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LIC Housing Finance Limited — Bonds & AAA (CRISIL) Rating

NBFC · Real Estate

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Methodology v1.0 Download Report (PDF) Watch
Agency Rating
AAA (CRISIL)
Most common current rating on senior bonds
10 of 10 rated · CRISIL, 28 Jun 2026
Total Debt Outstanding
₹1,14,679 Cr
Across 86 instruments
Active Bonds
86
First Issue
29 Jun 2016
Latest Issue
16 Sep 2026
Maturity Range
2026 - 2035
Observation
86 active bonds tracked from this issuer.
View details →
Coverage: High Data Quality: High Sources: NSE, BSE, SEBI, rating agencies
Issuer health card 1 item to look at
  • Current ratings CRISIL AAA
  • Rating range All current ratings are AAA (CRISIL 28 Jun 2026)
  • 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  • Rating withdrawn, 12 months No withdrawal of this issuer's rating in 12 months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 28 Jun 2026
  • Payment record 22 payment disclosures since 17 Jul 2026: 1 paid more than 3 days late, 0 short-paid
  • Defaults on record No bond marked defaulted
  • Traded in the last 30 days 25 of 86 active bonds had an exchange trade
  • Exchange filings, 90 days 0 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names this issuer, not pools or trusts it originated; a withdrawal is flagged only when the issuer's rating itself is withdrawn, not a single facility.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.

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01 Issuer Overview
Sector
Real Estate
Issuer Type
NBFC
First Tracked Bond
29 Jun 2016
Start of this issuer's debt program timeline
  • 86 active bonds tracked from this issuer.
  • 83 of 86 tracked bonds with a stated security status are secured. (based on 86 bonds with a disclosed security status)
  • Most recent rating action: update by CRISIL on 30 Sep 2026.

LIC Housing Finance Limited is an NBFC in the Real Estate sector. Coupon rates on outstanding bonds range from 6.40% - 9.10%, paid annually. Bonds mature between 2026 - 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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02 Debt Profile
Outstanding Bonds
86
Tracked by RetailBonds
Amount Tracked
₹1,14,679 Cr
Of bonds tracked by RetailBonds — not the issuer's total outstanding debt (disclosed for 56 of 86 bonds)
Avg Coupon
7.70%
Range 6.40% - 9.10%
Avg Remaining Tenure
3.2 Yrs
Nearest maturity Nov 2026
Secured
96%
83 of 86 bonds with known status
Callable
0
Of 86 bonds
Avg Spread vs G-Sec
+129 bps
Credit premium, from 15 bonds with a current market yield

Maturity Profile

Active bonds maturing, by year. Bar height relative to the tallest year (18 bonds).

0 2026: 4 bonds, ₹5,055 Cr tracked, avg coupon 6.91% 4 bonds 2026 2027: 18 bonds, ₹20,000 Cr tracked, avg coupon 7.63% 18 bonds 2027 2028: 15 bonds, ₹12,334 Cr tracked, avg coupon 8.02% 15 bonds 2028 2029: 14 bonds, ₹26,362 Cr tracked, avg coupon 7.98% 14 bonds 2029 2030: 6 bonds, ₹4,330 Cr tracked, avg coupon 7.41% 6 bonds 2030 2031: 7 bonds, ₹7,557 Cr tracked, avg coupon 7.41% 7 bonds 2031 2032: 6 bonds, ₹5,225 Cr tracked, avg coupon 7.62% 6 bonds 2032 2033: 7 bonds, ₹11,820 Cr tracked, avg coupon 7.82% 7 bonds 2033 2034: 7 bonds, ₹13,750 Cr tracked, avg coupon 7.67% 7 bonds 2034 2035: 2 bonds, ₹8,245 Cr tracked, avg coupon 7.58% 2 bonds 2035

Security Type / Instrument Mix

  • NCD 86 bonds · 100% · ₹1,14,679 Cr tracked

Funding Evolution

■ Issued that year — Cumulative outstanding (tracked)
2016: ₹1,000 Cr issued 2016 2017: ₹2,330 Cr issued 2017 2018: ₹4,900 Cr issued 2018 2019: ₹8,017 Cr issued 2019 2020: ₹2,120 Cr issued 2020 2021: ₹8,302 Cr issued 2021 2022: ₹11,360 Cr issued 2022 2023: ₹15,301 Cr issued 2023 2024: ₹38,248 Cr issued 2024 2025: ₹17,450 Cr issued 2025 2026: ₹5,650 Cr issued 2026 Cumulative: ₹1,000 Cr Cumulative: ₹3,330 Cr Cumulative: ₹8,230 Cr Cumulative: ₹16,247 Cr Cumulative: ₹18,367 Cr Cumulative: ₹26,669 Cr Cumulative: ₹38,029 Cr Cumulative: ₹53,330 Cr Cumulative: ₹91,579 Cr Cumulative: ₹1,09,029 Cr Cumulative: ₹1,14,679 Cr

Based on 56 of 86 active bonds with a known issue date and issue size — the rest are excluded, not assumed zero.

