Power Finance Corporation Limited

Power Finance Corporation Limited is an Indian company in the BFSI industry with 121 outstanding bonds (ISINs) recorded on this page. Stated coupons on its fixed-rate bonds range from 6.27% to 9.39% a year. 5 are cumulative bonds, which pay no periodic coupon; their contractual return is payable at maturity. Maturity dates run from 20 Jan 2027 to 31 Dec 2999. NSDL records 28 of the 121 whose terms it holds as secured. Latest credit ratings on record: CARE AAA (Stable) (action dated 12 Oct 2026); CRISIL AAA (Stable) (action dated 5 Aug 2026); ICRA AAA (Stable) (action dated 31 Mar 2026); CREDIT ANALYSIS & RESEARCH LTD. AAA (action dated 30 Dec 2016). 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
Power Finance Corporation Limited
CIN
L65910DL1986GOI024862
LEI
3358003Q6D9LIJJZ1614
Industry
BFSI
Business
Non-Banking Financial Company (NBFC)
Ownership
Public Sector Undertaking (PSU)
ISIN issuer code
INE134E
Outstanding bonds (ISINs)
121 (plus 34 matured)
Stated coupons (fixed rate)
6.27% – 9.39%
Maturity dates
20 Jan 2027 – 31 Dec 2999
Secured (NSDL)
28 of 121
Combined issue size of outstanding bonds
₹237,157 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.

Power Finance Corporation bonds: ISIN, coupon and maturity

121 outstanding bonds, by maturity date.

ISIN Type Coupon Interest paid Allotted Maturity Face value Issue size (₹ cr) Security Guarantee Traded on Rating (NSDL)
INE134E08IR3 Bond (NCD) 7.18% Half-yearly 20 Jan 2017 20 Jan 2027 ₹10,00,000 1,335 Unsecured None recorded BSE CRISIL AAA 30 Dec 2016
INE134E07208 Tax-free bond 8.3% Yearly 1 Feb 2012 1 Feb 2027 ₹1,000 1,281 Secured None recorded NSE CRISIL AAA 1 Dec 2013
INE134E08IT9 Bond (NCD) 7.6% Half-yearly 20 Feb 2017 20 Feb 2027 ₹10,00,000 1,465 Unsecured None recorded BSE CRISIL AAA 30 Jan 2017
INE134E08IX1 Bond (NCD) 7.75% Half-yearly 22 Mar 2017 22 Mar 2027 ₹10,00,000 2,000 Unsecured None recorded BSE CRISIL AAA 8 Mar 2017
INE134E08MZ8 Bond (NCD) 7.55% Yearly 13 Mar 2024 15 Apr 2027 ₹1,00,000 2,754 Unsecured None recorded NSE CRISIL AAA 25 Jan 2024
INE134E08JC3 Bond (NCD) 7.44% Yearly 12 Jun 2017 11 Jun 2027 ₹10,00,000 3,490 Unsecured None recorded BSE CRISIL AAA 1 Jun 2017
INE134E08LH8 Bond (NCD) 6.35% Yearly 30 Jun 2021 30 Jun 2027 ₹3,00,000 406 Unsecured None recorded — CRISIL AAA 8 Jun 2021
INE134E08NT9 Bond (NCD) 6.27% Yearly 11 Jun 2025 15 Jul 2027 ₹1,00,000 2,500 Unsecured None recorded BSE, NSE CRISIL AAA 27 Mar 2025
INE134E08JE9 Bond (NCD) 7.3% Yearly 8 Aug 2017 7 Aug 2027 ₹10,00,000 1,500 Unsecured None recorded BSE CRISIL AAA 1 Aug 2017
INE134E08NW3 Bond (NCD) 6.73% Yearly 25 Sep 2025 15 Oct 2027 ₹1,00,000 3,450 Unsecured None recorded NSE CRISIL AAA 27 Mar 2025
INE134E08JG4 Bond (NCD) 7.65% Yearly 22 Nov 2017 22 Nov 2027 ₹10,00,000 2,001 Unsecured None recorded BSE CRISIL AAA 15 Nov 2017
INE134E08JH2 Bond (NCD) 7.62% Yearly 15 Dec 2017 15 Dec 2027 ₹10,00,000 5,000 Unsecured None recorded — CRISIL AAA 11 Dec 2017
INE134E07349 Tax-free bond 7.36% Yearly 4 Jan 2013 4 Jan 2028 ₹1,000 281 Secured None recorded BSE, NSE CRISIL AAA 1 Dec 2013
INE134E08LX5 Bond (NCD) 7.59% Yearly 19 Dec 2022 17 Jan 2028 ₹10,00,000 3,500 Unsecured None recorded — CRISIL AAA 25 Nov 2022
INE134E08JI0 Bond (NCD) 7.74% Yearly 30 Jan 2018 29 Jan 2028 ₹10,00,000 850 Unsecured None recorded BSE CRISIL AAA 8 Jan 2018
INE134E08OA7 Bond (NCD) 6.92% Yearly 16 Feb 2026 16 Feb 2028 ₹1,00,000 2,000 Unsecured None recorded BSE, NSE CRISIL AAA 27 Mar 2025
INE134E08OC3 Bond (NCD) 6.96% Yearly 2 Mar 2026 2 Mar 2028 ₹1,00,000 3,000 Unsecured None recorded NSE CRISIL AAA 27 Mar 2025
INE134E08FL2 Bond (NCD) 9% Yearly 11 Mar 2013 11 Mar 2028 ₹10,00,000 1,370 Unsecured None recorded BSE CRISIL AAA 1 Mar 2013
INE134E08FO6 Bond (NCD) 8.9% Yearly 18 Mar 2013 18 Mar 2028 ₹10,00,000 403 Unsecured None recorded BSE CRISIL AAA 1 Mar 2013
INE134E08FQ1 Bond (NCD) 8.94% Yearly 25 Mar 2013 25 Mar 2028 ₹10,00,000 2,799 Unsecured None recorded BSE CRISIL AAA 1 Mar 2013
INE134E08JP5 Bond (NCD) 7.85% Half-yearly 3 Apr 2018 3 Apr 2028 ₹10,00,000 3,855 Unsecured None recorded BSE CRISIL AAA 20 Mar 2018
INE134E08MJ2 Bond (NCD) 7.77% Yearly 31 Mar 2023 15 Apr 2028 ₹1,00,000 1,390 Unsecured None recorded BSE CRISIL AAA 9 Mar 2023
INE134E08NL6 Bond (NCD) 7.42% Yearly 20 Feb 2025 15 Apr 2028 ₹1,00,000 4,000 Unsecured None recorded NSE CRISIL AAA 22 Mar 2024
INE134E08NP7 NCD 7.45% Yearly 17 Mar 2025 15 Jul 2028 ₹1,00,000 4,000 Unsecured None recorded BSE, NSE CRISIL AAA 22 Mar 2024
