National Bank for Agriculture and Rural Development is an Indian company in the BFSI industry with 71 outstanding bonds (ISINs) recorded on this page. Stated coupons on its fixed-rate bonds range from 6.39% to 8.98% a year. Maturity dates run from 30 Dec 2026 to 29 Mar 2038. NSDL records 2 of the 70 whose terms it holds as secured. Latest credit ratings on record: India Ratings AAA (action dated 30 Oct 2026); CRISIL AAA (Stable) (action dated 5 Aug 2026); ICRA AAA (Stable) (action dated 16 Jun 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
- National Bank for Agriculture and Rural Development
- LEI
- 3358004AM7JXCRY2SR95
- Company status
- Active
- Industry
- BFSI
- Business
- Public Sector Bank
- Ownership
- Public Sector Undertaking (PSU)
- ISIN issuer code
- INE261F
- Outstanding bonds (ISINs)
- 71 (plus 27 matured)
- Stated coupons (fixed rate)
- 6.39% – 8.98%
- Maturity dates
- 30 Dec 2026 – 29 Mar 2038
- Secured (NSDL)
- 2 of 70
- Combined issue size of outstanding bonds
- ₹278,437 crore
- Traded on
- BSE, 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.
National Bank for Agriculture and Rural Development bonds: ISIN, coupon and maturity
71 outstanding bonds, by maturity date.
| ISIN | Type | Coupon | Interest paid | Allotted | Maturity | Face value | Issue size (₹ cr) | Security | Guarantee | Traded on | Rating (NSDL) |
|---|---|---|---|---|---|---|---|---|---|---|---|
| INE261F08ED0 | Bond (NCD) | 7.83% | Yearly | 27 Oct 2023 | 30 Dec 2026 | ₹1,00,000 | 2,518 | Unsecured | None recorded | BSE | CRISIL AAA 9 Oct 2023 |
| INE261F08766 | Bond (NCD) | 6.9% | Yearly | 9 Mar 2017 | 9 Mar 2027 | ₹10,00,000 | 525 | Unsecured | None recorded | — | CRISIL AAA 15 Feb 2017 |
| INE261F08EF5 | Bond (NCD) | 7.8% | Yearly | 5 Jan 2024 | 15 Mar 2027 | ₹1,00,000 | 12,890 | Unsecured | None recorded | BSE, NSE | India Ratings AAA 25 May 2026 |
| INE261F08EI9 | Bond (NCD) | 7.7% | Yearly | 21 May 2024 | 30 Sep 2027 | ₹1,00,000 | 9,558 | Unsecured | None recorded | BSE, NSE | India Ratings AAA 25 May 2026 |
| INE261F08DV4 | Bond (NCD) | 7.62% | Yearly | 16 Jan 2023 | 31 Jan 2028 | ₹1,00,000 | 10,268 | Unsecured | None recorded | BSE | CRISIL AAA 13 Jan 2023 |
| INE261F08EK5 | Bond (NCD) | 7.44% | Yearly | 23 Sep 2024 | 24 Feb 2028 | ₹1,00,000 | 15,994 | Unsecured | None recorded | BSE, NSE | CRISIL AAA 7 Aug 2024 |
| INE261F08AA4 | Bond (NCD) | 8.22% | Half-yearly | 27 Feb 2018 | 25 Feb 2028 | ₹10,00,000 | 2,180 | Unsecured | None recorded | BSE | CRISIL AAA 1 Feb 2018 |
| INE261F08AE6 | Bond (NCD) | 8.2% | Half-yearly | 16 Mar 2018 | 16 Mar 2028 | ₹10,00,000 | 2,923 | Unsecured | None recorded | — | CRISIL AAA 1 Feb 2018 |
| INE261F08EM1 | Bond (NCD) | 7.53% | Yearly | 13 Jan 2025 | 24 Mar 2028 | ₹1,00,000 | 13,912 | Unsecured | None recorded | BSE | India Ratings AAA 25 May 2026 |
| INE261F08EO7 | Bond (NCD) | 7.48% | Yearly | 20 Mar 2025 | 15 Sep 2028 | ₹1,00,000 | 14,000 | Unsecured | None recorded | BSE, NSE | CRISIL AAA 7 Jan 2025 |
| INE261F08EC2 | Bond (NCD) | 7.63% | Yearly | 27 Sep 2023 | 27 Sep 2028 | ₹1,00,000 | 1,041 | Unsecured | None recorded | — | CRISIL AAA 7 Sep 2023 |