Financial Snapshot

Q1 FY27
Debt / Equity
0.07
 
Debt Service Coverage (DSCR)
0.00
 
Interest Service Coverage (ISCR)
0.00
 
Total Financial Indebtedness
₹2,82,572.95 Cr
 
Unlisted Debt Securities Outstanding
₹0.00 Cr
 
Defaults on Unlisted Debt Securities
₹0.00 Cr
 
Revenue from Operations
₹7,062.45 Cr
 
Net Profit / Loss
₹1,488.32 Cr
 
Profit Before Tax
₹1,888.43 Cr
 

As filed under SEBI LODR Reg 52(4) / Integrated Filing, filed 30 Jul 2026. Figures are reported facts, not a rating or recommendation.

03 Credit Profile
  • AAA 55 bonds · 64%
  • Unrated 31 bonds · 36%
AgencyRatingOutlookBonds
CRISIL AAA — 10
CRISIL AAA NSDL record — 29
CARE AAA NSDL record — 16

Recent Rating Actions

30 Sep 2026 · CRISIL
—
Update
30 Jun 2026 · CRISIL
—
Update
04 Outstanding Bonds View all bonds →
ISIN Bond Name Coupon Rating Maturity YTM Last Trade Details
IN8115A07386 LIC Housing Finance 6.40% Nov 2026 NCD 6.40% — 2026-11-30 — —
INE115A07PN6 LIC Housing Finance 6.40% Nov 2026 NCD 6.40% AAA (CARE, NSDL record 2021) 2026-11-30 — 2026-11-02
INE115A07RA9 LIC Housing Finance 7.69% Dec 2026 NCD 7.69% AAA (CRISIL, NSDL record 2024) 2026-12-11 — 2026-09-11
INE115A07KY4 LIC Housing Finance 7.16% Dec 2026 NCD 7.16% AAA (CRISIL, NSDL record 2016) 2026-12-16 — —
IN8115A07139 LIC Housing Finance 6.65% Feb 2027 NCD 6.65% — 2027-02-15 — —
INE115A07PR7 LIC Housing Finance 6.65% Feb 2027 NCD 6.65% AAA (CARE, NSDL record 2022) 2027-02-15 7.23% 2026-10-16
INE115A07RE1 LIC Housing Finance 7.73% Mar 2027 NCD 7.73% AAA (CRISIL) 2027-03-18 8.05% 2026-10-28
INE115A07LO3 LIC Housing Finance 7.95% Mar 2027 NCD 7.95% AAA (CARE, NSDL record 2017) 2027-03-26 — 2026-07-16
INE115A07QO2 LIC Housing Finance 7.83% May 2027 NCD 7.83% AAA (CARE, NSDL record 2024) 2027-05-11 7.60% 2026-10-13
IN8115A07378 LIC Housing Finance 7.83% May 2027 NCD 7.83% — 2027-05-11 — —
INE115A07LU0 LIC Housing Finance 7.86% May 2027 NCD 7.86% AAA (CRISIL, NSDL record 2017) 2027-05-17 — 2026-08-13
INE115A07MC6 LIC Housing Finance 7.56% Jun 2027 NCD 7.56% AAA (CARE, NSDL record 2017) 2027-06-14 — —
INE115A07PV9 LIC Housing Finance 7.90% Jun 2027 NCD 7.90% AAA (CARE, NSDL record 2022) 2027-06-23 8.40% 2026-11-03
IN8115A07162 LIC Housing Finance 7.90% Jun 2027 NCD 7.90% — 2027-06-23 — —
INE115A07QS3 LIC Housing Finance 7.93% Jul 2027 NCD 7.93% AAA (CRISIL) 2027-07-14 8.24% 2026-11-06
INE115A07RH4 LIC Housing Finance 6.90% Sep 2027 NCD 6.90% AAA (CRISIL, NSDL record 2025) 2027-09-17 — 2026-10-01
INE115A07QZ8 LIC Housing Finance 7.74% Oct 2027 NCD 7.74% AAA (CRISIL, NSDL record 2024) 2027-10-22 8.25% 2026-10-29
IN8115A07477 LIC Housing Finance 7.74% Oct 2027 NCD 7.74% — 2027-10-22 — —
INE115A07MQ6 LIC Housing Finance 7.75% Nov 2027 NCD 7.75% AAA (CRISIL, NSDL record 2017) 2027-11-23 8.33% 2026-11-04
IN8115A07204 LIC Housing Finance 7.75% Nov 2027 NCD 7.75% — 2027-11-23 — —
IN8115A07287 LIC Housing Finance 7.80% Dec 2027 NCD 7.80% — 2027-12-22 — —
