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Corporate Bonds
BBB+

Lendingkart Finance Limited

Lendingkart

Bond Overview

Corporate Bonds

Coupon Rate

11.33%

Monthly payments

Tenure

20m

Matures on 23 February 2026

Credit Rating

BBB+

Moderate Safety

Face Value

₹1,00,000

Min: ₹1,00,000

Bond Details

Issue Date

5 July 2024

Maturity Date

23 February 2026

Interest Payment

Monthly

Minimum Investment

₹1,00,000

ISIN

INE090W07675

Security & Returns

Security Type

Secured

Repayment Priority

Senior

Yield to Maturity

11.58%

Market Value

₹99,500

Accrued Interest

₹372.49

Maturity Timeline
Issue Date

5 Jul 2024

Today

5 Jul 2025

Maturity Date

23 Feb 2026

233 days (0.6 years) remaining until maturity

Total Tenure

20 months

Time Elapsed

61%

Time Remaining

39%

Returns Calculator

Investment Summary

Investment Amount₹1,00,000
Annual Interest Rate11.33%
Tenure20 months
Interest PayoutMonthly

Returns Breakdown

Total Interest Earned₹18,883
Maturity Amount₹1,18,883
Absolute Returns19%
Estimated Monthly Income: ₹944
Credit Rating & Risk Assessment

Credit Rating Scale

AAA
AA+
AA
AA-
A+
A
A-
BBB+
BBB
BBB-
Highest SafetyModerate Safety

BBB+ rating indicates adequate degree of safety regarding timely servicing of financial obligations.

Risk Assessment

Risk Level:
Medium
60% Risk
Low RiskMedium RiskHigh Risk

This bond carries moderate risk and offers a balance between safety and returns.

Security Collateral Details
Secured

This bond is backed by specific assets as collateral

Collateral Information

Asset-Backed Security

This bond is secured by specific assets of the issuer that can be claimed by bondholders in case of default.

Collateral Ratio

The bond is secured with collateral valued at 1.2x the bond issuance amount, providing additional security.

Collateral Type

The collateral consists of physical assets, receivables, and investments owned by the issuer.

Repayment Priority: Senior

Priority Level

Senior bonds have priority claim on the issuer's assets in case of bankruptcy or liquidation.

Creditor Protection

As a senior bondholder, you have stronger creditor protection and lower risk compared to subordinated debt.

Higher level investments are prioritisedin the event of a default.

Invest Now

Coupon Rate11.33%
Minimum Investment₹1,00,000
Interest PayoutMonthly
Maturity Date23 February 2026
Market Value₹99,500
Returns Calculator

Min. quantity: 1 bonds (₹1,00,000)

Principal Amount₹99,500
Accrued Interest+ ₹372.49
Total Investment₹99,872.49
Monthly Income₹939
Total Returns₹18,789
Principal amount is calculated based on current market value (₹99,500/bond). Accrued interest represents the interest earned since the last payment date.
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