Axis Max Life Insurance Limited is an Indian company in the BFSI industry (formerly Max Life Insurance Company Limited and Max New York Life Insurance Company Limited) with 3 outstanding bonds (ISINs) recorded on this page. Stated coupons on its fixed-rate bonds range from 7.95% to 8.58% a year. Maturity dates run from 18 Feb 2035 to 28 Sep 2036. NSDL records 0 of the 3 whose terms it holds as secured. Latest credit ratings on record: ICRA AA+ (Stable) (action dated 11 Sep 2026); CARE AA+ (Stable) (action dated 11 Sep 2026). Verify current terms against the official documents linked on this page.
Data as of 14 Nov 2026 (snapshot 20261114-2051) · How this page is compiled
Issuer overview
- Legal name
- Axis Max Life Insurance Limited
- Formerly
- Max Life Insurance Company Limited; Max New York Life Insurance Company Limited
- CIN
- U74899PB2000PLC045626
- LEI
- 335800PYI52N9U1N5X86
- Industry
- BFSI
- Business
- Life Insurance
- ISIN issuer code
- INE511N
- Outstanding bonds (ISINs)
- 3
- Stated coupons (fixed rate)
- 7.95% – 8.58%
- Maturity dates
- 18 Feb 2035 – 28 Sep 2036
- Secured (NSDL)
- 0 of 3
- Combined issue size of outstanding bonds
- ₹1,986 crore
- Traded on
- NSE
Issue size is the amount each bond raised when it was issued, as recorded by NSDL. It is not the amount still outstanding today (bonds can be partly redeemed or bought back) and not the company's total debt.
Axis Max Life Insurance bonds: ISIN, coupon and maturity
3 outstanding bonds, by maturity date.
| ISIN | Type | Coupon | Interest paid | Allotted | Maturity | Face value | Issue size (₹ cr) | Security | Guarantee | Traded on | Rating (NSDL) |
|---|---|---|---|---|---|---|---|---|---|---|---|
| INE511N08024 | NCD | 8.34% | Yearly | 18 Feb 2025 | 18 Feb 2035 | ₹1,00,000 | 500 | Unsecured | None recorded | NSE | ICRA AA+ 11 Sep 2026 |
| INE511N08032 | NCD | 7.95% | Yearly | 24 Sep 2025 | 24 Sep 2035 | ₹1,00,000 | 800 | Unsecured | None recorded | NSE | ICRA AA+ 11 Sep 2026 |
| INE511N08040 | NCD | 8.58% | Yearly | 28 Sep 2026 | 28 Sep 2036 | ₹1,00,000 | 686 | Unsecured | None recorded | NSE | ICRA AA+ 11 Sep 2026 |
Notes on this table
- Outstanding means the maturity date has not passed, according to the depository record. It does not confirm that a bond has not been redeemed early, called or bought back.
- Type, coupon, interest frequency, allotment date, issue size, security and guarantee are as recorded by NSDL India Bond Info, the depository's record of each ISIN. Search an ISIN on NSDL India Bond Info to see its full record.
- "Secured" and "Guarantee" are NSDL's classification. What the security is, the asset cover and the terms of any guarantee or co-obligor are in the offer document and the debenture trust deed; this page does not infer them.
- Prices and yields are not shown. They change with every trade: see BSE and NSE.
- Terms used in this table: ISIN · Coupon rate · Yield to maturity (YTM) · Secured NCD · Unsecured NCD · Credit rating.
Axis Max Life Insurance bonds: questions and answers
What bonds has Axis Max Life Insurance Limited issued?
Axis Max Life Insurance Limited has 3 outstanding bonds recorded on this page. By type, as described by NSDL: 3 NCDs.
What are the ISINs of Axis Max Life Insurance Limited bonds?
Its 3 outstanding bonds each have their own ISIN, for example INE511N08024, INE511N08032, INE511N08040. All are listed in the bond table on this page. ISINs of this issuer begin with its issuer code, INE511N.
What coupon rates do Axis Max Life Insurance Limited bonds pay?
Stated coupons on its fixed-rate outstanding bonds range from 7.95% to 8.58% a year on face value. The bond table gives the coupon and interest frequency of each ISIN. The coupon is not the yield: the yield an investor earns depends on the price paid.
When do Axis Max Life Insurance Limited bonds mature?
Its outstanding bonds have maturity dates from 18 Feb 2035 to 28 Sep 2036. The bond table lists the maturity date of each ISIN.
What is the latest credit rating of Axis Max Life Insurance Limited bonds?
NSDL India Bond Info records ICRA AA+ (Stable) (action dated 11 Sep 2026); CARE AA+ (Stable) (action dated 11 Sep 2026) on its outstanding bonds. Checked on NSDL on 7 Nov 2026. A rating is the agency's opinion and can change at any time.
Are Axis Max Life Insurance Limited bonds secured, unsecured or guaranteed?
NSDL records 0 of the 3 outstanding bonds whose terms it holds as secured and 3 as unsecured. None is recorded as guaranteed. What the security is, the asset cover and the terms of any guarantee or co-obligor are set out in the offer document and the debenture trust deed; this page does not infer them.
Is Axis Max Life Insurance Limited the same company as Max Life Insurance Company Limited?
Yes. Axis Max Life Insurance Limited was formerly known as Max Life Insurance Company Limited and Max New York Life Insurance Company Limited; bonds issued under the earlier name are obligations of the same company. Its Corporate Identification Number (CIN) is U74899PB2000PLC045626.
Where can investors find the original disclosure documents for Axis Max Life Insurance Limited bonds?
Each ISIN's record, including its terms and rating history, is on NSDL India Bond Info (search the ISIN). The offer document (shelf prospectus, tranche prospectus or general information document and key information document) and the debenture trust deed set out the full terms; listed issuers publish them on BSE or NSE.
How can investors check the current market price or yield of Axis Max Life Insurance Limited bonds?
This page does not show prices or yields. Trades in these bonds are reported on NSE, which publish the price and yield of each trade, usually by the end of the trading day. Many corporate bonds trade rarely, so a recent price may not exist; an old trade is not a current price.
Sources and dates
- NSDL India Bond Info: bond terms, issuer identity and ratings by ISIN
- BSE and NSE: bonds that have traded, and their exchange listings
- Methodology: how these pages are compiled and checked
Data as of 14 Nov 2026 (snapshot 20261114-2051). Facts on this page last changed on 27 Oct 2026. Rating dates above are the agencies' action dates, which can be much older than the data date. This page is for information only. It is not investment advice, a credit rating or a recommendation to buy, sell or hold any security. Facts are taken from the issuer's own documents and the sources linked on this page; check them with the source before investing.
