SBI Cards and Payment Services Limited is an Indian company in the BFSI industry (formerly SBI Cards & Payment Services Private Limited) with 8 outstanding bonds (ISINs) recorded on this page. Stated coupons on its fixed-rate bonds range from 7.05% to 9.55% a year. Maturity dates run from 17 May 2028 to 8 Aug 2034. NSDL records 0 of the 8 whose terms it holds as secured. Latest credit ratings on record: ICRA AAA (Stable) (action dated 23 Oct 2026); CRISIL AAA (Stable) (action dated 28 Mar 2025). Verify current terms against the official documents linked on this page.
Data as of 15 Nov 2026 (snapshot 20261115-2253) · How this page is compiled
Issuer overview
- Legal name
- SBI Cards and Payment Services Limited
- Formerly
- SBI Cards & Payment Services Private Limited
- CIN
- L65999DL1998PLC093849
- LEI
- 335800HN4Y9OTCFH4236
- Industry
- BFSI
- Business
- Non-Banking Financial Company (NBFC)
- Ownership
- Non PSU
- ISIN issuer code
- INE018E
- Outstanding bonds (ISINs)
- 8 (plus 17 matured)
- Stated coupons (fixed rate)
- 7.05% – 9.55%
- Maturity dates
- 17 May 2028 – 8 Aug 2034
- Secured (NSDL)
- 0 of 8
- Combined issue size of outstanding bonds
- ₹6,185 crore
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.
SBI Cards and Payment Services bonds: ISIN, coupon and maturity
8 outstanding bonds, by maturity date.
| ISIN | Type | Coupon | Interest paid | Allotted | Maturity | Face value | Issue size (₹ cr) | Security | Guarantee | Rating (NSDL) |
|---|---|---|---|---|---|---|---|---|---|---|
| INE018E08334 | NCD | 7.85% | Yearly | 17 May 2023 | 17 May 2028 | ₹1,00,000 | 810 | Unsecured | None recorded | CRISIL AAA 24 Apr 2023 |
| INE018E08375 | NCD | 7.05% | Yearly | 30 Jul 2025 | 28 Jul 2028 | ₹1,00,000 | 2,000 | Unsecured | None recorded | CRISIL AAA 28 Mar 2025 |
| INE018E08144 | NCD | 9.55% | Yearly | 29 Jan 2019 | 29 Jan 2029 | ₹10,00,000 | 250 | Unsecured | None recorded | CRISIL AAA 18 Jan 2019 |
| INE018E08169 | NCD | 8.99% | Yearly | 12 Jun 2019 | 12 Jun 2029 | ₹10,00,000 | 100 | Unsecured | None recorded | CRISIL AAA 4 Jun 2019 |
| INE018E08300 | Subordinated NCD (Tier II) | 8.25% | Yearly | 30 Jun 2022 | 30 Jun 2032 | ₹1,00,00,000 | 250 | Unsecured | None recorded | CRISIL AAA 30 Jun 2022 |
| INE018E08342 | Subordinated NCD (Tier II) | 8.33% | Yearly | 24 Jan 2024 | 24 Jan 2034 | ₹1,00,00,000 | 525 | Unsecured | None recorded | CRISIL AAA 3 Jan 2024 |
| INE018E08359 | Subordinated NCD (Tier II) | 8.29% | Yearly | 28 Feb 2024 | 28 Feb 2034 | ₹1,00,00,000 | 750 | Unsecured | None recorded | CRISIL AAA 28 Jun 2023 |
| INE018E08367 | Subordinated NCD (Tier II) | 8.25% | Yearly | 8 Aug 2024 | 8 Aug 2034 | ₹1,00,00,000 | 1,500 | Unsecured | None recorded | CRISIL AAA 5 Jul 2024 |
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.
SBI Cards and Payment Services bonds: questions and answers
What bonds has SBI Cards and Payment Services Limited issued?
SBI Cards and Payment Services Limited has 8 outstanding bonds recorded on this page. By type, as described by NSDL: 4 NCDs, 4 subordinated NCD (tier ii). 17 further ISINs on record have passed their maturity dates and are not counted as outstanding.
What are the ISINs of SBI Cards and Payment Services Limited bonds?
Its 8 outstanding bonds each have their own ISIN, for example INE018E08334, INE018E08375, INE018E08144. All are listed in the bond table on this page. ISINs of this issuer begin with its issuer code, INE018E.
What coupon rates do SBI Cards and Payment Services Limited bonds pay?
Stated coupons on its fixed-rate outstanding bonds range from 7.05% to 9.55% 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 SBI Cards and Payment Services Limited bonds mature?
Its outstanding bonds have maturity dates from 17 May 2028 to 8 Aug 2034. The bond table lists the maturity date of each ISIN.
What is the latest credit rating of SBI Cards and Payment Services Limited bonds?
NSDL India Bond Info records ICRA AAA (Stable) (action dated 23 Oct 2026); CRISIL AAA (Stable) (action dated 28 Mar 2025) on its outstanding bonds. Checked on NSDL on 5 Nov 2026. A rating is the agency's opinion and can change at any time.
Are SBI Cards and Payment Services Limited bonds secured, unsecured or guaranteed?
NSDL records 0 of the 8 outstanding bonds whose terms it holds as secured and 8 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 SBI Cards and Payment Services Limited the same company as SBI Cards & Payment Services Private Limited?
Yes. SBI Cards and Payment Services Limited was formerly known as SBI Cards & Payment Services Private Limited; bonds issued under the earlier name are obligations of the same company. Its Corporate Identification Number (CIN) is L65999DL1998PLC093849.
Where can investors find the original disclosure documents for SBI Cards and Payment Services 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 SBI Cards and Payment Services 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.
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 15 Nov 2026 (snapshot 20261115-2253). Facts on this page last changed on 4 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.
