Bond Kotak Mahindra Premier Bonds 7.8779% ( IN8916D07126 ) in INR

Issuer Kotak Mahindra Premier Bonds
Market price 100 %  ⇌ 
Country  India
ISIN code  IN8916D07126 ( in INR )
Interest rate 7.8779% per year ( payment 1 time a year)
Maturity 20/05/2025 - Bond has expired



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Detailed description Kotak Mahindra Prime Bond is a fixed-income investment offering a fixed interest rate for a specified tenure, providing investors with predictable returns and capital protection at maturity.

An Indian Rupee (INR) denominated bond (ISIN: IN8916D07126) issued by Kotak Mahindra Prime Bond, a significant non-banking financial company and a key entity within India's financial services landscape, primarily focused on vehicle financing solutions, which featured an annual interest rate of 7.8779% and was previously quoted at 100% of its face value, has officially reached maturity and been fully repaid, notwithstanding its original scheduled maturity date of May 20, 2025.