INE115A07QC7 LIC Housing Finance 7.80% Dec 2027 NCD 7.80% AAA (CARE, NSDL record 2022) 2027-12-22 8.33% 2026-11-04
INE115A07MW4 LIC Housing Finance 7.95% Jan 2028 NCD 7.95% AAA (CARE, NSDL record 2018) 2028-01-29 8.40% 2026-11-05
IN8115A07238 LIC Housing Finance 7.95% Jan 2028 NCD 7.95% — 2028-01-29 — —
IN8115A07451 LIC Housing Finance 7.74% Feb 2028 NCD 7.74% — 2028-02-11 — —
INE115A07QW5 LIC Housing Finance 7.74% Feb 2028 NCD 7.74% AAA (CRISIL) 2028-02-11 8.35% 2026-11-03
INE115A07QJ2 LIC Housing Finance 7.70% May 2028 NCD 7.70% AAA (CRISIL, NSDL record 2023) 2028-05-16 — 2026-09-04
IN8115A07295 LIC Housing Finance 7.70% May 2028 NCD 7.70% — 2028-05-16 — —
IN8115A07089 LIC Housing Finance 6.68% Jun 2028 NCD 6.68% — 2028-06-04 — —
INE115A07PH8 LIC Housing Finance 6.68% Jun 2028 NCD 6.68% AAA (CRISIL, NSDL record 2021) 2028-06-04 8.43% 2026-11-03
INE115A07QM6 LIC Housing Finance 7.77% Aug 2028 NCD 7.77% AAA (CRISIL, NSDL record 2023) 2028-08-11 — —
IN8115A07501 LIC Housing Finance 7.77% Aug 2028 NCD 7.77% — 2028-08-11 — —
INE115A07NH3 LIC Housing Finance 9.10% Sep 2028 NCD 9.10% AAA (CRISIL, NSDL record 2018) 2028-09-24 — —
INE115A07ND2 LIC Housing Finance 9.08% Oct 2028 NCD 9.08% AAA (CARE, NSDL record 2018) 2028-10-10 — —
INE115A07NL5 LIC Housing Finance 8.97% Nov 2028 NCD 8.97% AAA (CRISIL, NSDL record 2018) 2028-11-17 — 2026-09-18
INE115A07NP6 LIC Housing Finance 8.75% Dec 2028 NCD 8.75% AAA (CARE, NSDL record 2018) 2028-12-08 — 2026-08-21
IN8115A07352 LIC Housing Finance 8.75% Dec 2028 NCD 8.75% — 2028-12-08 — —
IN8115A07345 LIC Housing Finance 8.80% Jan 2029 NCD 8.80% — 2029-01-25 — —
INE115A07NU6 LIC Housing Finance 8.80% Jan 2029 NCD 8.80% AAA (CRISIL, NSDL record 2019) 2029-01-25 8.58% 2026-10-26
INE115A07OB4 LIC Housing Finance 8.70% Mar 2029 NCD 8.70% AAA (CRISIL, NSDL record 2019) 2029-03-23 8.50% 2026-11-05
IN8115A07394 LIC Housing Finance 7.87% May 2029 NCD 7.87% — 2029-05-14 — —
INE115A07QQ7 LIC Housing Finance 7.87% May 2029 NCD 7.87% AAA (CRISIL) 2029-05-14 — 2026-07-28
IN8115A07402 LIC Housing Finance 7.99% Jul 2029 NCD 7.99% — 2029-07-12 — —
INE115A07OF5 LIC Housing Finance 7.99% Jul 2029 NCD 7.99% AAA (CARE, NSDL record 2019) 2029-07-12 — 2026-10-05
INE115A07QU9 LIC Housing Finance 7.75% Aug 2029 NCD 7.75% AAA (CRISIL) 2029-08-23 — 2026-09-24
IN8115A07436 LIC Housing Finance 7.75% Aug 2029 NCD 7.75% — 2029-08-23 — —
INE115A07RK8 LIC Housing Finance 7.87% Sep 2029 NCD 7.87% — 2029-09-17 8.45% 2026-10-29
IN8115A07469 LIC Housing Finance 7.57% Oct 2029 NCD 7.57% — 2029-10-18 — —
INE115A07QY1 LIC Housing Finance 7.57% Oct 2029 NCD 7.57% AAA (CRISIL, NSDL record 2024) 2029-10-18 — 2026-08-12
INE115A07RJ0 LIC Housing Finance 7.57% Nov 2029 NCD 7.57% AAA (CRISIL, NSDL record 2026) 2029-11-23 8.37% 2026-11-02
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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 (24)
05 Market Activity

