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Bond
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10 May ‘24
₹20,150
₹1,000
10 Jun ‘24
10 Jun ‘24
10 Nov ‘25
10 Dec ‘25
10 Dec ‘25
₹21,150
₹3,400
Established in 1987, the Indian Renewable Energy Development Agency Limited (IREDA) functions as a Public Financial Institution, registered with the RBI as a Non-Banking Financial Institution. Administered by the Ministry of New and Renewable Energy, IREDA actively supports schemes and projects aimed at generating electricity and energy through new and renewable sources, along with promoting energy efficiency. Currently led by Chairman and Managing Director Shri Pradip Kumar Das, IREDA has exhibited consistent growth in its loan assets year-on-year. The fiscal year 2018-2019 annual reports indicate a profit of 244.23 crores (Profit after Tax), showcasing the institution's financial stability. During the same period, IREDA successfully raised over 11 thousand crores in capital from international investors, illustrating its appeal to both domestic and international investors interested in contributing to the renewable energy sector. As of FY 2018-19, IREDA reported a total annual revenue of 2020.48 Crores, with its headquarters located in New Delhi.
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Learn moreInvesting in Indian Renewable Energy Development Agency Limited 21 Jan 2031 bond online is a simple process that can be completed in under 5 minutes. Follow these steps:
The yield of Indian Renewable Energy Development Agency Limited 21 Jan 2031 bond is approximately 5.35%. Yield to Maturity or the IRR of the Bond is the total yield earned if the bond is held to maturity. It includes earning from coupon payments and capital appreciation.
The credit rating of Indian Renewable Energy Development Agency Limited 21 Jan 2031 bond indicates the issuer's creditworthiness and ability to meet its financial obligations. This is an independent opinion provided by rating agencies. It indicates the likeliness of a company to default. Rating scale ranges from AAA(being the highest) to D (lowest). A higher rating generally suggests lower risk.
Upon reaching the maturity date, the funds are automatically credited to your linked bank account.
Yes, Indian Renewable Energy Development Agency Limited 21 Jan 2031 bond is tax-free. Government Entities issue fixed-income securities which are tax-free bonds. They provide investors with the opportunity for yearly pre-fixed interest earnings and are a reasonably safe investment choice. In addition, the interest received is tax-free, allowing investors to increase their savings. The principal amount is payable upon maturity, similar to other bonds.
To sell Indian Renewable Energy Development Agency Limited 21 Jan 2031 bond before its maturity date, please contact us at help-inrbonds@vestedfinance.co. Our dedicated support team will guide you through the process and assist you with selling your bond.
Bond investments offer the below compelling benefits, making them a valuable addition to an investment portfolio.
Bonds are usually low-risk, similar to Fixed Deposits. But it's good to know about the risks involved: