Instrument Details

ISIN: INE018E08284

Face value

₹10,00,000

Coupon rate

5.82%

Payment

Annually

Tax Type

Taxable

Issue Size (Cr)

650

Instrument Type

Debenture

Returns

Medium

Date of Issue

24 Dec 2021

Maturity Date

24 Dec 2024

Perpetual

Yes

Listing Status

Listed

Rating status

AAA (CRISIL Ratings)

Call Option

Not Available

Put Option

Not Available

Security with Collaterals

Unsecured

Asset Coverage

-

Seniority in Repayment

Senior

Guarantee Type

Non Convertible

About this Bond

SBI CARDS AND PAYMENT SERVICES LIMITED SR 28 5.82 NCD 24DC24 FVRS10LAC
Sbi Cards And Payment Services Limited, a Non-Banking Financial Company (NBFC) company, has floated Debenture, having ISIN value as INE018E08284, with a face value of ₹10,00,000 rs on 24Dec21 to raise 650 crores. The debt instrument is issued with a coupon rate of 5.82% 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 Debenture is 5.82% UNSECURED RATED LISTED NON CONVERTIBLE DEBENTURE. SERIES 28. DATE OF MATURITY 24/12/2024.. This instrument is issued in Private Placement (EBP) mode. It has Simple coupon type with Full Redemption option. The Debenture is listed on BSE stock exchange on 24Dec21. CRISIL RATINGS LIMITED has given AAA rating to this Debenture on 08Dec21. This issuer is formerly known as SBI CARDS & PAYMENT SERVICES PRIVATE LIMITED Neither the Principal nor the Interest is covered for this Debenture. Yes, this debt instrument is Perpetual In Nature.

Rating (Debt Quality)

Instrument Rating
AAA
Highest Safety
AAA
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Date Verified
24 Dec 2021
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Outlook
Stable
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Seniority in Repayment
Senior
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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
24-Dec-21 : Your investment
₹58,20,000
24-Dec-22 : Interest
₹58,20,000
24-Dec-23 : Interest
₹58,20,000
24-Dec-24 : Interest
₹11,74,60,000
24-Dec-24 : Maturity amount (Investment: ₹10,00,00,000, Interest earned: ₹1,74,60,000)

Summary

Instrument Attributes

Value

Coupon Rate

5.82%

Returns

Medium

Bond Rating

AAA

Seniority in Repayment

Senior

Instrument Category

Non Convertible

About the issuer

Basic Industry
BASIC INDUSTRY
Non-Banking Financial Company (NBFC)
Head Office
HEAD OFFICE
New Delhi
Sector name
SECTOR
Financial Services
Issuer ownership
ISSUER OWNERSHIP
Private Sector

FAQs about INE018E08284 issued by Sbi Cards And Payment Services Limited

The instrument name of INE018E08284 ISIN is SBI CARDS AND PAYMENT SERVICES LIMITED SR 28 5.82 NCD 24DC24 FVRS10LAC.
The interest earned from INE018E08284 bond issued by Sbi Cards And Payment Services Limited is paid Annually, ensuring regular and consistent income for investors.
This INE018E08284 bond issued by Sbi Cards And Payment Services Limited has been assigned a credit rating of AAA by CRISIL RATINGS LIMITED, directly indicating the issuer's creditworthiness and the probability of default.
This Debenture offers a coupon rate of 5.82%, which determines the periodic interest payments made to bondholders.
The INE018E08284 Debenture is issued by Sbi Cards And Payment Services Limited, a Private Sector company.