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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
Muthoot FinCorp Limited is an NBFC. It is into providing Gold Loan, Auto Loan, Money Transfer, Foreign Exchange, Mutual Fund, Demat Services, and MSME Loans. It was founded in 1887. Its parent company is Muthoot Pappachan Group. Muthoot Pappachan Group is an Indian conglomerate founded by Ninan Mathai Muthoot. Muthoot FinCorp Limited owns more than 3,600 branches. In the year 2020 the company announced total assets equivalent to Rs. 17,69,890.86 Lakhs. It serves more than 75,000 customers every day. Nearly 10,000 employees are working for MFL.Mr. Thomas John Muthoot is the Managing Director for Muthoot Pappachan Group. The issuer is liable to deduct TDS @ 10% for Unlisted bonds.
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Learn moreInvesting in Muthoot Fincorp Limited 16 Sep 2030 bond online is a simple process that can be completed in under 5 minutes. Follow these steps:
The yield of Muthoot Fincorp Limited 16 Sep 2030 bond is approximately 9.8503%. 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 Muthoot Fincorp Limited 16 Sep 2030 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.
No, the interest income from Muthoot Fincorp Limited 16 Sep 2030 bonds is not tax-free. It is categorised as "income from other sources," and the applicable tax will be calculated based on your income tax slab.
To sell Muthoot Fincorp Limited 16 Sep 2030 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: