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Instrument Details

ISIN: INE562A08073

Face value

₹10,00,000

Coupon rate

8.44%

Payment

Annually

Tax Type

Taxable

Issue Size (Cr)

392

Instrument Type

Bond

Returns

High

Date of Issue

30 Dec 2020

Maturity Date

31 Dec 9999

Perpetual

Yes

Listing Status

Listed

Rating status

AA+ (CRISIL Ratings)

Call Option

Available

Put Option

Not Available

Security with Collaterals

Unsecured

Asset Coverage

-

Seniority in Repayment

Additional Tier 1

Guarantee Type

Non Convertible

About this Bond

INDIAN BANK SR IV 8.44 LOA PERPETUAL FVRS10LAC
Indian Bank, a Finance company, has floated Bond, having ISIN value as INE562A08073, with a face value of ₹10,00,000 rs on 30Dec20 to raise 392 crores. The debt instrument is issued with a coupon rate of 8.44% and its interest is paid Annually. The returns are Taxable and one has to pay the applicable tax on the returns from this investment. As per the filings, the long description of this Unsecured Bond is 8.44% UNSECURED LISTED SUBORDINATED FULLY PAID UP NON CONVERTIBLE PERPETUAL BONDS BASELL III COMPLAINT ADDITIONAL TIER 1 BONDS IN THE NATURE OF DEBENTURES. SERIES IV.LETTER OF ALLOTMENT.. This instrument is issued in Private Placement mode. It has Simple coupon type with Full Redemption option. The Bond is listed on NSE stock exchange on 31Dec20. CRISIL RATINGS LIMITED has given AA+ rating to this Bond on 09Dec20. Neither the Principal nor the Interest is covered for this Bond. Yes, this debt instrument is Perpetual In Nature.

Rating (Debt Quality)

Instrument Rating
AA
High Safety
AA+
check
Date Verified
04 Oct 2021
check
Outlook
Stable
logo
Seniority in Repayment
Additional Tier 1
logo
Security
Unsecured
Investment Calculation (Pre-Tax)

Below is an indicative cash-flow on investment, actual cash-flow may differ.

