Fixed Alpha
AAA

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.

Shriram Finance Limited

INE721A07OQ7· Listed on NSE & BSE

7.70%

Yield

Tenure

2Y 4M 22D

Maturity Date

06 Feb 2029

Coupon Frequency

Annual

Face Value

₹1,000

Nature

Secured

Coupon Rate

9.70%

About the Issuer

Shriram Finance Ltd (SFL), incorporated in 1979, is a deposit-taking NBFC registered with the RBI, formed through the merger of Shriram City Union Finance (SCUF) and the demerged undertaking of Shriram Capital Limited into SFL, then known as Shriram Transport Finance Company Ltd (STFCL). This restructuring resulted in Shriram Capital and SCUF ceasing to exist, simplifying the group's structure. SFL holds an 84.2% stake in Shriram Housing Finance Ltd (SHFL), which continues to operate as its subsidiary. SFL belongs to the Shriram Group, a well-established financial services conglomerate with a strong presence in lending and asset financing; its promoters have focused on streamlining operations and expanding market reach to drive financial inclusion across diverse borrower segments. The company's offerings span vehicle financing for commercial vehicles (both new and pre-owned), tractors, and passenger vehicles, alongside retail financing products earlier managed by SCUF, including small enterprise loans, two-wheeler loans, gold loans, housing loans, and auto/personal loans, serving a broad customer base. SFL ranks as India's second-largest retail NBFC and holds a dominant position in pre-owned commercial vehicle financing, backed by a diversified loan portfolio, strong capitalisation, a stable earnings profile, and a well-diversified funding mix that supports long-term financial resilience.

Coupon ladder

Payment schedule of interest and principal

Feb '20Coupon

₹97

Feb '21Coupon

₹97

Feb '22Coupon

₹97

Feb '23Coupon

₹97

Feb '24Coupon

₹97

Feb '25Coupon

₹97

Feb '26Coupon

₹97

Feb '27Coupon

₹97

Feb '28Coupon

₹97

Feb '29Coupon + Principal

₹1,097

Bond Trading History

Trading history isn’t available for this instrument yet.

Data as of 16-Sep-2026

How to invest in this bond

Shriram Finance 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.INE721A07OQ7If that does not work, try its BSE or NSE scrip code:BSE936460NSE8642
  2. Enter the quantity required.
  3. Enter following Price:₹1,100.18This is the Price at which you will earn Fixed Returns (Yield) of 7.70% 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.