| INE261F08EP4 | Bond (NCD) | 6.66% | Yearly | 25 Jul 2025 | 12 Oct 2028 | ₹1,00,000 | 7,000 | Unsecured | None recorded | BSE, NSE | India Ratings AAA 25 May 2026 |
| INE261F08AX6 | Bond (NCD) | 8.18% | Half-yearly | 26 Dec 2018 | 26 Dec 2028 | ₹10,00,000 | 2,380 | Unsecured | None recorded | BSE | CRISIL AAA 18 Dec 2018 |
| INE261F08EQ2 | Bond (NCD) | 6.85% | Yearly | 25 Sep 2025 | 19 Jan 2029 | ₹1,00,000 | 4,040 | Unsecured | None recorded | NSE | India Ratings AAA 25 May 2026 |
| INE261F08AY4 | Bond (NCD) | 8.29% | Half-yearly | 24 Jan 2019 | 24 Jan 2029 | ₹10,00,000 | 1,791 | Unsecured | None recorded | — | CRISIL AAA 23 Jan 2019 |
| INE261F08BA2 | Bond (NCD) | 8.42% | Half-yearly | 13 Feb 2019 | 13 Feb 2029 | ₹10,00,000 | 1,283 | Unsecured | None recorded | BSE | CRISIL AAA 23 Jan 2019 |
| INE261F08ER0 | Bond (NCD) | 7.27% | Yearly | 30 Jan 2026 | 23 Feb 2029 | ₹1,00,000 | 6,864 | Unsecured | None recorded | BSE, NSE | CRISIL AAA 26 Mar 2025 |
| INE261F08BC8 | Bond (NCD) | 8.5% | Half-yearly | 27 Feb 2019 | 27 Feb 2029 | ₹10,00,000 | 1,060 | Unsecured | None recorded | — | CRISIL AAA 13 Feb 2019 |
| INE261F08ES8 | Bond (NCD) | 7.01% | Yearly | 17 Feb 2026 | 16 Mar 2029 | ₹1,00,000 | 6,779 | Unsecured | None recorded | NSE | CRISIL AAA 26 Mar 2025 |
| INE261F08BF1 | Bond (NCD) | 8.24% | Half-yearly | 22 Mar 2019 | 22 Mar 2029 | ₹10,00,000 | 3,455 | Unsecured | None recorded | BSE | CRISIL AAA 20 Mar 2019 |
| INE261F08ET6 | Bond (NCD) | 7.1% | Yearly | 2 Mar 2026 | 29 Mar 2029 | ₹1,00,000 | 5,055 | Unsecured | None recorded | NSE | CRISIL AAA 26 Mar 2025 |
| INE261F08EG3 | Bond (NCD) | 7.68% | Yearly | 1 Feb 2024 | 30 Apr 2029 | ₹1,00,000 | 16,572 | Unsecured | None recorded | BSE | CRISIL AAA 29 Jan 2024 |
| INE261F08EH1 | Bond (NCD) | 7.62% | Yearly | 26 Mar 2024 | 10 May 2029 | ₹1,00,000 | 3,966 | Unsecured | None recorded | BSE | CRISIL AAA 5 Jul 2023 |
| INE261F08EU4 | Bond (NCD) | 7.44% | Yearly | 17 Mar 2026 | 17 Jul 2029 | ₹1,00,000 | 11,515 | Unsecured | None recorded | BSE, NSE | CRISIL AAA 26 Mar 2025 |
| INE261F08BM7 | Bond (NCD) | 7.41% | Yearly | 18 Jul 2019 | 18 Jul 2029 | ₹10,00,000 | 555 | Unsecured | None recorded | BSE | CRISIL AAA 17 Jul 2019 |
| INE261F08EJ7 | Bond (NCD) | 7.64% | Yearly | 14 Jun 2024 | 6 Dec 2029 | ₹1,00,000 | 10,000 | Unsecured | None recorded | BSE | India Ratings AAA 25 May 2026 |
| INE261F08EV2 | Bond (NCD) | 7.16% | Yearly | 6 Jul 2026 | 14 Dec 2029 | ₹1,00,000 | 8,000 | Unsecured | None recorded | BSE, NSE | India Ratings AAA 25 May 2026 |
| INE261F08EW0 | Bond (NCD) | 8.13% | Yearly | 19 Oct 2026 | 11 Jan 2030 | ₹1,00,000 | 3,279 | Unsecured | None recorded | BSE, NSE | India Ratings AAA 25 May 2026 |
| INE261FO8BX4 | — | — | — | — | 30 Jan 2030 | — | — | — | — | — | — |
| INE261F08BX4 | Bond (NCD) | 7.43% | Half-yearly | 31 Jan 2020 | 31 Jan 2030 | ₹10,00,000 | 6,953 | Unsecured | None recorded | BSE | India Ratings AAA 25 May 2026 |
| INE261F08BZ9 | Bond (NCD) | 7.27% | Yearly | 14 Feb 2020 | 14 Feb 2030 | ₹10,00,000 | 670 | Unsecured | None recorded | — | CRISIL AAA 11 Feb 2020 |
| INE261F08CB8 | Bond (NCD) | 6.87% | Half-yearly | 9 Mar 2020 | 8 Mar 2030 | ₹10,00,000 | 2,550 | Unsecured | None recorded | — | India Ratings AAA 25 May 2026 |
| INE261F08CC6 | Bond (NCD) | 7.4% | Half-yearly | 19 Mar 2020 | 19 Mar 2030 | ₹10,00,000 | 3,476 | Unsecured | None recorded | BSE | India Ratings AAA 25 May 2026 |
| INE261F08EL3 | Bond (NCD) | 7.4% | Yearly | 13 Dec 2024 | 29 Apr 2030 | ₹1,00,000 | 11,864 | Unsecured | None recorded | BSE | CRISIL AAA 7 Aug 2024 |
| INE261F08CN3 | Bond (NCD) | 6.39% | Half-yearly | 19 Nov 2020 | 19 Nov 2030 | ₹10,00,000 | 3,344 | Unsecured | None recorded | BSE | India Ratings AAA 25 May 2026 |
| INE261F08CO1 | Bond (NCD) | 6.42% | Half-yearly | 25 Nov 2020 | 25 Nov 2030 | ₹10,00,000 | 2,793 | Unsecured | None recorded | — | India Ratings AAA 25 May 2026 |
| INE261F08CQ6 | Bond (NCD) | 6.49% | Half-yearly | 30 Dec 2020 | 30 Dec 2030 | ₹10,00,000 | 2,012 | Unsecured | None recorded | BSE | India Ratings AAA 25 May 2026 |
| INE261F08CZ7 | Bond (NCD) | 6.97% | Half-yearly | 17 Mar 2021 | 17 Mar 2031 | ₹10,00,000 | 3,439 | Unsecured | None recorded | BSE | India Ratings AAA 25 May 2026 |
| INE261F08DA8 | Bond (NCD) | 6.85% | Half-yearly | 23 Mar 2021 | 21 Mar 2031 | ₹10,00,000 | 7,907 | Unsecured | None recorded | BSE | India Ratings AAA 25 May 2026 |
| INE261F07032 | Tax-free bond | 7.64% | Yearly | 23 Mar 2016 | 23 Mar 2031 | ₹1,000 | 1,759 | Secured | None recorded | BSE, NSE | CRISIL AAA 19 Feb 2016 |
| INE261F07057 | Tax-free bond | 7.35% | Yearly | 23 Mar 2016 | 23 Mar 2031 | ₹1,000 | 1,353 | Secured | None recorded | BSE, NSE | CRISIL AAA 19 Feb 2016 |
| INE261F08CJ1 | Bond (NCD) | 6.45% | Yearly | 29 Jul 2020 | 11 Apr 2031 | ₹10,00,000 | 1,450 | Unsecured | None recorded | — | India Ratings AAA 25 May 2026 |
| INE261F08DH3 | Bond (NCD) | 6.79% | Half-yearly | 4 Aug 2021 | 4 Aug 2031 | ₹10,00,000 | 419 | Unsecured | None recorded | — | CRISIL AAA 22 Jul 2021 |
| INE261F08EX8 | Bond (NCD) | 8.27% | Yearly | 3 Nov 2026 | 1 Dec 2031 | ₹1,00,000 | 6,000 | Unsecured | None recorded | BSE, NSE | CRISIL AAA 5 Aug 2026 |
| INE261F08774 | Bond (NCD) | 8.04% | Yearly | 15 Mar 2017 | 15 Mar 2032 | ₹10,00,000 | 930 | Unsecured | None recorded | — | CRISIL AAA 15 Feb 2017 |
| INE261F08782 | Bond (NCD) | 7.71% | Half-yearly | 17 Mar 2017 | 17 Mar 2032 | ₹10,00,000 | 443 | Unsecured | None recorded | — | CRISIL AAA 15 Feb 2017 |
| INE261F08824 | Bond (NCD) | 7.54% | Half-yearly | 29 Mar 2017 | 29 Mar 2032 | ₹10,00,000 | 594 | Unsecured | None recorded | — | CRISIL AAA 21 Mar 2017 |
| INE261F08915 | Bond (NCD) | 7.27% | Half-yearly | 14 Sep 2017 | 14 Sep 2032 | ₹10,00,000 | 610 | Unsecured | None recorded | — | CRISIL AAA 24 Aug 2017 |
| INE261F08923 | Bond (NCD) | 7.48% | Yearly | 18 Sep 2017 | 17 Sep 2032 | ₹10,00,000 | 2,334 | Unsecured | None recorded | — | CRISIL AAA 24 Aug 2017 |
| INE261F08949 | Bond (NCD) | 7.8% | Yearly | 27 Nov 2017 | 26 Nov 2032 | ₹10,00,000 | 1,635 | Unsecured | None recorded | — | CRISIL AAA 22 Nov 2017 |