Face Value
₹10,00,000
Lot Size
100
Minimum Investment
₹10,00,00,000

Cashflow

₹10,00,00,000
30-Dec-20 : Your investment
₹84,40,000
30-Dec-21 : Interest
₹84,40,000
30-Dec-22 : Interest
₹84,40,000
30-Dec-23 : Interest
₹84,40,000
30-Dec-24 : Interest
₹84,40,000
30-Dec-25 : Interest
₹84,40,000
30-Dec-26 : Interest
₹84,40,000
30-Dec-27 : Interest
₹84,40,000
30-Dec-28 : Interest
₹84,40,000
30-Dec-29 : Interest
₹84,40,000
30-Dec-30 : Interest
₹84,40,000
30-Dec-31 : Interest
₹84,40,000
30-Dec-32 : Interest
₹84,40,000
30-Dec-33 : Interest
₹84,40,000
30-Dec-34 : Interest
₹84,40,000
30-Dec-35 : Interest
₹84,40,000
30-Dec-36 : Interest
₹84,40,000
30-Dec-37 : Interest
₹84,40,000
30-Dec-38 : Interest
₹84,40,000
30-Dec-39 : Interest
₹84,40,000
30-Dec-40 : Interest
₹84,40,000
30-Dec-41 : Interest
₹84,40,000
30-Dec-42 : Interest
₹84,40,000
30-Dec-43 : Interest
₹84,40,000
30-Dec-44 : Interest
₹84,40,000
30-Dec-45 : Interest
₹84,40,000
30-Dec-46 : Interest
₹84,40,000
30-Dec-47 : Interest
₹84,40,000
30-Dec-48 : Interest
₹84,40,000
30-Dec-49 : Interest
₹84,40,000
30-Dec-50 : Interest
₹84,40,000
30-Dec-51 : Interest
₹84,40,000
30-Dec-52 : Interest
₹84,40,000
30-Dec-53 : Interest
₹84,40,000
30-Dec-54 : Interest
₹84,40,000
30-Dec-55 : Interest
₹84,40,000
30-Dec-56 : Interest
₹84,40,000
30-Dec-57 : Interest
₹84,40,000
30-Dec-58 : Interest
₹84,40,000
30-Dec-59 : Interest
₹84,40,000
30-Dec-60 : Interest
₹84,40,000
30-Dec-61 : Interest
₹84,40,000
30-Dec-62 : Interest
₹84,40,000
30-Dec-63 : Interest
₹84,40,000
30-Dec-64 : Interest
₹84,40,000
30-Dec-65 : Interest
₹84,40,000
30-Dec-66 : Interest
₹84,40,000
30-Dec-67 : Interest
₹84,40,000
30-Dec-68 : Interest
₹84,40,000
30-Dec-69 : Interest
₹84,40,000
30-Dec-70 : Interest
₹84,40,000
30-Dec-71 : Interest
₹84,40,000
30-Dec-72 : Interest
₹84,40,000
30-Dec-73 : Interest
₹84,40,000
30-Dec-74 : Interest
₹84,40,000
30-Dec-75 : Interest
₹84,40,000
30-Dec-76 : Interest
₹84,40,000
30-Dec-77 : Interest
₹84,40,000
30-Dec-78 : Interest
₹84,40,000
30-Dec-79 : Interest
₹84,40,000
30-Dec-80 : Interest
₹84,40,000
30-Dec-81 : Interest
₹84,40,000
30-Dec-82 : Interest
₹84,40,000
30-Dec-83 : Interest
₹84,40,000
30-Dec-84 : Interest
₹84,40,000
30-Dec-85 : Interest
₹84,40,000
30-Dec-86 : Interest
₹84,40,000
30-Dec-87 : Interest
₹84,40,000
30-Dec-88 : Interest
₹84,40,000
30-Dec-89 : Interest
₹84,40,000
30-Dec-90 : Interest
₹84,40,000
30-Dec-91 : Interest
₹84,40,000
30-Dec-92 : Interest
₹84,40,000
30-Dec-93 : Interest
₹84,40,000
30-Dec-94 : Interest
₹84,40,000
30-Dec-95 : Interest
₹84,40,000
30-Dec-96 : Interest
₹84,40,000
30-Dec-97 : Interest
₹84,40,000
30-Dec-98 : Interest
₹84,40,000
30-Dec-99 : Interest
₹84,40,000
30-Dec-00 : Interest
₹84,40,000
30-Dec-01 : Interest
₹84,40,000
30-Dec-02 : Interest
₹84,40,000
30-Dec-03 : Interest
₹84,40,000
30-Dec-04 : Interest
₹84,40,000
30-Dec-05 : Interest
₹84,40,000
30-Dec-06 : Interest
₹84,40,000
30-Dec-07 : Interest
₹84,40,000
30-Dec-08 : Interest
₹84,40,000
30-Dec-09 : Interest
₹84,40,000
30-Dec-10 : Interest
₹84,40,000
30-Dec-11 : Interest
₹84,40,000
30-Dec-12 : Interest
₹84,40,000
30-Dec-13 : Interest
₹84,40,000
30-Dec-14 : Interest
₹84,40,000
30-Dec-15 : Interest
₹84,40,000
30-Dec-16 : Interest
₹84,40,000
30-Dec-17 : Interest
₹84,40,000
30-Dec-18 : Interest
₹84,40,000
30-Dec-19 : Interest
₹84,40,000
30-Dec-20 : Interest
₹84,40,000
30-Dec-21 : Interest
₹84,40,000
30-Dec-22 : Interest
₹84,40,000
30-Dec-23 : Interest
₹84,40,000
30-Dec-24 : Interest
₹84,40,000
30-Dec-25 : Interest
₹84,40,000
30-Dec-26 : Interest
₹84,40,000
30-Dec-27 : Interest
