Fixed Alpha
BBB

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.

Avanti Finance Private Limited

INE0BNQ07121· Listed on BSE

10.15%

Yield

Tenure

0Y 3M 12D

Maturity Date

27 Dec 2026

Coupon Frequency

Monthly

Face Value

₹1,00,000

Nature

Secured

Coupon Rate

10.90%

About the Issuer

Avanti Finance Private Limited was founded in August 2016 by the late Mr. Ratan Tata, Mr. Nandan Nilekani, and Dr. Vijay Kelkar as a digital financial inclusion platform aimed at delivering accessible, affordable, and timely credit to un/underserved households across India, and received its NBFC licence in June 2017. Built with the objective of achieving impact at population scale, the company is structured around principles of being paperless, presence-less, and cashless, relying on a digital backbone to enable frictionless credit delivery, and works with a curated network of Loan Service Provider partners who furnish access and serviceability to low-income households.

Rating Rationale

Coupon ladder

Payment schedule of interest and principal

Jan '25Coupon

₹926

Feb '25Coupon

₹926

Mar '25Coupon

₹836

Apr '25Coupon

₹926

May '25Coupon

₹896

Jun '25Coupon

₹926

Jul '25Coupon

₹896

Aug '25Coupon

₹926

Sep '25Coupon

₹926

Oct '25Coupon

₹896

Nov '25Coupon

₹926

Dec '25Coupon

₹896

Jan '26Coupon

₹926

Feb '26Coupon

₹926

Mar '26Coupon

₹836

Apr '26Coupon

₹926

May '26Coupon

₹896

Jun '26Coupon

₹926

Jul '26Coupon

₹896

Aug '26Coupon

₹926

Sep '26Coupon

₹926

Oct '26Coupon

₹896

Nov '26Coupon

₹926

Dec '26Coupon + Principal

₹1,00,896

Bond Trading History

Trading history isn’t available for this instrument yet.

Data as of 16-Sep-2026

How to invest in this bond

Avanti Finance Private 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.INE0BNQ07121If that does not work, try its BSE scrip code:BSE976280
  2. Enter the quantity required.
  3. Enter following Price:₹1,00,001.11This is the Price at which you will earn Fixed Returns (Yield) of 10.15% 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.