| INE261F08964 | Bond (NCD) | 7.75% | Half-yearly | 15 Jan 2018 | 14 Jan 2033 | ₹10,00,000 | 240 | Unsecured | None recorded | — | CRISIL AAA 22 Nov 2017 |
| INE261F08972 | Bond (NCD) | 7.94% | Yearly | 17 Jan 2018 | 17 Jan 2033 | ₹10,00,000 | 495 | Unsecured | None recorded | — | CRISIL AAA 22 Nov 2017 |
| INE261F08AO5 | Bond (NCD) | 8.47% | Half-yearly | 31 Aug 2018 | 31 Aug 2033 | ₹10,00,000 | 974 | Unsecured | None recorded | BSE | CRISIL AAA 30 Aug 2018 |
| INE261F08AQ0 | Bond (NCD) | 8.98% | Yearly | 15 Oct 2018 | 14 Oct 2033 | ₹10,00,000 | 2,924 | Unsecured | None recorded | BSE | CRISIL AAA 4 Oct 2018 |
| INE261F08AR8 | Bond (NCD) | 8.92% | Yearly | 22 Oct 2018 | 21 Oct 2033 | ₹10,00,000 | 1,289 | Unsecured | None recorded | — | CRISIL AAA 16 Oct 2018 |
| INE261F08AW8 | Bond (NCD) | 8.51% | Yearly | 19 Dec 2018 | 19 Dec 2033 | ₹10,00,000 | 1,504 | Unsecured | None recorded | BSE | CRISIL AAA 30 Nov 2018 |
| INE261F08AZ1 | Bond (NCD) | 8.54% | Yearly | 30 Jan 2019 | 30 Jan 2034 | ₹10,00,000 | 1,076 | Unsecured | None recorded | BSE | CRISIL AAA 23 Jan 2019 |
| INE261F08BE4 | Bond (NCD) | 8.62% | Yearly | 14 Mar 2019 | 14 Mar 2034 | ₹10,00,000 | 1,516 | Unsecured | None recorded | BSE | CRISIL AAA 13 Feb 2019 |
| INE261F08EE8 | Bond (NCD) | 7.65% | Yearly | 21 Dec 2023 | 28 Apr 2034 | ₹1,00,000 | 10,000 | Unsecured | None recorded | — | India Ratings AAA 25 May 2026 |
| INE261F08BP0 | Bond (NCD) | 7.83% | Yearly | 17 Oct 2019 | 17 Oct 2034 | ₹10,00,000 | 1,770 | Unsecured | None recorded | BSE | CRISIL AAA 16 Oct 2019 |
| INE261F08BR6 | Bond (NCD) | 7.5% | Half-yearly | 18 Nov 2019 | 17 Nov 2034 | ₹10,00,000 | 955 | Unsecured | None recorded | — | CRISIL AAA 8 Nov 2019 |
| INE261F08BT2 | Bond (NCD) | 7.78% | Yearly | 20 Dec 2019 | 20 Dec 2034 | ₹10,00,000 | 3,150 | Unsecured | None recorded | — | CRISIL AAA 26 Nov 2019 |
| INE261F08BV8 | Bond (NCD) | 7.57% | Yearly | 3 Jan 2020 | 3 Jan 2035 | ₹10,00,000 | 709 | Unsecured | None recorded | — | CRISIL AAA 26 Dec 2019 |
| INE261F08CE2 | Bond (NCD) | 6.65% | Half-yearly | 26 May 2020 | 25 May 2035 | ₹10,00,000 | 903 | Unsecured | None recorded | — | India Ratings AAA 25 May 2026 |
| INE261F08EN9 | Bond (NCD) | 7.37% | Yearly | 28 Feb 2025 | 28 May 2035 | ₹1,00,000 | 4,060 | Unsecured | None recorded | NSE | CRISIL AAA 7 Jan 2025 |
| INE261F08CH5 | Bond (NCD) | 6.79% | Yearly | 25 Jun 2020 | 25 Jun 2035 | ₹10,00,000 | 564 | Unsecured | None recorded | — | India Ratings AAA 25 May 2026 |
| INE261F08CR4 | Bond (NCD) | 6.65% | Yearly | 30 Dec 2020 | 28 Dec 2035 | ₹10,00,000 | 514 | Unsecured | None recorded | — | India Ratings AAA 25 May 2026 |
| INE261F08DG5 | Bond (NCD) | 6.97% | Yearly | 29 Jul 2021 | 29 Jul 2036 | ₹10,00,000 | 1,456 | Unsecured | None recorded | BSE | CRISIL AAA 22 Jul 2021 |
| INE261F08DJ9 | Bond (NCD) | 6.92% | Yearly | 29 Sep 2021 | 29 Sep 2036 | ₹10,00,000 | 860 | Unsecured | None recorded | BSE | CRISIL AAA 1 Sep 2021 |
| INE261F08DY8 | Bond (NCD) | 7.7% | Yearly | 17 Feb 2023 | 17 Feb 2038 | ₹1,00,000 | 684 | Unsecured | None recorded | BSE | CRISIL AAA 10 Feb 2023 |