INE134E08NS1 Bond (NCD) 6.61% Yearly 22 May 2025 15 Jul 2028 ₹1,00,000 2,450 Unsecured None recorded BSE, NSE CRISIL AAA 27 Mar 2025
INE134E08JQ3 Bond (NCD) 8.95% Yearly 10 Oct 2018 10 Oct 2028 ₹10,00,000 3,000 Unsecured None recorded BSE CRISIL AAA 25 Sep 2018
INE134E07430 Tax-free bond 8.54% Yearly 16 Nov 2013 16 Nov 2028 ₹1,000 933 Secured None recorded BSE CRISIL AAA 1 Dec 2013
INE134E08JR1 Bond (NCD) 8.67% Yearly 19 Nov 2018 18 Nov 2028 ₹10,00,000 1,007 Unsecured None recorded BSE CRISIL AAA 31 Oct 2018
INE134E08JX9 Subordinated NCD (Tier II) 9.1% Yearly 25 Mar 2019 23 Mar 2029 ₹10,00,000 2,412 Unsecured None recorded BSE CRISIL AAA 19 Mar 2019
INE134E08JZ4 Subordinated NCD (Tier II) 8.98% Yearly 28 Mar 2019 28 Mar 2029 ₹10,00,000 1,000 Unsecured None recorded BSE CRISIL AAA 19 Mar 2019
INE134E08MX3 Bond (NCD) 7.6% Yearly 22 Feb 2024 13 Apr 2029 ₹1,00,000 3,000 Unsecured None recorded NSE CRISIL AAA 25 Jan 2024
INE134E08KC1 Bond (NCD) 8.85% Yearly 27 May 2019 25 May 2029 ₹10,00,000 1,982 Unsecured None recorded BSE CRISIL AAA 16 May 2019
INE134E08GH8 Bond (NCD) 9.39% Yearly 27 Aug 2014 27 Aug 2029 ₹10,00,000 460 Unsecured None recorded BSE CRISIL AAA 28 Jul 2014
INE134E08KI8 Bond (NCD) 7.93% Yearly 31 Dec 2019 31 Dec 2029 ₹10,00,000 4,711 Unsecured None recorded — CRISIL AAA 23 Dec 2019
INE134E08NH4 Bond (NCD) 7.4% Yearly 23 Dec 2024 15 Jan 2030 ₹1,00,000 2,545 Unsecured None recorded NSE CRISIL AAA 22 Mar 2024
INE134E08NO0 Bond (NCD) 7.44% Yearly 3 Mar 2025 15 Jan 2030 ₹1,00,000 3,340 Unsecured None recorded BSE, NSE ICRA AAA 26 Mar 2024
INE134E08KL2 Bond (NCD) 7.41% Yearly 25 Feb 2020 25 Feb 2030 ₹10,00,000 4,000 Unsecured None recorded BSE CRISIL AAA 19 Feb 2020
INE134E08MF0 Bond (NCD) 7.82% Yearly 13 Mar 2023 13 Mar 2030 ₹1,00,000 625 Unsecured None recorded — CRISIL AAA 9 Mar 2023
INE134E08KK4 Bond (NCD) 7.86% Yearly 14 Jan 2020 12 Apr 2030 ₹10,00,000 1,100 Unsecured None recorded — CRISIL AAA 23 Dec 2019
INE134E08KQ1 Bond (NCD) 7.4% Yearly 8 May 2020 8 May 2030 ₹10,00,000 2,920 Unsecured None recorded — CRISIL AAA 28 Apr 2020
INE134E08KM0 Bond (NCD) 7.41% Yearly 2 Mar 2020 15 May 2030 ₹10,00,000 5,000 Unsecured None recorded BSE CRISIL AAA 19 Feb 2020
INE134E08KV1 Bond (NCD) 7.75% Yearly 11 Jun 2020 11 Jun 2030 ₹10,00,000 3,318 Unsecured None recorded BSE CRISIL AAA 13 May 2020
INE134E08DB8 Bond (NCD) 8.85% Yearly 15 Jun 2010 15 Jun 2030 ₹10,00,000 633 Unsecured None recorded BSE CRISIL AAA 28 May 2010
INE134E08KR9 Bond (NCD) 7.68% Yearly 15 May 2020 15 Jul 2030 ₹10,00,000 3,101 Unsecured None recorded BSE CRISIL AAA 28 Apr 2020
INE134E08NR3 Bond (NCD) 6.64% Yearly 22 May 2025 15 Jul 2030 ₹1,00,000 2,500 Unsecured None recorded BSE, NSE CRISIL AAA 27 Mar 2025
INE134E08KZ2 Bond (NCD) 7.05% Yearly 10 Aug 2020 9 Aug 2030 ₹10,00,000 1,549 Unsecured None recorded — CRISIL AAA 4 Aug 2020
INE134E08NU7 Bond (NCD) 6.59% Yearly 11 Jun 2025 15 Oct 2030 ₹1,00,000 1,980 Unsecured None recorded BSE, NSE CRISIL AAA 27 Mar 2025
INE134E07562 Bond (NCD) 7.52% Yearly 17 Oct 2015 17 Oct 2030 ₹1,000 45.18 Secured None recorded BSE CRISIL AAA 16 Sep 2015
