- Current ratings No current agency rating on file; NSDL's debt master records a rating for some bonds, often from the time of issue
- 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- Rating withdrawn, 12 months No withdrawal of this issuer's rating in 12 months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 6 Nov 2026
- Payment record 7 payment disclosures since 17 Jul 2026: all on time
- Defaults on record No bond marked defaulted
- Traded in the last 30 days 2 of 15 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names this issuer, not pools or trusts it originated; a withdrawal is flagged only when the issuer's rating itself is withdrawn, not a single facility.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.
- 15 active bonds tracked from this issuer.
- 6 of 15 tracked bonds with a stated security status are secured. (based on 15 bonds with a disclosed security status)
- Most recent rating action: reaffirm by CRISIL on 6 Nov 2026.
TVS Credit Services Limited, an NBFC in the Financial Services sector, is tracked on RetailBonds.in. Outstanding bonds carry coupons between 7.50% - 11.50%, paid annually. Maturities on outstanding bonds fall between 2027 - 2032.
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 15 bonds · 100% · ₹7,299 Cr tracked
Funding Evolution
Based on 15 of 15 active bonds with a known issue date and issue size.
- AA 12 bonds · 80%
- A 1 bond · 7%
- Unrated 2 bonds · 13%
| Agency | Rating | Outlook | Bonds |
|---|---|---|---|
| CRISIL | AA | — | 5 |
| CARE | AA+ | — | 4 |
| CRISIL | AA- | — | 2 |
| CRISIL | A+ | — | 1 |
| ICRA | AA | — | 1 |
Recent Rating Actions
| ISIN | Bond Name | Coupon | Rating | Maturity | YTM | Last Trade | Details |
|---|---|---|---|---|---|---|---|
| INE729N08055 | TVS Credit Services 8.85% Jun 2027 NCD | 8.85% | AA- (CRISIL, NSDL record 2021) | 2027-06-02 | — | — | |
| INE729N08063 | TVS Credit Services 8.85% Jun 2027 NCD | 8.85% | AA- (CRISIL, NSDL record 2021) | 2027-06-11 | 8.00% | 2026-10-09 | |
| INE729N07065 | TVS Credit Services 8.35% Oct 2027 NCD | 8.35% | AA (CRISIL, NSDL record 2024) | 2027-10-29 | — | — | |
| INE729N07073 | TVS Credit Services 8.25% Dec 2027 NCD | 8.25% | AA+ (CARE, NSDL record 2024) | 2027-12-31 | — | — | |
| INE729N08071 | TVS Credit Services 9.50% Jan 2028 NCD | 9.50% | AA (CRISIL, NSDL record 2022) | 2028-01-18 | — | — | |
| INE729N08089 | TVS Credit Services 9.50% Jan 2028 NCD | 9.50% | AA (CRISIL, NSDL record 2022) | 2028-01-31 | — | — | |
| INE729N07081 | TVS Credit Services 8.25% Mar 2028 NCD | 8.25% | AA+ (CARE, NSDL record 2025) | 2028-03-03 | — | — | |
| INE729N07099 | TVS Credit Services 7.50% Jun 2028 NCD | 7.50% | AA+ (CARE, NSDL record 2025) | 2028-06-27 | — | — | |
| INE729N08097 | TVS Credit Services 9.35% Aug 2028 NCD | 9.35% | AA (CRISIL, NSDL record 2023) | 2028-08-29 | — | — | |
| INE729N07107 | TVS Credit Services 7.55% Sep 2028 NCD | 7.55% | AA+ (CARE, NSDL record 2025) | 2028-09-19 | — | — | |
| INE729N08105 | TVS Credit Services 9.30% Jun 2029 NCD | 9.30% | AA (ICRA, NSDL record 2023) | 2029-06-27 | — | — | |
| INE729N07115 | TVS Credit Services 7.92% Sep 2029 NCD | 7.92% | — | 2029-09-21 | — | 2026-09-25 | |
| INE729N08113 | TVS Credit Services 9.38% Apr 2030 NCD | 9.38% | AA (CRISIL, NSDL record 2024) | 2030-04-24 | — | — | |
| INE729N08121 | TVS Credit Services 8.70% Aug 2032 NCD | 8.70% | — | 2032-08-25 | 8.80% | 2026-10-27 | |
| INE729N08014 | TVS Credit Services 11.50% Perpetual NCD | 11.50% | A+ (CRISIL, NSDL record 2017) | Perpetual | — | — |
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 |
|---|---|---|---|---|---|---|
| 29 Oct 2026 | 8.35% SECURED RATED LISTED... | Interest | ₹41,75,00,000.00 | ₹41,75,00,000.00 | Paid | XBRL → |
| 29 Oct 2026 | 8.35% SECURED RATED LISTED... | Redemption | ₹2,50,00,00,000.00 | ₹2,50,00,00,000.00 | Paid | XBRL → |
| 24 Sep 2026 | 9.38% UNSECURED RATED LISTED TIER II... | Interest | ₹14,07,00,000.00 | ₹14,07,00,000.00 | Paid | XBRL → |
| 19 Sep 2026 | 7.55% SECURED RATED LISTED... | Interest | ₹39,64,00,000.00 | ₹39,64,00,000.00 | Paid | XBRL → |
| 26 Jul 2026 | 9.5% UNSECURED RATED LISTED... | Interest | ₹28,98,00,000.00 | ₹28,98,00,000.00 | 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) | 13 | 2025-08-05 |
| Rating Actions History | 4 | 2026-11-06 |
| Secondary-Market Trades | 11 | 2026-10-27 |
| Reg52(4) Payment Disclosures | 5 | 2026-10-29 |
Methodology version 1.0. See full methodology for sources and limitations.
Related Issuers
All issuers →How many active bonds does TVS Credit Services Limited have?
TVS Credit Services Limited currently has 15 active bonds with coupons of 7.50% - 11.50%, maturities spanning 2027 - 2032.
Are TVS Credit Services Limited's bonds secured?
Of the 15 bonds with a disclosed security status, 6 are secured (40%) and 9 are unsecured.
When do TVS Credit Services Limited's bonds mature?
TVS Credit Services Limited's active bonds mature between 2027 - 2032; the nearest matures in Jun 2027; the average tenure is 1.9 Yrs.
What is the average coupon on TVS Credit Services Limited's bonds?
The average coupon across TVS Credit Services Limited's 15 active bonds is 8.85%.
Disclaimer: This page aggregates publicly available data about TVS Credit Services 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.