is rated AAA by CARE (rating dated 9 Jul 2026) and AAA by CRISIL (rating dated 31 Aug 2024).

Is Mahindra Rural Housing Finance 8.25% Aug 2029 NCD secured?

Mahindra Rural Housing Finance 8.25% Aug 2029 NCD is a secured bond.

Where does Mahindra Rural Housing Finance 8.25% Aug 2029 NCD trade?

Mahindra Rural Housing Finance 8.25% Aug 2029 NCD is listed on BSE.

What yield does Mahindra Rural Housing Finance 8.25% Aug 2029 NCD currently offer?

The last recorded trade on 5 Nov 2026 priced Mahindra Rural Housing Finance 8.25% Aug 2029 NCD at ₹1,02,080.00 per bond, implying a yield to maturity of 7.36%.

More Bonds from This Issuer

Mahindra Rural Housing Finance 8.40% Nov 2026 NCD

INE950O08105

AA+ NSDL record, 2016

Coupon

8.40%

Maturity

24 Nov 2026

View Details

Mahindra Rural Housing Finance 8.45% Jan 2027 NCD

INE950O07438

AAA

Coupon

8.45%

Maturity

22 Jan 2027

View Details

Mahindra Rural Housing Finance 8.45% Mar 2027 NCD

INE950O07453

AAA NSDL record, 2024

Coupon

8.45%

Maturity

25 Mar 2027

View Details

Mahindra Rural Housing Finance 8.30% Mar 2027 NCD

INE950O07123

AAA

Coupon

8.30%

Maturity

26 Mar 2027

View Details

Compare (/) Compare Bonds

Comparable NCDs maturing near 2029

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 8.25%. For comparison only, not a recommendation.

Bond	Issuer	Rating	Coupon	Maturity
INE261F08BF1	National Bank for Agriculture and Rural Development	AAA NSDL record, 2019	8.24%	2029-03-22
INE756I07FQ4	HDB Financial Services Limited	AAA	8.23%	2029-07-05
INE733E07KJ7	NTPC Limited	AAA NSDL record, 2019	8.30%	2029-01-15
INE020B08BO2	REC Limited	AAA NSDL record, 2019	8.30%	2029-03-25
INE020B08BU9	REC Limited	AAA	8.30%	2029-06-25
INE916DA7SM1	Kotak Mahindra Prime Limited	AAA NSDL record, 2023	8.20%	2028-12-15

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