INE134E08LC9 Bond (NCD) 7.04% Yearly 9 Sep 2020 16 Dec 2030 ₹10,00,000 3,647 Unsecured None recorded BSE CRISIL AAA 1 Sep 2020
INE134E07AM3 NCD 6.8% Yearly 22 Jan 2021 22 Jan 2031 ₹1,000 33.67 Secured None recorded BSE CRISIL AAA 8 Jan 2021
INE134E07AN1 NCD 7% Yearly 22 Jan 2021 22 Jan 2031 ₹1,000 1,636 Secured None recorded BSE CRISIL AAA 8 Jan 2021
INE134E07DP0 NCD 7% Yearly 3 Feb 2026 3 Feb 2031 ₹1,000 20.52 Secured None recorded NSE CRISIL AAA 27 Mar 2025
INE134E07DQ8 NCD 6.85% Yearly 3 Feb 2026 3 Feb 2031 ₹1,000 1.08 Secured None recorded NSE CRISIL AAA 27 Mar 2025
INE134E07DR6 NCD 6.9% Yearly 3 Feb 2026 3 Feb 2031 ₹1,000 2.95 Secured None recorded NSE CRISIL AAA 27 Mar 2025
INE134E08NZ6 Bond (NCD) 7.24% Yearly 16 Feb 2026 17 Feb 2031 ₹1,00,000 2,000 Unsecured None recorded BSE, NSE CRISIL AAA 27 Mar 2025
INE134E08MG8 Bond (NCD) 7.82% Yearly 13 Mar 2023 13 Mar 2031 ₹1,00,000 625 Unsecured None recorded BSE CRISIL AAA 9 Mar 2023
INE134E08KY5 Bond (NCD) 6.88% Yearly 28 Jul 2020 11 Apr 2031 ₹10,00,000 1,300 Unsecured None recorded — CRISIL AAA 9 Jul 2020
INE134E08OF6 Bond (NCD) 7.6% Yearly 7 Sep 2026 8 Sep 2031 ₹1,00,000 2,500 Unsecured None recorded BSE, NSE CRISIL AAA 5 Aug 2026
INE134E08LM8 Bond (NCD) 6.95% Yearly 1 Oct 2021 1 Oct 2031 ₹10,00,000 1,988 Unsecured None recorded BSE CRISIL AAA 9 Sep 2021
INE134E08ND3 Bond (NCD) 7.27% Yearly 23 Sep 2024 15 Oct 2031 ₹1,00,000 3,500 Unsecured None recorded NSE CRISIL AAA 22 Mar 2024
INE134E08NM4 Bond (NCD) 7.38% Yearly 20 Feb 2025 15 Jan 2032 ₹1,00,000 2,835 Unsecured None recorded NSE CRISIL AAA 22 Mar 2024
INE134E08ME3 Bond (NCD) 7.82% Yearly 13 Mar 2023 12 Mar 2032 ₹1,00,000 625 Unsecured None recorded — CRISIL AAA 9 Mar 2023
INE134E08LQ9 Bond (NCD) 7.42% Yearly 8 Sep 2022 8 Sep 2032 ₹10,00,000 4,000 Unsecured None recorded BSE CRISIL AAA 25 Aug 2022
INE134E08MA1 Bond (NCD) 7.64% Yearly 22 Feb 2023 22 Feb 2033 ₹1,00,000 3,500 Unsecured None recorded — ICRA AAA 31 Mar 2026
INE134E08MD5 Bond (NCD) 7.82% Yearly 13 Mar 2023 11 Mar 2033 ₹1,00,000 625 Unsecured None recorded — CRISIL AAA 9 Mar 2023
INE134E08MH6 Bond (NCD) 7.66% Yearly 27 Mar 2023 15 Apr 2033 ₹1,00,000 1,200 Unsecured None recorded — CRISIL AAA 9 Mar 2023
INE134E08MI4 Bond (NCD) 7.7% Yearly 27 Mar 2023 15 Apr 2033 ₹1,00,000 584 Unsecured None recorded — CRISIL AAA 9 Mar 2023
INE134E08LW7 Bond (NCD) 7.58% Yearly 14 Dec 2022 15 Apr 2033 ₹10,00,000 470 Unsecured None recorded — CRISIL AAA 25 Nov 2022
INE134E08MQ7 Bond (NCD) 7.57% Yearly 12 Jul 2023 12 Jul 2033 ₹1,00,000 3,000 Unsecured None recorded — CRISIL AAA 5 Jul 2023
INE134E08MM6 Bond (NCD) 7.62% Yearly 20 Apr 2023 15 Jul 2033 ₹1,00,000 2,102 Unsecured None recorded — CRISIL AAA 30 Mar 2023
INE134E07CI7 NCD 7.47% Yearly 1 Aug 2023 1 Aug 2033 ₹1,000 363 Secured None recorded BSE CRISIL AAA 8 Jun 2023
INE134E08MR5 Bond (NCD) 7.6% Yearly 25 Aug 2023 25 Aug 2033 ₹1,00,000 3,500 Unsecured None recorded — CRISIL AAA 9 Aug 2023
INE134E07455 Tax-free bond 8.67% Yearly 16 Nov 2013 16 Nov 2033 ₹1,000 1,067 Secured None recorded NSE CRISIL AAA 1 Dec 2013
INE134E07463 Tax-free bond 8.92% Yearly 16 Nov 2013 16 Nov 2033 ₹1,000 862 Secured None recorded NSE CRISIL AAA 1 Dec 2013
