11.25% Esaf Small Finance Bank Limited - A Rated (INE818W08081)

Esaf Small Finance Bank Limited, a Other Bank company, has floated Bond, having ISIN value as INE818W08081, with a face value of ₹1,00,00,000 rs on 31Mar22 to raise 20 crores. The debt instrument is issued with a coupon rate of 11.25% and its interest is paid Semi 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 11.25% UNSECURED RATED UNLISTED REDEEMABLE BASEL III COMPLIANT SUBORDINATED TIER II BONDS IN THE FORM OF NON CONVERTIBLE DEBENTURE. LETTER OF ALLOTMENT. DATE OF MATURITY 30/04/2032. This instrument is issued in Private Placement (non-EBP) mode. It has Simple coupon type with Full Redemption option. The Bond is Not listed on any stock exchange. CARE RATINGS LIMITED has given A rating to this Bond on 31Mar22. Neither the Principal nor the Interest is covered for this Bond. Yes, this debt instrument is Perpetual In Nature.