Question 1

What is the current yield on BANK OF MAHARASHTRA (INE457A08183)?

Accepted Answer

The latest traded yield (LTY) on BANK OF MAHARASHTRA (INE457A08183) is 8.35%. Over the past week it has averaged 8.35%. The four-week average is 8.35%. The most recent recorded trade was on 02 Nov 2026.

Question 2

What is the coupon rate of BANK OF MAHARASHTRA NCD INE457A08183?

Accepted Answer

This NCD carries a coupon of 7.70% on a face value of ₹1,00,000, paid once a year (-).

Question 3

When does BANK OF MAHARASHTRA (INE457A08183) mature?

Accepted Answer

BANK OF MAHARASHTRA (INE457A08183) is scheduled to redeem on 18 Feb 2035, which is 8 years 3 months away. It also carries a put/call option: Put:  Call:.

Question 4

What is the credit rating of BANK OF MAHARASHTRA (INE457A08183)?

Accepted Answer

This bond is rated AA+ by CARE RATINGS LIMITED, a high-safety investment grade, implying very low expected default risk.

Question 5

What is the face value and latest traded price of INE457A08183?

Accepted Answer

Each unit has a face value of ₹1,00,000, and the latest traded price is ₹96.12. The total issue size is ₹1612 Cr.

Question 6

How is interest on this NCD taxed in India?

Accepted Answer

Interest received on a listed NCD is added to your income and taxed at your slab rate. Gains from selling a listed NCD on the exchange before maturity are taxed as capital gains — short-term at your slab rate if held 12 months or less, and at 12.5% without indexation if held longer. Read the full tax guide

BANK OF MAHARASHTRA

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