INE134E08MU9 Bond (NCD) 7.7% Yearly 30 Nov 2023 30 Nov 2033 ₹1,00,000 2,625 Unsecured None recorded — CRISIL AAA 15 Nov 2023
INE134E08MY1 Bond (NCD) 7.49% Yearly 22 Feb 2024 22 Feb 2034 ₹1,00,000 3,000 Unsecured None recorded — CRISIL AAA 25 Jan 2024
INE134E08JT7 Bond (NCD) 8.75% Yearly 22 Feb 2019 22 Feb 2034 ₹10,00,000 2,654 Unsecured None recorded — CRISIL AAA 23 Jan 2019
INE134E08KA5 Bond (NCD) 8.79% Yearly 30 Apr 2019 29 Apr 2034 ₹10,00,000 2,579 Unsecured None recorded — CRISIL AAA 22 Apr 2019
INE134E08NA9 Bond (NCD) 7.44% Yearly 31 May 2024 15 Jul 2034 ₹1,00,000 3,178 Unsecured None recorded NSE CRISIL AAA 22 Mar 2024
INE134E08KE7 Bond (NCD) 8.15% Yearly 8 Aug 2019 8 Aug 2034 ₹10,00,000 4,035 Unsecured None recorded BSE CRISIL AAA 2 Aug 2019
INE134E08KF4 Bond (NCD) 8.25% Yearly 6 Sep 2019 6 Sep 2034 ₹10,00,000 4,016 Unsecured None recorded BSE CRISIL AAA 22 Aug 2019
INE134E08NC5 Bond (NCD) 7.3% Yearly 4 Sep 2024 16 Oct 2034 ₹1,00,000 2,741 Unsecured None recorded BSE, NSE CRISIL AAA 22 Mar 2024
INE134E08NF8 Bond (NCD) 7.1% Yearly 10 Dec 2024 15 Jan 2035 ₹1,00,000 3,052 Unsecured None recorded NSE CRISIL AAA 22 Mar 2024
INE134E08NJ0 Bond (NCD) 7.24% Yearly 6 Feb 2025 15 Jan 2035 ₹1,00,000 2,500 Unsecured None recorded NSE CRISIL AAA 22 Mar 2024
INE134E08NN2 Bond (NCD) 7.4% Yearly 3 Mar 2025 15 Jan 2035 ₹1,00,000 3,075 Unsecured None recorded BSE, NSE CRISIL AAA 22 Mar 2024
INE134E08LA3 Bond (NCD) 7.2% Yearly 10 Aug 2020 10 Aug 2035 ₹10,00,000 1,550 Unsecured None recorded BSE CRISIL AAA 4 Aug 2020
INE134E08LE5 Bond (NCD) 7.34% Yearly 29 Sep 2020 29 Sep 2035 ₹10,00,000 1,711 Unsecured None recorded BSE CRISIL AAA 1 Sep 2020
INE134E07570 Bond (NCD) 7.35% Yearly 17 Oct 2015 17 Oct 2035 ₹1,000 214 Secured None recorded NSE CRISIL AAA 16 Sep 2015
INE134E07588 Bond (NCD) 7.6% Yearly 17 Oct 2015 17 Oct 2035 ₹1,000 155 Secured None recorded NSE CRISIL AAA 16 Sep 2015
INE134E08NY9 Bond (NCD) 7.08% Yearly 27 Nov 2025 27 Nov 2035 ₹1,00,000 3,000 Unsecured None recorded NSE CRISIL AAA 27 Mar 2025
INE134E07AR2 NCD 6.97% Quarterly 22 Jan 2021 22 Jan 2036 ₹1,000 53.36 Secured None recorded BSE ICRA AAA 31 Mar 2026
INE134E07AT8 NCD 7.15% Yearly 22 Jan 2021 22 Jan 2036 ₹1,000 1,330 Secured None recorded BSE ICRA AAA 31 Mar 2026
INE134E07DM7 NCD 7% Yearly 3 Feb 2026 2 Feb 2036 ₹1,000 32.06 Secured None recorded NSE CRISIL AAA 27 Mar 2025
INE134E07DN5 NCD 7.1% Yearly 3 Feb 2026 2 Feb 2036 ₹1,000 2.15 Secured None recorded NSE CRISIL AAA 27 Mar 2025
INE134E07DO3 NCD 7.2% Yearly 3 Feb 2026 2 Feb 2036 ₹1,000 13.04 Secured None recorded NSE CRISIL AAA 27 Mar 2025
INE134E07DV8 NCD Cumulative At maturity 3 Feb 2026 3 Mar 2036 ₹1,00,000 512 Secured None recorded BSE, NSE CRISIL AAA 27 Mar 2025
INE134E07DW6 NCD Cumulative At maturity 3 Feb 2026 3 Mar 2036 ₹1,00,000 266 Secured None recorded NSE CRISIL AAA 27 Mar 2025
INE134E07DX4 NCD Cumulative At maturity 3 Feb 2026 3 Mar 2036 ₹1,00,000 160 Secured None recorded NSE CRISIL AAA 27 Mar 2025
INE134E08OB5 Bond (NCD) 7.31% Yearly 2 Mar 2026 3 Mar 2036 ₹1,00,000 3,000 Unsecured None recorded NSE CRISIL AAA 27 Mar 2025
