HDFC Bank Limited — Bonds & AAA (CRISIL) 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.- 22 Oct 2026 Interest payment notice Certificate of interest payment in ISIN - INE040A08AC9
- 21 Oct 2026 Record date The company has fixed Regulation 60(2) Record Date Interest Payment / Redemption / Dividend for the purpose of…
- 16 Oct 2026 Interest payment notice Certificate of interest payment in ISIN - INE040A08732
- 12 Oct 2026 Interest payment notice Certificate of interest payment in ISIN - INE040A08799
- 21 Sep 2026 Record date The company has fixed Regulation 60(2) Record Date Interest Payment / Redemption / Dividend for the purpose of…
- Current ratings CRISIL AAA, CARE AAA, India Ratings AAA
- Rating range All current ratings on senior bonds are AAA (CARE 23 Oct 2026, CRISIL 30 Jun 2023, India Ratings 31 Jul 2013). All current ratings on Tier II / subordinated bonds are AAA (CARE 23 Oct 2026). All current ratings on AT1 / perpetual bonds are AA+ (CARE 23 Oct 2026, CRISIL 31 May 2017)
- 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- Rating withdrawn, 12 months No withdrawal of this issuer's rating in 12 months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 23 Oct 2026
- Payment record 14 payment disclosures since 17 Jul 2026: all on time
- Defaults on record No bond marked defaulted
- Traded in the last 30 days 21 of 64 active bonds had an exchange trade
- Exchange filings, 90 days 56 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names this issuer, not pools or trusts it originated; a withdrawal is flagged only when the issuer's rating itself is withdrawn, not a single facility.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.
- 64 active bonds tracked from this issuer.
- 0 of 40 tracked bonds with a stated security status are secured. (based on 40 bonds with a disclosed security status)
- Most recent rating action: withdrawal by CRISIL on 23 Jun 2026.
HDFC Bank Limited, a bank or financial institution in the Financial Services sector, is tracked on RetailBonds.in. Outstanding bonds carry coupons between 1.50% - 11.08%, paid annually. Maturities on outstanding bonds fall between 2026 - 2034.
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 (13 bonds).
Security Type / Instrument Mix
- NCD 63 bonds · 98% · ₹2,29,789 Cr tracked
- PSU Bond 1 bond · 2%
Funding Evolution
Based on 40 of 64 active bonds with a known issue date and issue size — the rest are excluded, not assumed zero.
- AAA 55 bonds · 86%
- AA 2 bonds · 3%
- Unrated 7 bonds · 11%
| Agency | Rating | Outlook | Bonds |
|---|---|---|---|
| CRISIL | AAA | — | 8 |
| CRISIL | AAA | Stable | 8 |
| CARE | AAA | Stable | 7 |
| CARE | AA+ | Stable | 1 |
| CRISIL | AA+ | — | 1 |
| India Ratings | AAA | — | 1 |
| CRISIL | AAA | — | 16 |
