8.30% Sbi Cards And Payment Services Limited - AAA Rated (INE018E08086)

Sbi Cards And Payment Services Limited, a Non-Banking Financial Company (NBFC) company, has floated Debenture, having ISIN value as INE018E08086, with a face value of ₹10,00,000 rs on 17Jul17 to raise 500 crores. The debt instrument is issued with a coupon rate of 8.30% 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 Secured Debenture is 8.30% UNSECURED RATED REDEEMABLE TAXABLE SUBORDINATED NON CONVERTIBLE DEBENTURES. SERIES 08. LETTER OF ALLOTMENT. DATE OF MATURITY 17/05/2023. This instrument is issued in Private Placement 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 15May17. 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.