Fixed Alpha
AA-

What do these ratings mean?

Credit ratings assigned by SEBI-registered agencies such as CRISIL, ICRA and CARE.

Sovereign BondsSOVEREIGN
These securities are the safest investments, backed by governments with a strong ability to meet financial obligations.
Highest SafetyAAA
Securities with this rating are considered to have the highest degree of safety regarding timely servicing of financial obligations. Such securities carry lowest credit risk.
High SafetyAA+AAAA-
Securities with this rating are considered to have high degree of safety regarding timely servicing of financial obligations. Such securities carry very low credit risk.
Adequate SafetyA+AA-
Securities with this rating are considered to have adequate degree of safety regarding timely servicing of financial obligations. Such securities carry low credit risk.
Moderate SafetyBBB+BBBBBB-
Securities with this rating are considered to have moderate degree of safety regarding timely servicing of financial obligations. Such securities carry moderate credit risk.
Moderate RiskBB+BBBB-
Securities with this rating are considered to have moderate risk of default regarding timely servicing of financial obligations.
Moderate High RiskB+BB-
Securities with this rating are considered to have high risk of default regarding timely servicing of financial obligations.
Very High RiskCCC+CCCCCC-CC+CCCC-C+CC-
Securities with this rating are considered to have very high risk of default regarding timely servicing of financial obligations.
DefaultD
Securities with this rating are in default or are expected to be in default soon.

Muthoot Microfin Limited

INE046W07305· Listed on BSE

51.44%

Yield

Tenure

1Y 1M 20D

Maturity Date

04 Nov 2027

Coupon Frequency

Monthly

Face Value

₹62,500

Nature

Secured

Coupon Rate

9.80%

About the Issuer

Muthoot Microfin Ltd, established in 2010, is a prominent microfinance institution in India, headquartered in Kochi. As a subsidiary of the Muthoot Pappachan Group, it focuses on delivering financial services to women entrepreneurs in rural and semi-urban areas, operating across multiple states with micro-loans designed to empower women and drive financial inclusion. The Muthoot Pappachan Group, founded in 1887, is a diversified Indian conglomerate spanning hospitality, automotive dealerships, real estate, healthcare, IT services, precious metals, alternative energy, and security services; its extensive experience and resources have meaningfully supported Muthoot Microfin's growth and stability. The company's product suite includes income-generating loans, health and hygiene loans, and life-betterment solutions, tailored to the diverse needs of rural women and aimed at supporting their entrepreneurial ventures and improving their quality of life. Muthoot Microfin benefits from a strong capital base bolstered by significant equity infusions, along with an extensive branch network that ensures wide customer accessibility. The Muthoot Pappachan Group's long-standing presence in financial services and its focus on customer care have further reinforced the company's position as a trusted provider in India.

Coupon ladder

Payment schedule of interest and principal

Dec '25Coupon

₹1,530

Jan '26Coupon

₹832

Feb '26Coupon + Principal

₹13,252

Mar '26Coupon

₹728

Apr '26Coupon

₹705

May '26Coupon + Principal

₹13,228

Jun '26Coupon

₹604

Jul '26Coupon

₹624

Aug '26Coupon + Principal

₹13,124

Sep '26Coupon

₹503

Oct '26Coupon

₹520

Nov '26Coupon + Principal

₹13,003

Dec '26Coupon

₹416

Jan '27Coupon

₹416

Feb '27Coupon + Principal

₹12,876

Mar '27Coupon

₹312

Apr '27Coupon

₹302

May '27Coupon + Principal

₹12,812

Jun '27Coupon

₹201

Jul '27Coupon

₹208

Aug '27Coupon + Principal

₹12,708

Sep '27Coupon

₹101

Oct '27Coupon

₹104

Nov '27Coupon + Principal

₹12,513

Bond Trading History

Trading history isn’t available for this instrument yet.

Data as of 16-Sep-2026

How to invest in this bond

Muthoot Microfin Limited

Login to your existing Equity broker (Eg. Zerodha, ICICI Direct) and purchase bonds from BSE/NSE just like equity using the following steps:

  1. Search for this specific bond. Copy its ISIN and enter in the Search bar of your broker app.INE046W07305If that does not work, try its BSE scrip code:BSE977280
  2. Enter the quantity required.
  3. Enter following Price:₹50,663.70This is the Price at which you will earn Fixed Returns (Yield) of 51.44% if you hold the bond till maturity. If you enter a different price, then your returns will differ.
  4. Fund your wallet and place the order.
  5. Once the transaction is successful, bonds will get credited to your demat account next day (T+1) like equities.
  6. Interest and Principal will get directly deposited to your bank account linked with your Demat.