INE134E08LI6 Bond (NCD) 7.11% Yearly 30 Jun 2021 30 Jun 2036 ₹10,00,000 1,934 Unsecured None recorded BSE CRISIL AAA 8 Jun 2021
INE134E08LL0 Bond (NCD) 7.15% Yearly 27 Aug 2021 27 Aug 2036 ₹10,00,000 2,344 Unsecured None recorded BSE CRISIL AAA 30 Jul 2021
INE134E08OE9 Bond (NCD) 7.61% Yearly 7 Sep 2026 8 Sep 2036 ₹1,00,000 2,269 Unsecured None recorded BSE, NSE CRISIL AAA 5 Aug 2026
INE134E08LV9 Bond (NCD) 7.65% Yearly 14 Nov 2022 13 Nov 2037 ₹10,00,000 4,000 Unsecured None recorded BSE ICRA AAA 31 Mar 2026
INE134E08LY3 Bond (NCD) 7.72% Yearly 19 Dec 2022 19 Dec 2037 ₹10,00,000 2,783 Unsecured None recorded BSE CRISIL AAA 25 Nov 2022
INE134E08MB9 Bond (NCD) 7.82% Yearly 6 Mar 2023 6 Mar 2038 ₹1,00,000 3,469 Unsecured None recorded — ICRA AAA 31 Mar 2026
INE134E07CK3 NCD 7.55% Yearly 1 Aug 2023 1 Aug 2038 ₹1,000 2,111 Secured None recorded BSE CRISIL AAA 8 Jun 2023
INE134E08MV7 Bond (NCD) 7.69% Yearly 15 Dec 2023 15 Dec 2038 ₹1,00,000 3,335 Unsecured None recorded — CRISIL AAA 15 Nov 2023
INE134E08NB7 Bond (NCD) 7.32% Yearly 22 Aug 2024 15 Jul 2039 ₹1,00,000 3,050 Unsecured None recorded NSE CRISIL AAA 22 Mar 2024
INE134E08NE1 Bond (NCD) 7.22% Yearly 23 Sep 2024 15 Oct 2039 ₹1,00,000 3,227 Unsecured None recorded NSE CRISIL AAA 22 Mar 2024
INE134E08NG6 Bond (NCD) 7.11% Yearly 10 Dec 2024 16 Jan 2040 ₹1,00,000 3,200 Unsecured None recorded NSE CRISIL AAA 22 Mar 2024
INE134E08NI2 Bond (NCD) 7.16% Yearly 23 Dec 2024 16 Jan 2040 ₹1,00,000 2,700 Unsecured None recorded NSE CRISIL AAA 22 Mar 2024
INE134E08NX1 Bond (NCD) 7.1% Yearly 3 Nov 2025 12 Nov 2040 ₹1,00,000 2,486 Unsecured None recorded NSE CRISIL AAA 27 Mar 2025
INE134E07DJ3 NCD Cumulative At maturity 3 Feb 2026 2 Feb 2041 ₹1,000 6.76 Secured None recorded NSE CRISIL AAA 27 Mar 2025
INE134E07DL9 NCD Cumulative At maturity 3 Feb 2026 2 Feb 2041 ₹1,000 1.52 Secured None recorded NSE CRISIL AAA 27 Mar 2025
INE134E07DS4 NCD 7.05% Yearly 3 Feb 2026 2 Feb 2041 ₹1,000 7.61 Secured None recorded NSE CRISIL AAA 27 Mar 2025
INE134E07DT2 NCD 7.2% Yearly 3 Feb 2026 2 Feb 2041 ₹1,000 10.61 Secured None recorded NSE CRISIL AAA 27 Mar 2025
INE134E07DU0 NCD 7.3% Yearly 3 Feb 2026 2 Feb 2041 ₹1,000 21.83 Secured None recorded NSE CRISIL AAA 27 Mar 2025
INE134E08OD1 Bond (NCD) 7.55% Yearly 25 Aug 2026 26 Aug 2041 ₹1,00,000 2,500 Unsecured None recorded NSE CRISIL AAA 5 Aug 2026
INE134E08NK8 Bond (NCD) 7.25% Yearly 6 Feb 2025 16 Jan 2045 ₹1,00,000 1,450 Unsecured None recorded NSE CRISIL AAA 22 Mar 2024
INE134E08MW5 Perpetual debt 7.88% Yearly 15 Feb 2024 31 Dec 2105 ₹1,00,00,000 100 Unsecured None recorded — CRISIL AAA 25 Jan 2024
INE134E08NV5 Perpetual debt 7.43% Yearly 21 Jul 2025 31 Dec 2999 ₹1,00,00,000 475 Unsecured None recorded BSE CRISIL AAA 27 Mar 2025
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.
  • Cumulative bonds pay no periodic coupon; the contractual return is payable at maturity. The amount shown is that return per unit of face value, and the yearly rate is worked out from it and the allotment and maturity dates.
  • "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 · Cumulative NCD · Credit rating.