₹84,40,000
30-Dec-28 : Interest
₹84,40,000
30-Dec-29 : Interest
₹84,40,000
30-Dec-30 : Interest
₹84,40,000
30-Dec-31 : Interest
₹84,40,000
30-Dec-32 : Interest
₹84,40,000
30-Dec-33 : Interest
₹84,40,000
30-Dec-34 : Interest
₹84,40,000
30-Dec-35 : Interest
₹84,40,000
30-Dec-36 : Interest
₹84,40,000
30-Dec-37 : Interest
₹84,40,000
30-Dec-38 : Interest
₹84,40,000
30-Dec-39 : Interest
₹84,40,000
30-Dec-40 : Interest
₹84,40,000
30-Dec-41 : Interest
₹84,40,000
30-Dec-42 : Interest
₹84,40,000
30-Dec-43 : Interest
₹84,40,000
30-Dec-44 : Interest
₹84,40,000
30-Dec-45 : Interest
₹84,40,000
30-Dec-46 : Interest
₹84,40,000
30-Dec-47 : Interest
₹84,40,000
30-Dec-48 : Interest
₹84,40,000
30-Dec-49 : Interest
₹84,40,000
30-Dec-50 : Interest
₹84,40,000
30-Dec-51 : Interest
₹84,40,000
30-Dec-52 : Interest
₹84,40,000
30-Dec-53 : Interest
₹84,40,000
30-Dec-54 : Interest
₹84,40,000
30-Dec-55 : Interest
₹84,40,000
30-Dec-56 : Interest
₹84,40,000
30-Dec-57 : Interest
₹84,40,000
30-Dec-58 : Interest
₹84,40,000
30-Dec-59 : Interest
₹84,40,000
30-Dec-60 : Interest
₹84,40,000
30-Dec-61 : Interest
₹84,40,000
30-Dec-62 : Interest
₹84,40,000
30-Dec-63 : Interest
₹84,40,000
30-Dec-64 : Interest
₹84,40,000
30-Dec-65 : Interest
₹84,40,000
30-Dec-66 : Interest
₹84,40,000
30-Dec-67 : Interest
₹84,40,000
30-Dec-68 : Interest
₹84,40,000
30-Dec-69 : Interest
₹84,40,000
30-Dec-70 : Interest
₹84,40,000
30-Dec-71 : Interest
₹84,40,000
30-Dec-72 : Interest
₹84,40,000
30-Dec-73 : Interest
₹84,40,000
30-Dec-74 : Interest
₹84,40,000
30-Dec-75 : Interest
₹84,40,000
30-Dec-76 : Interest
₹84,40,000
30-Dec-77 : Interest
₹84,40,000
30-Dec-78 : Interest
₹84,40,000
30-Dec-79 : Interest
₹84,40,000
30-Dec-80 : Interest
₹84,40,000
30-Dec-81 : Interest
₹84,40,000
30-Dec-82 : Interest
₹84,40,000
30-Dec-83 : Interest
₹84,40,000
30-Dec-84 : Interest
₹84,40,000
30-Dec-85 : Interest
₹84,40,000
30-Dec-86 : Interest
₹84,40,000
30-Dec-87 : Interest
₹84,40,000
30-Dec-88 : Interest
₹84,40,000
30-Dec-89 : Interest
₹84,40,000
30-Dec-90 : Interest
₹84,40,000
30-Dec-91 : Interest
₹84,40,000
30-Dec-92 : Interest
₹84,40,000
30-Dec-93 : Interest
₹84,40,000
30-Dec-94 : Interest
₹84,40,000
30-Dec-95 : Interest
₹84,40,000
30-Dec-96 : Interest
₹84,40,000
30-Dec-97 : Interest
₹84,40,000
30-Dec-98 : Interest
₹84,40,000
30-Dec-99 : Interest
₹84,40,000
30-Dec-00 : Interest
₹84,40,000
30-Dec-01 : Interest
₹84,40,000
30-Dec-02 : Interest
₹84,40,000
30-Dec-03 : Interest
₹84,40,000
30-Dec-04 : Interest
₹84,40,000
30-Dec-05 : Interest
₹84,40,000
30-Dec-06 : Interest
₹84,40,000
30-Dec-07 : Interest
₹84,40,000
30-Dec-08 : Interest
₹84,40,000
30-Dec-09 : Interest
₹84,40,000
30-Dec-10 : Interest
₹84,40,000
30-Dec-11 : Interest
₹84,40,000
30-Dec-12 : Interest
₹84,40,000
30-Dec-13 : Interest
₹84,40,000
30-Dec-14 : Interest
₹84,40,000
30-Dec-15 : Interest
₹84,40,000
30-Dec-16 : Interest
₹84,40,000
30-Dec-17 : Interest
₹84,40,000
30-Dec-18 : Interest
₹84,40,000
30-Dec-19 : Interest
₹84,40,000
30-Dec-20 : Interest
₹84,40,000
30-Dec-21 : Interest
₹84,40,000
30-Dec-22 : Interest
₹84,40,000
30-Dec-23 : Interest
₹84,40,000
30-Dec-24 : Interest
₹84,40,000
30-Dec-25 : Interest
₹84,40,000
30-Dec-26 : Interest
₹84,40,000
30-Dec-27 : Interest
₹84,40,000
30-Dec-28 : Interest
₹84,40,000
30-Dec-29 : Interest
₹84,40,000
30-Dec-30 : Interest
₹84,40,000
30-Dec-31 : Interest
₹84,40,000
30-Dec-32 : Interest
₹84,40,000
30-Dec-33 : Interest
₹84,40,000
30-Dec-34 : Interest
₹84,40,000
30-Dec-35 : Interest
₹84,40,000
30-Dec-36 : Interest
₹84,40,000
30-Dec-37 : Interest
₹84,40,000
