You can sell this Bond anytimeThis Bond can be sold directly, anytime before maturity, at the current price. The amount will be credited in 2 days, in your demat linked bank account.
YTM
8.15%
Tenure left
55 months
Interest payout
Annual
Principal payout
Bullet
Yield to Maturity (YTM)YTM defines the annual return a bond offers if held to maturity. It assumes all payouts received get reinvested at the same rate until maturity.
YTM is XIRR of bonds.
Principal is returned in bullet instalments
The Principal is returned in bullet instalments for this Bond, so you receive a portion of your invested amount back regularly.
As principal is returned, interest is earned on the outstanding principal.
Bond details
Minimum investment₹1,02,875.63
Date of maturity16 Jun 2031
ISININE282H07067
Bond typeSenior Secured
Rating
AAA
What does rating mean?
Rating
The rating of an issuer company reflects its past growth and performance. The rating increases when the company consistently performs well and decreases when it is not performing well.
Categories
Low risk:
AAA, AA+, AA, AA-, A+, A, A-
Moderate risk
BBB+, BBB, BBB-, BB+, BB
High risk
BB-, B+, B, B-, C, D
The rating agency for this Bond is CRISIL RATINGS LIMITED.
Calculate your returns
You invest₹00 unit
You get₹0
Interest +₹0
Payout Schedule
Maturing on 16 Jun '31 • Annual payout
About
Jio Credit Limited is a corporate entity headquartered at Maker Maxity in the Bandra Kurla Complex, Mumbai, with its financial operations overseen by Chief Financial Officer Harini Anand. The company actively raises capital through the issuance of large-scale Non-Convertible Debentures (NCDs) and manages a substantial debt portfolio evaluated by prominent rating agencies such as Crisil and CARE Ratings. Its debt instruments and activities fall under the regulatory purview of multiple financial sector regulators, including SEBI, RBI, and MCA.;
Pros and Cons
Pros
Cons
Crisil Ratings maintains an outstanding rating of "Crisil AAA/Stable" for the company's Non-Convertible Debentures, covering aggregate limits of Rs. 27,000 crore and an additional Rs. 3,000 crore.
CARE Ratings has reaffirmed a "CARE AAA; Stable" rating for the company's Non-Convertible Debenture issues of Rs. 3,000 crore and Rs. 9,000 crore, bringing the total limit reviewed by CARE to Rs. 12,000 crore.
The AAA ratings from both agencies indicate that the company's securities carry the lowest credit risk and offer the highest degree of safety regarding the timely servicing of financial obligations.
The "Stable" outlook assigned by the rating agencies reflects an expectation of steady creditworthiness and ongoing financial stability.
The company adheres to regulatory requirements by tracking its securities through a centralized database for corporate bonds and providing ISIN details to depositories like NSDL and CDSL within two days of allotment.
Other details
Clean price₹99,905.90
Dirty price₹1,02,875.63
Current yield8.15%
Security cover--
Issue size15000.00Cr
Original bond tenure60 months
TrusteeAxis Trustee Services Limited
Mode of issueNCD
Listed onNSE
Listing date16 Jun 2026
Coupon rate8.15%
Other details
Clean priceThe bond's original price without earned interest on it.
Dirty priceThe total price you pay - bond price plus accrued interest.
Security coverThe value of assets pledged by the issuer as backup, shown as a multiple of the outstanding loan amount.
Issue sizeThe total amount of money the company is raising through this bond issue.
Original bond tenureThe total duration of the bond from issue date to maturity date.
TrusteeAn independent entity appointed to protect bondholders' interests and monitor the issuer.
Mode of issueHow the bond is offered to investors (e.g., public issue open to all investors).
Listed onStock exchanges where the bond can be bought and sold after issuance.
Listing dateThe date from which the bond became available for trading on the stock exchange.
Maturity dateThe date when the company repays the bond's principal amount.
Coupon rateThe fixed annual interest rate paid to investors on the bond's face value.
Current yieldThe annual interest you earn divided by the bond's current market price.
