Bank of Maharashtra — Bonds & AA (ICRA) Rating on senior bonds
Bank · Financial Services
Verify this issuer →Latest events
Last 90 days · company disclosures to the exchanges and agency announcements. Not our assessment.- 21 Oct 2026 Interest payment notice Annual interest payment on bonds INE457A08092
- 25 Sep 2026 Interest payment notice Interest and Redemption Payment on Maturity for ISIN INE457A08035
- 18 Sep 2026 Interest payment notice Annual interest payment on bonds INE457A08142
- 8 Sep 2026 Interest payment notice Annual interest payment on bonds INE457A08118
- 3 Sep 2026 Record date Intimation of record date on redemption of bonds (INE457A08035)
- Current ratings CARE AA+, ICRA AA, Brickwork AA
- Rating range Current ratings on senior bonds range from A+ (CARE 31 Mar 2020) to AA+ (Acuité 30 Sep 2023, CARE 2 Jul 2026). Current ratings on Tier II / subordinated bonds range from AA (Brickwork 28 Feb 2021, ICRA 21 Jul 2026) to AA+ (CARE 2 Jul 2026). Current ratings on AT1 / perpetual bonds range from AA- (CARE 31 Jan 2015) to AA (Acuité 31 Mar 2022, CRISIL 31 Jul 2013)
- Rating direction, 12 months 0 upgrades, 0 downgrades
- Watch / negative outlook None in 12 months
- Issuer not cooperating No such actions in 12 months
- Rating withdrawn, 12 months No withdrawal of this issuer's rating in 12 months
- Newest agency rating Dated 3 Nov 2026
- Payment record 4 payment disclosures since 17 Jul 2026: all on time
- Defaults on record No bond marked defaulted
- Traded in the last 30 days 1 of 17 active bonds had an exchange trade
- Exchange filings, 90 days 39 filings on NSE/BSE
A checklist of published facts, not a rating or a view on credit quality. Ratings are the agencies' own; payment record covers NSE disclosures since 17 Jul 2026; "late" means paid more than 3 days after the due date (next-working-day payments are allowed). Rating range covers every current rating on the issuer's active bonds, with each agency's rating date. Rating actions count only when the agency's heading names this issuer, not pools or trusts it originated; a withdrawal is flagged only when the issuer's rating itself is withdrawn, not a single facility. Rating age uses the newest rating date on file and is flagged when older than 12 months. See methodology.
- 17 active bonds tracked from this issuer.
- 0 of 14 tracked bonds with a stated security status are secured. (based on 14 bonds with a disclosed security status)
- Most recent rating action: reaffirm by CRISIL on 3 Nov 2026.
Operating in the Financial Services sector, Bank of Maharashtra is classified as a bank or financial institution. Bond coupons here span 7.70% - 11.60%, paid annually. The maturity ladder spans 2030 - 2035.
Data sourced from NSDL, BSE, NSE, and registered credit rating agencies. Verify against the issuer's offer document before transacting.
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Maturity Profile
Active bonds maturing, by year. Bar height relative to the tallest year (6 bonds).
Security Type / Instrument Mix
- NCD 16 bonds · 94% · ₹8,931 Cr tracked
- PSU Bond 1 bond · 6%
Funding Evolution
Based on 14 of 17 active bonds with a known issue date and issue size — the rest are excluded, not assumed zero.
- AA 15 bonds · 88%
- A 1 bond · 6%
- Unrated 1 bond · 6%
| Agency | Rating | Outlook | Bonds |
|---|---|---|---|
| CARE | AA+ | Stable | 5 |
| ICRA | AA | — | 3 |
| Brickwork | AA | — | 2 |
| CARE | AA- | — | 2 |
| Acuité | AA | Stable | 1 |
| Acuité | AA+ | — | 1 |
| Brickwork | AA | Stable | 1 |
| Brickwork | AA- | — | 1 |
| CARE | A+ | — | 1 |
| CRISIL | AA | Stable | 1 |
| Acuité | AA | — | 2 |
| Acuité | AA+ | — | 1 |
Recent Rating Actions
YTM is the market yield from the latest BSE/NSE trade. It shows “—” when that trade is over 30 days old, the bond is under 30 days from maturity, it is a market-linked debenture, or the price failed our checks (hover the dash for the reason). A coupon is never shown as a yield.
Last 30 days, across all outstanding bonds from this issuer.
Interest and redemption payments as broadcast by NSE under SEBI LODR Reg 52(4)/60, across all outstanding bonds from this issuer -- actual disclosed events, not a projected schedule.
| Due Date | Bond | Type | Amount Due | Amount Paid | Status | Filing |
|---|---|---|---|---|---|---|
| 21 Oct 2026 | BOM-7.86%-21-10-31-PVT | Interest | ₹78,60,00,000.00 | ₹78,60,00,000.00 | Paid | XBRL → |
| 18 Sep 2026 | BOM-7.98%-18-9-33-PVT | Interest | ₹41,10,00,000.00 | ₹41,10,00,000.00 | Paid | XBRL → |
| 8 Sep 2026 | 8.74% UNSECURED RATED LISTED... | Interest | ₹62,05,00,000.00 | ₹62,05,00,000.00 | Paid | XBRL → |
| 5 Aug 2026 | BOM-7.8%-5-8-34-PVT | Interest | ₹63,26,00,000.00 | ₹63,26,00,000.00 | Paid | XBRL → |
Source: NSE Debt Centralised Database, per SEBI LODR Reg 52(4)/60. Coverage begins 2 Aug 2026 — history accumulates as disclosures are broadcast.
| Dataset | Count | Freshness |
|---|---|---|
| Credit Ratings (current) | 21 | 2026-07-21 |
| Rating Actions History | 1 | 2026-11-03 |
| Secondary-Market Trades | 4 | 2026-11-04 |
| Reg52(4) Payment Disclosures | 4 | 2026-10-21 |
Methodology version 1.0. See full methodology for sources and limitations.
Related Issuers
All issuers →How many active bonds does Bank of Maharashtra have?
Bank of Maharashtra currently has 17 active bonds with coupons of 7.70% - 11.60%, maturities spanning 2030 - 2035.
What is Bank of Maharashtra's credit rating?
The most common current rating on Bank of Maharashtra's senior bonds is AA (ICRA). Ratings on file come from Acuité, Brickwork, CARE, CRISIL, ICRA. Other instrument classes: Tier II / subordinated: AA (ICRA) · AT1 / perpetual: AA (Acuite).
Are Bank of Maharashtra's bonds secured?
Of the 14 bonds with a disclosed security status, 0 are secured (0%) and 14 are unsecured.
When do Bank of Maharashtra's bonds mature?
Bank of Maharashtra's active bonds mature between 2030 - 2035; the nearest matures in Mar 2030; the average tenure is 5.9 Yrs.
What is the average coupon on Bank of Maharashtra's bonds?
The average coupon across Bank of Maharashtra's 17 active bonds is 8.57%.
Disclaimer: This page aggregates publicly available data about Bank of Maharashtra for informational purposes only. Ratings shown are the opinion of the issuing rating agency and are not buy/sell recommendations. RetailBonds.in does not issue its own ratings or investment advice. Verify all data against the issuer’s offer document before transacting.