| ICRA | AAA | — | 15 |
Recent Rating Actions
| ISIN | Bond Name | Coupon | Rating | Maturity | YTM | Last Trade | Details |
|---|---|---|---|---|---|---|---|
| INE001A07PV1 | HDFC Bank 7.72% Nov 2026 NCD | 7.72% | — | 2026-11-18 | — | — | |
| INE040A08450 | HDFC Bank 7.72% Nov 2026 NCD | 7.72% | AAA (CRISIL, NSDL record 2023) | 2026-11-18 | — | — | |
| INE001A07QG0 | HDFC Bank 11.08% Mar 2027 NCD | 11.08% | AAA (CRISIL) | 2027-03-27 | — | — | |
| INE040A08567 | HDFC Bank 7.78% Mar 2027 NCD | 7.78% | AAA (CRISIL, NSDL record 2023) | 2027-03-27 | 8.10% | 2026-11-04 | |
| INE001A07QH8 | HDFC Bank 1.50% Apr 2027 NCD | 1.50% | — | 2027-04-13 | — | — | |
| INE040A08492 | HDFC Bank 7.78% Apr 2027 NCD | 7.78% | AAA (ICRA, NSDL record 2023) | 2027-04-13 | — | 2026-10-01 | |
| INE001A07QJ4 | HDFC Bank 1.50% Apr 2027 NCD | 1.50% | — | 2027-04-24 | — | — | |
| INE040A08625 | HDFC Bank 7.70% Apr 2027 NCD | 7.70% | AAA (CRISIL, NSDL record 2023) | 2027-04-24 | 7.55% | 2026-10-15 | |
| INE040A08823 | HDFC Bank 7.77% Jun 2027 NCD | 7.77% | AAA (ICRA, NSDL record 2023) | 2027-06-28 | 8.35% | 2026-10-30 | |
| INE040A08385 | HDFC Bank 7.56% Jun 2027 NCD | 7.56% | AAA (CARE) | 2027-06-29 | — | — | |
| INE040A08310 | HDFC Bank 9.45% Aug 2027 Bond | 9.45% | AAA (India Ratings) | 2027-08-13 | — | — | |
| INE040A08955 | HDFC Bank 7.70% May 2028 NCD | 7.70% | AAA (ICRA, NSDL record 2023) | 2028-05-16 | 7.75% | 2026-10-09 | |
| INE040A08401 | HDFC Bank 6.44% Sep 2028 NCD | 6.44% | AAA (CARE) | 2028-09-27 | — | 2026-09-28 | |
| INE001A07RG8 | HDFC Bank 9.05% Oct 2028 NCD | 9.05% | AAA (CRISIL) | 2028-10-16 | — | — | |
| INE040A08732 | HDFC Bank 9.05% Oct 2028 NCD | 9.05% | AAA (CRISIL, NSDL record 2023) | 2028-10-16 | — | 2026-08-05 | |
| INE001A07RI4 | HDFC Bank 9.00% Nov 2028 NCD | 9.00% | — | 2028-11-01 | — | — | |
| INE040A08872 | HDFC Bank 9.00% Nov 2028 NCD | 9.00% | AAA (ICRA, NSDL record 2023) | 2028-11-01 | — | — | |
| INE001A07RK0 | HDFC Bank 9.00% Nov 2028 NCD | 9.00% | — | 2028-11-29 | — | — | |
| INE040A08AB1 | HDFC Bank 9.00% Nov 2028 NCD | 9.00% | AAA (ICRA, NSDL record 2023) | 2028-11-29 | 8.47% | 2026-10-16 | |
| INE001A07RM6 | HDFC Bank 8.66% Dec 2028 NCD | 8.66% | — | 2028-12-21 | — | — | |
| INE040A08765 | HDFC Bank 8.66% Dec 2028 NCD | 8.66% | AAA (ICRA, NSDL record 2023) | 2028-12-21 | — | — | |
| INE040A08393 | HDFC Bank 8.44% Dec 2028 NCD | 8.44% | AAA (CARE) | 2028-12-28 | 8.30% | 2026-10-28 | |
| INE001A07RT1 | HDFC Bank 8.55% Mar 2029 NCD | 8.55% | AAA (CRISIL) | 2029-03-27 | — | — | |
| INE040A08724 | HDFC Bank 8.55% Mar 2029 NCD | 8.55% | AAA (ICRA, NSDL record 2023) | 2029-03-27 | 8.32% | 2026-11-03 | |
| INE001A07RX3 | HDFC Bank 7.91% Aug 2029 NCD | 7.91% | AAA (CRISIL) | 2029-08-14 | — | — | |
