CANARA BANK NCD — Bond Price, Yield & Interest Rate (INE476A08241) | EZBond
Technical Profile
CANARA BANK
8.27% UNSECURED RATED LISTED PERPETUAL NON CONVERTIBLE BASEL III COMPLIANT ADDITIONAL TIER 1 BONDS IN THE NATURE OF DEBENTURES SERIES I
INE476A08241 WatchlistActive
Essentials
Coupon Rate
8.27%
Rating
AA+
Interest Frequency
Once a year-
Maturity
Perpetual29 August 2999
Face Value
₹1,00,00,000
Coupon Type
Simple
Issue Details
Issue Size
₹3000 Cr
Risk Profile
What is my risk?
Each bond is regularly evaluated by multiple reputed rating agencies.
Credit Rating Analysis
Current Rating
AA+
Active
Rating Agency
ICRA LIMITED
Evaluation Date
07-08-2024
Verified
Terminal-Grade Data Institutional Source
Common Questions
CANARA BANK INE476A08241 — FAQs
What is the current yield on CANARA BANK (INE476A08241)?+−
The latest traded yield (LTY) on CANARA BANK (INE476A08241) is 8.15%. Over the past week it has averaged 0.00%. The four-week average is 0.00%. The most recent recorded trade was on 15 Sep 2026.
What is the coupon rate of CANARA BANK NCD INE476A08241?+−
This NCD carries a coupon of 8.27% on a face value of ₹1,00,00,000, paid once a year (-).
When does CANARA BANK (INE476A08241) mature?+−
CANARA BANK (INE476A08241) is scheduled to redeem on 29 Aug 2999, which is Perpetual away. It also carries a put/call option: Put: Call: 29/08/2029;21 DAYS prior to the date of exercise of Call;21 DAYS prior to the date of exercise of Call;The Bonds have Call Option exercisable at the initiative of the Bank only after a minimum of five years subject to compliance with the terms specified.
What is the credit rating of CANARA BANK (INE476A08241)?
Issue Price
₹1,00,00,000
Security Class
Debentures
Listing
Listed
Mode
Private Placement
Registrar
KFIN TECHNOLOGIES LIMITED
Ownership
Non PSU
Date of Allotment
29 Aug 2024
Yield Intensity
Last 50 trades
Current LTY
8.15%
Min8.05%
Median8.15%
Max8.15%
Return Calculator
Estimate your coupon income — adjust the amount below
You invest
₹1,00,00,000
1 bond × ₹1,00,00,000 face value
bond
972y 10m left
Defaults to maturity (Aug 2999). Pick an earlier date to model an exit.
Coupon 8.27%Yield (LTY) 8.15%
You could earn about ₹8,27,000 per year in interest.
Annual interest income₹8,27,000
Total interest (972y 10m)₹80,45,05,147
Value at maturity
₹81,45,05,147
Principal returned + interest earned
Simple-interest estimate assuming coupons are paid out (not reinvested) and principal is redeemed at face value on maturity. Actual returns depend on your purchase price, accrued interest, reinvestment and taxes. Not investment advice.
Structure & Protection
Repayment Priority
Higher level indicates higher priority of investment repayment.
Senior Secured
Collateral Security
Assets pledged to protect capital in extreme default events.
Secured Asset
Guarantee Type
Third-party guarantee if the primary issuer defaults.
Guaranteed
+
−
This bond is rated AA+ by ICRA LIMITED, a high-safety investment grade, implying very low expected default risk.
What is the face value and latest traded price of INE476A08241?+−
Each unit has a face value of ₹1,00,00,000, and the latest traded price is ₹100.27. The total issue size is ₹3000 Cr.
How is interest on this NCD taxed in India?+−
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