Public NCD issues

IssuerOpenedCouponTenorRatingIssue size
Power Finance Corporation16 Jan 20266.85%–7.3%5 years–15 yearsCRISIL AAA, CARE AAA, ICRA AAA₹5,000 crore

Power Finance Corporation credit rating

Latest rating by agency on the outstanding bonds (NSDL India Bond Info)
Agency Rating Outlook Latest action Action date Bonds Status
CARE AAA Stable Reaffirm 12 Oct 2026 117 Checked 12 Nov 2026
CRISIL AAA Stable New 5 Aug 2026 115 Verified by NSDL · Checked 12 Nov 2026
ICRA AAA Stable Reaffirm 31 Mar 2026 118 Verified by NSDL · Checked 12 Nov 2026
CREDIT ANALYSIS & RESEARCH LTD. AAA — — 30 Dec 2016 1 Over 12 months old · Checked 12 Nov 2026
Rating history
Date Agency Rating Outlook Action
12 Oct 2026 CARE AAA Stable Reaffirm
5 Aug 2026 CRISIL AAA Stable New
1 Apr 2026 CARE AAA Stable Reaffirm
31 Mar 2026 ICRA AAA Stable Reaffirm
25 Mar 2026 ICRA AAA Stable Reaffirm
8 Oct 2025 CARE AAA Stable Reaffirm
1 Apr 2025 CARE AAA Stable Reaffirm
27 Mar 2025 CARE AAA Stable Reaffirm
27 Mar 2025 CRISIL AAA Stable New
26 Mar 2025 ICRA AAA Stable Reaffirm
12 Mar 2025 CARE AAA Stable Reaffirm
3 Dec 2024 CARE AAA Stable New
9 Oct 2024 CARE AAA Stable Reaffirm
13 Sep 2024 CARE AAA Stable New
19 Aug 2024 CARE AAA Stable New

Rating actions on the issuer's bonds as recorded by NSDL, newest first. Earlier lines are history, not the current rating.

A credit rating is the agency's opinion and can change at any time. Check the agency's website for the latest action: CRISIL, ICRA, CARE

Private placements and disclosure documents

Allotted ISIN Redemption Disclosure documents
7 Sep 2026 INE134E08OF6 8 Sep 2031 Placement memorandum on BSE
7 Sep 2026 INE134E08OE9 8 Sep 2036 Placement memorandum on BSE
2 Mar 2026 INE134E08OC3 2 Mar 2028 Placement memorandum on BSE
2 Mar 2026 INE134E08OB5 3 Mar 2036 Placement memorandum on BSE
16 Feb 2026 INE134E08OA7 16 Feb 2028 Placement memorandum on BSE
16 Feb 2026 INE134E08NZ6 17 Feb 2031 Placement memorandum on BSE
25 Sep 2025 INE134E08NW3 15 Oct 2027 Placement memorandum on BSE
21 Jul 2025 INE134E08NV5 31 Dec 2105 Placement memorandum on BSE
11 Jun 2025 INE134E08NT9 15 Jul 2027 Placement memorandum on BSE
11 Jun 2025 INE134E08NU7 15 Oct 2030 Placement memorandum on BSE
17 Mar 2025 INE134E08NP7 15 Jul 2028 Placement memorandum on BSE
17 Mar 2025 INE134E08NQ5 15 Apr 2026 Placement memorandum on BSE
6 Feb 2025 INE134E08NJ0 15 Jan 2035 Placement memorandum on BSE
6 Feb 2025 INE134E08NK8 16 Jan 2045 Placement memorandum on BSE
23 Sep 2024 INE134E08NE1 15 Oct 2039 Placement memorandum on BSE
23 Sep 2024 INE134E08ND3 15 Oct 2031 Placement memorandum on BSE
22 Feb 2024 INE134E08MX3 13 Apr 2029 Placement memorandum on BSE
22 Feb 2024 INE134E08MY1 22 Feb 2034 Placement memorandum on BSE
15 Feb 2024 INE134E08MW5 31 Dec 2105 Placement memorandum on BSE
15 Dec 2023 INE134E08MV7 15 Dec 2038 Placement memorandum on BSE
30 Nov 2023 INE134E08MU9 30 Nov 2033 Placement memorandum on BSE
25 Aug 2023 INE134E08MS3 25 Aug 2026 Placement memorandum on BSE
25 Aug 2023 INE134E08MT1 25 Aug 2026 Placement memorandum on BSE
25 Aug 2023 INE134E08MR5 25 Aug 2033 Placement memorandum on BSE
12 Jul 2023 INE134E08KT5 22 May 2025 Placement memorandum on BSE
12 Jul 2023 INE134E08MQ7 12 Jul 2033 Placement memorandum on BSE
22 May 2023 INE134E08MO2 22 May 2026 Placement memorandum on BSE
20 Apr 2023 INE134E08MM6 15 Jul 2033 Placement memorandum on BSE
20 Apr 2023 INE134E08ML8 15 Jul 2026 Placement memorandum on BSE
31 Mar 2023 INE134E08MK0 15 Sep 2026 Placement memorandum on BSE
31 Mar 2023 INE134E08MJ2 15 Apr 2028 Placement memorandum on BSE
27 Mar 2023 INE134E08MH6 15 Apr 2033 Placement memorandum on BSE
27 Mar 2023 INE134E08MI4 15 Apr 2033 Placement memorandum on BSE
13 Mar 2023 INE134E08MF0 13 Mar 2030 Placement memorandum on BSE
13 Mar 2023 INE134E08MG8 13 Mar 2031 Placement memorandum on BSE
13 Mar 2023 INE134E08ME3 12 Mar 2032 Placement memorandum on BSE
13 Mar 2023 INE134E08MD5 11 Mar 2033 Placement memorandum on BSE
13 Mar 2023 INE134E08MC7 15 Jul 2026 Placement memorandum on BSE
6 Mar 2023 INE134E08MB9 6 Mar 2038 Placement memorandum on BSE
22 Feb 2023 INE134E08MA1 22 Feb 2033 Placement memorandum on BSE
27 Dec 2022 INE134E08LZ0 15 Jan 2026 Placement memorandum on BSE
19 Dec 2022 INE134E08LY3 19 Dec 2037 Placement memorandum on BSE
19 Dec 2022 INE134E08LX5 17 Jan 2028 Placement memorandum on BSE
14 Dec 2022 INE134E08LW7 15 Apr 2033 Placement memorandum on BSE
14 Nov 2022 INE134E08LV9 13 Nov 2037 Placement memorandum on BSE
24 Aug 2022 INE134E08LP1 15 Jul 2026 Placement memorandum on BSE
10 Aug 2022 INE134E08LO4 8 Aug 2025 Placement memorandum on BSE
1 Oct 2021 INE134E08LM8 1 Oct 2031 Placement memorandum on BSE
27 Aug 2021 INE134E08LK2 27 Aug 2026 Placement memorandum on BSE
27 Aug 2021 INE134E08LL0 27 Aug 2036 Placement memorandum on BSE

