7.70% Bajaj Housing Finance Limited - AAA Rated (INE377Y08068)

Bajaj Housing Finance Limited, a Housing Finance Company company, has floated Debenture, having ISIN value as INE377Y08068, with a face value of ₹10,00,000 rs on 13Mar20 to raise 1050 crores. The debt instrument is issued with a coupon rate of 7.70% 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 7.70% PARTLY PAID UNSECURED LISTED RATED REDEEMABLE NON CONVERTIBLE DEBENTURES. DATE OF MATURITY 09/03/2035. This instrument is issued in Private Placement (EBP) mode. It has Simple coupon type with Full Redemption option. The Bond is Not listed on any stock exchange. CRISIL RATINGS LIMITED has given AAA rating to this Debenture on 02Feb22. This issuer is formerly known as BAJAJ FINACIAL SOLUTIONS LIMITED Neither the Principal nor the Interest is covered for this Debenture. Yes, this debt instrument is Perpetual In Nature.