Last 30 days, across all outstanding bonds from this issuer.

BSE Traded Value (Last 30 Days)
—
Number of Trades (Last 30 Days)
60
Avg. Yield (Last 30 Days)
8.21%
06 Payment Disclosures (SEBI Reg52(4)) 12 disclosed

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 DateBondTypeAmount DueAmount PaidStatusFiling
26 Oct 2026 9.10% SECURED RATED LISTED... Interest ₹57,38,00,000.00 ₹57,38,00,000.00 Paid XBRL →
22 Oct 2026 7.74% SECURED RATED LISTED... Interest ₹2,64,32,00,000.00 ₹2,64,32,00,000.00 Paid XBRL →
19 Oct 2026 7.57% SECURED RATED LISTED... Interest ₹2,97,88,00,000.00 ₹2,97,88,00,000.00 Paid XBRL →
12 Oct 2026 9.08% SECURED RATED LISTED... Interest ₹82,81,00,000.00 ₹82,81,00,000.00 Paid XBRL →
24 Sep 2026 6.95% SECURED RATED LISTED... Interest ₹67,76,00,000.00 ₹67,76,00,000.00 Paid XBRL →
17 Sep 2026 6.90% SECURED RATED LISTED... Interest ₹2,24,25,00,000.00 ₹2,24,25,00,000.00 Paid XBRL →
29 Aug 2026 7.61% SECURED RATED LISTED... Interest ₹2,45,80,00,000.00 ₹2,45,80,00,000.00 Paid XBRL →
23 Aug 2026 7.75% SECURED RATED LISTED... Interest ₹2,75,13,00,000.00 ₹2,75,13,00,000.00 Paid XBRL →
19 Aug 2026 7.65% SECURED RATED LISTED... Interest ₹1,13,75,00,000.00 ₹1,13,75,00,000.00 Paid XBRL →
18 Aug 2026 7.85% SECURED RATED LISTED... Interest ₹2,74,75,00,000.00 ₹2,74,75,00,000.00 Paid XBRL →
11 Aug 2026 7.77% SECURED RATED LISTED... Interest ₹1,58,59,00,000.00 ₹1,58,59,00,000.00 Paid XBRL →
27 Jul 2026 7.64% SECURED RATED LISTED... Interest ₹95,50,00,000.00 ₹95,50,00,000.00 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.

07 Regulatory Filings
Credit Rating Rationale
08 Methodology & Data Coverage
DatasetCountFreshness
Credit Ratings (current) 55 2026-06-28
Rating Actions History 2 2026-09-30
Secondary-Market Trades 282 2026-11-06
Reg52(4) Payment Disclosures 12 2026-10-26

Methodology version 1.0. See full methodology for sources and limitations.

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Frequently Asked Questions
How many active bonds does LIC Housing Finance Limited have?

LIC Housing Finance Limited currently has 86 active bonds with coupons of 6.40% - 9.10%, maturities spanning 2026 - 2035.

What is LIC Housing Finance Limited's credit rating?

The most common current rating on LIC Housing Finance Limited's senior bonds is AAA (CRISIL). Ratings on file come from CRISIL.

Are LIC Housing Finance Limited's bonds secured?

Of the 86 bonds with a disclosed security status, 83 are secured (96%) and 3 are unsecured.

When do LIC Housing Finance Limited's bonds mature?

LIC Housing Finance Limited's active bonds mature between 2026 - 2035; the nearest matures in Nov 2026; the average tenure is 3.2 Yrs.

What is the average coupon on LIC Housing Finance Limited's bonds?

The average coupon across LIC Housing Finance Limited's 86 active bonds is 7.70%.

Disclaimer: This page aggregates publicly available data about LIC Housing Finance 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.