| INE040A08740 | HDFC Bank 7.91% Aug 2029 NCD | 7.91% | AAA (ICRA, NSDL record 2023) | 2029-08-14 | — | — | |
| INE001A07SB7 | HDFC Bank 8.05% Oct 2029 NCD | 8.05% | AAA (CRISIL) | 2029-10-22 | — | — | |
| INE040A08AC9 | HDFC Bank 8.05% Oct 2029 NCD | 8.05% | AAA (ICRA, NSDL record 2023) | 2029-10-22 | 8.10% | 2026-11-05 | |
| INE001A07SI2 | HDFC Bank 7.40% Feb 2030 NCD | 7.40% | AAA (CRISIL) | 2030-02-28 | — | — | |
| INE040A08690 | HDFC Bank 7.40% Feb 2030 NCD | 7.40% | AAA (ICRA, NSDL record 2023) | 2030-02-28 | — | 2026-07-30 | |
| INE001A07SO0 | HDFC Bank 7.25% Jun 2030 NCD | 7.25% | AAA (CRISIL) | 2030-06-17 | — | — | |
| INE040A08815 | HDFC Bank 7.25% Jun 2030 NCD | 7.25% | AAA (CRISIL, NSDL record 2023) | 2030-06-17 | 8.05% | 2026-11-05 | |
| INE001A07SW3 | HDFC Bank 6.83% Jan 2031 NCD | 6.83% | AAA (CRISIL) | 2031-01-08 | — | — | |
| INE040A08864 | HDFC Bank 6.83% Jan 2031 NCD | 6.83% | AAA (CRISIL, NSDL record 2023) | 2031-01-08 | 8.05% | 2026-11-05 | |
| INE040A08AD7 | HDFC Bank 6.88% Jun 2031 NCD | 6.88% | AAA (CRISIL, NSDL record 2023) | 2031-06-16 | 8.50% | 2026-11-04 | |
| INE001A07TB5 | HDFC Bank 6.88% Sep 2031 NCD | 6.88% | — | 2031-09-24 | — | — | |
| INE040A08781 | HDFC Bank 6.88% Sep 2031 NCD | 6.88% | AAA (ICRA, NSDL record 2023) | 2031-09-24 | 8.52% | 2026-11-03 | |
| INE040A08831 | HDFC Bank 7.10% Nov 2031 NCD | 7.10% | AAA (CRISIL, NSDL record 2023) | 2031-11-12 | 8.00% | 2026-10-29 | |
| INE001A07TG4 | HDFC Bank 7.05% Dec 2031 NCD | 7.05% | AAA (CRISIL) | 2031-12-01 | — | — | |
| INE040A08963 | HDFC Bank 7.05% Dec 2031 NCD | 7.05% | AAA (CRISIL, NSDL record 2023) | 2031-12-01 | 8.30% | 2026-11-05 | |
| INE001A07TJ8 | HDFC Bank 7.18% Mar 2032 NCD | 7.18% | AAA (CRISIL) | 2032-03-10 | — | — | |
| INE040A08633 | HDFC Bank 7.18% Mar 2032 NCD | 7.18% | AAA (ICRA, NSDL record 2023) | 2032-03-10 | — | — | |
| INE001A07TK6 | HDFC Bank 7.86% May 2032 NCD | 7.86% | AAA (CRISIL) | 2032-05-25 | — | — | |
| INE040A08658 | HDFC Bank 7.86% May 2032 NCD | 7.86% | AAA (CRISIL, NSDL record 2023) | 2032-05-25 | — | — | |
| INE001A07TO8 | HDFC Bank 8.00% Jul 2032 NCD | 8.00% | AAA (CRISIL) | 2032-07-27 | — | — | |
| INE040A08807 | HDFC Bank 8.00% Jul 2032 NCD | 8.00% | AAA (ICRA, NSDL record 2023) | 2032-07-27 | 8.45% | 2026-11-05 | |
| INE040A08773 | HDFC Bank 7.80% Sep 2032 NCD | 7.80% | AAA (CRISIL, NSDL record 2023) | 2032-09-06 | 8.19% | 2026-10-26 | |
| INE001A07TQ3 | HDFC Bank 8.07% Oct 2032 NCD | 8.07% | AAA (CRISIL) | 2032-10-12 | — | — | |
| INE040A08799 | HDFC Bank 8.07% Oct 2032 NCD | 8.07% | AAA (ICRA, NSDL record 2023) | 2032-10-12 | — | 2026-09-22 | |
| INE001A07TT7 | HDFC Bank 7.79% Nov 2032 NCD | 7.79% | AAA (CRISIL) | 2032-11-24 | — | — |
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.