| INE261F08DZ5 | Bond (NCD) | 7.78% | Yearly | 29 Mar 2023 | 29 Mar 2038 | ₹1,00,000 | 860 | Unsecured | None recorded | — | CRISIL AAA 23 Mar 2023 |
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.
Private placements and disclosure documents
From BSE's list of privately placed debt. The documents are the issuer's own; the offer document and debenture trust deed are the authoritative source for each bond's terms.
Company details
- Date of incorporation
- 12 Jul 1982
- Category
- Bank
- Listed / unlisted
- Unlisted
- State
- Maharashtra
- Registrar of Companies
- Mumbai
- Authorised capital
- 3,00,00,00,00,000
- Paid-up capital
- 1,40,80,00,00,000
National Bank for Agriculture and Rural Development bonds: questions and answers
What bonds has National Bank for Agriculture and Rural Development issued?
National Bank for Agriculture and Rural Development has 71 outstanding bonds recorded on this page. By type, as described by NSDL: 68 bond (ncd), 2 tax-free bond. 27 further ISINs on record have passed their maturity dates and are not counted as outstanding.
What are the ISINs of National Bank for Agriculture and Rural Development bonds?
Its 71 outstanding bonds each have their own ISIN, for example INE261F08ED0, INE261F08766, INE261F08EF5. All are listed in the bond table on this page. ISINs of this issuer begin with its issuer code, INE261F.
What coupon rates do National Bank for Agriculture and Rural Development bonds pay?
Stated coupons on its fixed-rate outstanding bonds range from 6.39% to 8.98% 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 National Bank for Agriculture and Rural Development bonds mature?
Its outstanding bonds have maturity dates from 30 Dec 2026 to 29 Mar 2038. The bond table lists the maturity date of each ISIN.
What is the latest credit rating of National Bank for Agriculture and Rural Development bonds?
NSDL India Bond Info records India Ratings AAA (action dated 30 Oct 2026); CRISIL AAA (Stable) (action dated 5 Aug 2026); ICRA AAA (Stable) (action dated 16 Jun 2026) on its outstanding bonds. Checked on NSDL on 12 Nov 2026. A rating is the agency's opinion and can change at any time.
Are National Bank for Agriculture and Rural Development bonds secured, unsecured or guaranteed?
NSDL records 2 of the 70 outstanding bonds whose terms it holds as secured and 68 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.
Where can investors find the original disclosure documents for National Bank for Agriculture and Rural Development 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. For the private placements listed on this page, each row links to the disclosure documents on BSE.
How can investors check the current market price or yield of National Bank for Agriculture and Rural Development bonds?
This page does not show prices or yields. Trades in these bonds are reported on BSE and 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
- BSE: privately placed debt securities
- Methodology: how these pages are compiled and checked
Data as of 14 Nov 2026 (snapshot 20261114-2051). Facts on this page last changed on 12 Nov 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.