30-Dec-38 : Interest
₹84,40,000
30-Dec-39 : Interest
₹84,40,000
30-Dec-40 : Interest
₹84,40,000
30-Dec-41 : Interest
₹84,40,000
30-Dec-42 : Interest
₹84,40,000
30-Dec-43 : Interest
₹84,40,000
30-Dec-44 : Interest
₹84,40,000
30-Dec-45 : Interest
₹84,40,000
30-Dec-46 : Interest
₹84,40,000
30-Dec-47 : Interest
₹84,40,000
30-Dec-48 : Interest
₹84,40,000
30-Dec-49 : Interest
₹84,40,000
30-Dec-50 : Interest
₹84,40,000
30-Dec-51 : Interest
₹84,40,000
30-Dec-52 : Interest
₹84,40,000
30-Dec-53 : Interest
₹84,40,000
30-Dec-54 : Interest
₹84,40,000
30-Dec-55 : Interest
₹84,40,000
30-Dec-56 : Interest
₹84,40,000
30-Dec-57 : Interest
₹84,40,000
30-Dec-58 : Interest
₹84,40,000
30-Dec-59 : Interest
₹84,40,000
30-Dec-60 : Interest
₹84,40,000
30-Dec-61 : Interest
₹84,40,000
30-Dec-62 : Interest
₹84,40,000
30-Dec-63 : Interest
₹84,40,000
30-Dec-64 : Interest
₹84,40,000
30-Dec-65 : Interest
₹84,40,000
30-Dec-66 : Interest
₹84,40,000
30-Dec-67 : Interest
₹84,40,000
30-Dec-68 : Interest
₹84,40,000
30-Dec-69 : Interest
₹84,40,000
30-Dec-70 : Interest
₹84,40,000
30-Dec-71 : Interest
₹84,40,000
30-Dec-72 : Interest
₹84,40,000
30-Dec-73 : Interest
₹84,40,000
30-Dec-74 : Interest
₹84,40,000
30-Dec-75 : Interest
₹84,40,000
30-Dec-76 : Interest
₹84,40,000
30-Dec-77 : Interest
₹84,40,000
30-Dec-78 : Interest
₹84,40,000
30-Dec-79 : Interest
₹84,40,000
30-Dec-80 : Interest
₹84,40,000
30-Dec-81 : Interest
₹84,40,000
30-Dec-82 : Interest
₹84,40,000
30-Dec-83 : Interest
₹84,40,000
30-Dec-84 : Interest
₹84,40,000
30-Dec-85 : Interest
₹84,40,000
30-Dec-86 : Interest
₹84,40,000
30-Dec-87 : Interest
₹84,40,000
30-Dec-88 : Interest
₹84,40,000
30-Dec-89 : Interest
₹84,40,000
30-Dec-90 : Interest
₹84,40,000
30-Dec-91 : Interest
₹84,40,000
30-Dec-92 : Interest
₹84,40,000
30-Dec-93 : Interest
₹84,40,000
30-Dec-94 : Interest
₹84,40,000
30-Dec-95 : Interest
₹84,40,000
30-Dec-96 : Interest
₹84,40,000
30-Dec-97 : Interest
₹84,40,000
30-Dec-98 : Interest
₹84,40,000
30-Dec-99 : Interest
₹84,40,000
30-Dec-00 : Interest
₹84,40,000
30-Dec-01 : Interest
₹84,40,000
30-Dec-02 : Interest
₹84,40,000
30-Dec-03 : Interest
₹84,40,000
30-Dec-04 : Interest
₹84,40,000
30-Dec-05 : Interest
₹84,40,000
30-Dec-06 : Interest
₹84,40,000
30-Dec-07 : Interest
₹84,40,000
30-Dec-08 : Interest
₹84,40,000
30-Dec-09 : Interest
₹84,40,000
30-Dec-10 : Interest
₹84,40,000
30-Dec-11 : Interest
₹84,40,000
30-Dec-12 : Interest
₹2,56,44,80,000
31-Dec-99 : Maturity amount (Investment: ₹10,00,00,000, Interest earned: ₹2,46,44,80,000)

Summary

Instrument Attributes

Value

Coupon Rate

8.44%

Returns

High

Bond Rating

AA+

Seniority in Repayment

Additional Tier 1

Instrument Category

Non Convertible

About the issuer

Basic Industry
BASIC INDUSTRY
Finance
Head Office
HEAD OFFICE
Chennai
Sector name
SECTOR
-
Issuer ownership
ISSUER OWNERSHIP
Private Sector

FAQs about INE562A08073 issued by Indian Bank

The instrument name of INE562A08073 ISIN is INDIAN BANK SR IV 8.44 LOA PERPETUAL FVRS10LAC.
The interest earned from INE562A08073 bond issued by Indian Bank is paid Annually, ensuring regular and consistent income for investors.
This INE562A08073 bond issued by Indian Bank has been assigned a credit rating of AA+ by CRISIL RATINGS LIMITED, directly indicating the issuer's creditworthiness and the probability of default.
This Bond offers a coupon rate of 8.44%, which determines the periodic interest payments made to bondholders.
The INE562A08073 Bond is issued by Indian Bank, a Private Sector company.
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