More bonds from this issuer (14)
- HDFC Bank 7.79% Nov 2032 NCD · INE040A08674
- HDFC Bank 7.86% Dec 2032 NCD · INE040A08427
- HDFC Bank 7.84% Dec 2032 NCD · INE040A08435
- HDFC Bank 7.69% Jan 2033 NCD · INE001A07TU5
- HDFC Bank 7.69% Jan 2033 NCD · INE040A08AI6
- HDFC Bank 7.97% Feb 2033 NCD · INE040A08914
- HDFC Bank 7.80% May 2033 NCD · INE040A08666
- HDFC Bank 7.65% May 2033 NCD · INE040A08930
- HDFC Bank 7.75% Jun 2033 NCD · INE001A08437
- HDFC Bank 7.75% Jun 2033 NCD · INE040A08AF2
- HDFC Bank 7.71% Dec 2033 NCD · INE040A08AJ4
- HDFC Bank 7.65% Mar 2034 NCD · INE040A08AK2
- HDFC Bank 8.85% Perpetual NCD · INE040A08377
- HDFC Bank 7.84% Perpetual NCD · INE040A08419
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 |
|---|---|---|---|---|---|---|
| 1 Nov 2026 | 9% UNSECURED RATED LISTED REDEEMABLE... | Interest | ₹1,11,15,00,000.00 | ₹1,11,15,00,000.00 | Paid | XBRL → |
| 22 Oct 2026 | 8.05% UNSECURED RATED LISTED... | Interest | ₹4,83,00,00,000.00 | ₹4,83,00,00,000.00 | Paid | XBRL → |
| 16 Oct 2026 | 9.05% UNSECURED RATED LISTED... | Interest | ₹2,67,25,00,000.00 | ₹2,67,25,00,000.00 | Paid | XBRL → |
| 12 Oct 2026 | 8.07% UNSECURED RATED LISTED... | Interest | ₹5,36,93,00,000.00 | ₹5,36,93,00,000.00 | Paid | XBRL → |
| 27 Sep 2026 | HDFC-6.44%-27-9-28-PVT | Interest | ₹3,22,00,00,000.00 | ₹3,22,00,00,000.00 | Paid | XBRL → |
| 24 Sep 2026 | 6.88% UNSECURED RATED LISTED... | Interest | ₹1,72,00,00,000.00 | ₹1,72,00,00,000.00 | Paid | XBRL → |
| 8 Sep 2026 | 7.84% UNSECURED RATED LISTED... | Interest | ₹2,35,20,00,000.00 | ₹2,35,20,00,000.00 | Paid | XBRL → |
| 6 Sep 2026 | 7.80% UNSECURED RATED LISTED... | Interest | ₹7,02,55,00,000.00 | ₹7,02,55,00,000.00 | Paid | XBRL → |
| 14 Aug 2026 | 7.91% UNSECURED RATED LISTED... | Interest | ₹1,58,20,00,000.00 | ₹1,58,20,00,000.00 | Paid | XBRL → |
| 27 Jul 2026 | 8% UNSECURED RATED LISTED REDEEMABLE... | Interest | ₹8,80,00,00,000.00 | ₹8,80,00,00,000.00 | 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) | 57 | 2026-10-23 |
| Rating Actions History | 1 | 2026-06-23 |
| Secondary-Market Trades | 246 | 2026-11-05 |
| Reg52(4) Payment Disclosures | 10 | 2026-11-01 |
Methodology version 1.0. See full methodology for sources and limitations.
Related Issuers
All issuers →How many active bonds does HDFC Bank Limited have?
HDFC Bank Limited currently has 64 active bonds with coupons of 1.50% - 11.08%, maturities spanning 2026 - 2034.
What is HDFC Bank Limited's credit rating?
The most common current rating on HDFC Bank Limited's senior bonds is AAA (CRISIL). Ratings on file come from CARE, CRISIL, India Ratings. Other instrument classes: Tier II / subordinated: AAA (CARE) · AT1 / perpetual: AA+ (CARE).
Are HDFC Bank Limited's bonds secured?
Of the 40 bonds with a disclosed security status, 0 are secured (0%) and 40 are unsecured.
When do HDFC Bank Limited's bonds mature?
HDFC Bank Limited's active bonds mature between 2026 - 2034; the nearest matures in Nov 2026; the average tenure is 3.7 Yrs.
What is the average coupon on HDFC Bank Limited's bonds?
The average coupon across HDFC Bank Limited's 64 active bonds is 7.70%.
Disclaimer: This page aggregates publicly available data about HDFC Bank Limited 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.