H
AA+ Unsecured NCD

Hero Fincorp Limited

Unsecured, Rated, Taxable, Redeemable NCD

Browse: AA rated bonds · bonds maturing in 2036

Current YTM
8.95%
Market YTM
Coupon Rate
9.10%
Per annum
Maturity Date
18 Jan 2036
9.4 Yrs to Maturity
Interest Payment
Annual
Frequency
Face Value
₹100,000
Per Bond
Market Position
YTM (Annual)
8.95%
Live, last traded 2026-08-24
10Y G-Sec Benchmark
6.68%
Reference point, not this bond's tenor
Spread over G-Sec
+213 bps
vs 9.4Y G-Sec at 6.82%
Above the median spread for similar-tenor peers
Tenure
9.4 Years
Remaining to maturity
Price vs Yield
— Price (Clean) — Yield (YTM)
2026-08-05 2026-08-24
Cashflow Timeline
20 Nov 2026
Interest Payment
₹9,100.00 / Bond
20 Nov 2027
Interest Payment
₹9,100.00 / Bond
20 Nov 2028
Interest Payment
₹9,100.00 / Bond
20 Nov 2029
Interest Payment
₹9,100.00 / Bond
20 Nov 2030
Interest Payment
₹9,100.00 / Bond
20 Nov 2031
Interest Payment
₹9,100.00 / Bond
20 Nov 2032
Interest Payment
₹9,100.00 / Bond
20 Nov 2033
Interest Payment
₹9,100.00 / Bond
18 Jan 2036
Principal Payment
₹100,000.00 / Bond

Next 8 coupons + principal at maturity · per ₹100,000 face value

Bond Timeline
— Issue / Maturity | Coupon (projected) ┊ Today
Today Issued 2025-11-20 Matures 2036-01-18
Key Metrics
Coupon Rate
9.10%
YTM (Annual)
8.95%
Credit Rating
AA+
(CRISIL)
Remaining Tenure
9.4 Years
Advanced metrics
Modified Duration
5.85 Yrs
Macaulay Duration
6.37 Yrs
Issue Size
₹400 Cr
Minimum Investment
₹100,000
(1 Bond)
Market Characteristics
Modified Duration
5.85 Yrs
Price sensitivity per 1% yield move
Payment Frequency
Annual
Last Trade
2026-08-24
NSE OTC (WAP)
Trades (30 Days)
14
Exchange-reported sessions
Security Status
Unsecured
No call option
Observations
  • This bond is unsecured.
  • 14 secondary-market trades recorded in the last 30 days.
  • Coupon is 0.90 percentage points below the median for tracked NCD bonds. (based on 18935 tracked NCD bonds with a stated coupon)
Structured Overview Data as of 16 Jul 2026
Instrument Type
NCD
Issue Date
2025-11-20
Day Count Convention
30/360
Listed Exchange
Call / Put Option
None disclosed

9.10% UNSECURED RATED LISTED REDEEMABLE NON CONVERTIBLE DEBENTURE TIER II SERIES HFCLNCD74 DATE OF MATURITY 18/01/2036 is a rated, redeemable ncd issued by Hero Fincorp Limited. The bond offers a fixed coupon of 9.10% p.a. with annual interest payments and repays principal on maturity.

Recent Market Prices
Trade DateClean PriceYTM (%)Trades
2026-08-24 100.7700 8.9483 None
2026-08-21 100.0000 9.0900 1
2026-08-19 100.9100 8.9400 2
2026-08-18 101.1530 8.9000 3
2026-08-17 100.8404 8.9257 None
2026-08-11 101.1512 8.9000 4
2026-08-10 101.2141 8.8799 None
2026-08-07 101.1500 8.8892 2
2026-08-06 101.4000 8.8600 3
2026-08-05 101.1600 8.9000 None
Data Coverage
DatasetRecordsDetailFreshness
Credit Ratings 1 CRISIL 2025-10-16
Rating Actions History 0
Secondary-Market Trades 10 NSE OTC (WAP) 2026-08-24
Reg52(4) Payment Disclosures 0
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 Hero Fincorp 9.10% Jan 2036 NCD?

Hero Fincorp 9.10% Jan 2036 NCD carries a coupon of 9.10%, paid annual, on a face value of ₹100,000.

When does Hero Fincorp 9.10% Jan 2036 NCD mature?

Hero Fincorp 9.10% Jan 2036 NCD matures on 2036-01-18, 9.4 years from today.

What is Hero Fincorp 9.10% Jan 2036 NCD rated?

Hero Fincorp 9.10% Jan 2036 NCD is rated AA+ by CRISIL. As of 2025-10-16.

Is Hero Fincorp 9.10% Jan 2036 NCD secured?

Hero Fincorp 9.10% Jan 2036 NCD is unsecured; holders rank alongside other unsecured creditors in the event of default.

What yield does Hero Fincorp 9.10% Jan 2036 NCD currently offer?

The last recorded trade on 2026-08-24 priced Hero Fincorp 9.10% Jan 2036 NCD at ₹100.77, implying a yield to maturity of 8.95%.

More Bonds from This Issuer
8
Hero Fincorp 8.89% Oct 2026 NCD
AA+
Coupon
8.89%
Maturity
06 Oct 2026
8
Hero Fincorp 8.40% Dec 2026 NCD
AA+
Coupon
8.40%
Maturity
04 Dec 2026
8
Hero Fincorp 8.70% Dec 2026 NCD
AA+
Coupon
8.70%
Maturity
31 Dec 2026
7
Hero Fincorp 7.60% May 2027 NCD
AA+
Coupon
7.60%
Maturity
04 May 2027
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