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.

Power Finance Corporation bonds: questions and answers

What bonds has Power Finance Corporation Limited issued?

Power Finance Corporation Limited has 121 outstanding bonds recorded on this page. By type, as described by NSDL: 91 bond (ncd), 21 NCDs, 5 tax-free bond, 2 subordinated NCD (tier ii), 2 perpetual debt. 34 further ISINs on record have passed their maturity dates and are not counted as outstanding.

What are the ISINs of Power Finance Corporation Limited bonds?

Its 121 outstanding bonds each have their own ISIN, for example INE134E08IR3, INE134E07208, INE134E08IT9. All are listed in the bond table on this page. ISINs of this issuer begin with its issuer code, INE134E.

What coupon rates do Power Finance Corporation Limited bonds pay?

Stated coupons on its fixed-rate outstanding bonds range from 6.27% to 9.39% a year on face value. 5 cumulative bonds pay no periodic coupon; their contractual return is payable at maturity. 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 Power Finance Corporation Limited bonds mature?

Its outstanding bonds have maturity dates from 20 Jan 2027 to 31 Dec 2999. The bond table lists the maturity date of each ISIN.

What is the latest credit rating of Power Finance Corporation Limited bonds?

NSDL India Bond Info records CARE AAA (Stable) (action dated 12 Oct 2026); CRISIL AAA (Stable) (action dated 5 Aug 2026); ICRA AAA (Stable) (action dated 31 Mar 2026); CREDIT ANALYSIS & RESEARCH LTD. AAA (action dated 30 Dec 2016) 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 Power Finance Corporation Limited bonds secured, unsecured or guaranteed?

NSDL records 28 of the 121 outstanding bonds whose terms it holds as secured and 93 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 Power Finance Corporation 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. 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 Power Finance Corporation Limited 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.

What is a cumulative bond?

A cumulative bond pays no periodic coupon. The contractual return builds up over its life and is payable with the face value at maturity, so this page shows the amount payable at maturity and the yearly rate it works out to, instead of a yearly coupon.

Sources and dates

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.

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Bond Interpretation
Bond Interpretation
Bond Interpretation is an information resource on Indian corporate bond issuers, published by Newsinterpretation. It covers the companies behind corporate bonds and non-convertible debentures (NCDs): their outstanding bonds with ISIN-level terms, credit ratings as recorded by the depository, private placements and public NCD issues. It brings together depository (NSDL India Bond Info), exchange (BSE and NSE) and company records, and shows the source and date of each fact. The pages are compiled automatically from those records. Bond Interpretation publishes no credit ratings, opinions or recommendations to buy, sell or hold of its own.

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