Suryoday Small Finance Bank Limited

Suryoday Small Finance Bank Limited is an Indian company in the BFSI industry (formerly Suryoday Micro Finance Limited and Suryoday Micro Finance Private Limited) with 2 outstanding bonds (ISINs) recorded on this page. Stated coupons on its fixed-rate bonds range from 10.05% to 12.5% a year. Maturity dates run from 7 Apr 2027 to 9 Oct 2036. NSDL records 0 of the 2 whose terms it holds as secured. Latest credit rating on record: ICRA A (Stable) (action dated 3 Nov 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
Suryoday Small Finance Bank Limited
Formerly
Suryoday Micro Finance Limited; Suryoday Micro Finance Private Limited
CIN
U63923TN2008PTC069807
LEI
335800C1HZZHFU73HY58
Industry
BFSI
Business
Private Sector Bank
Ownership
Non PSU
ISIN issuer code
INE428Q
Outstanding bonds (ISINs)
2
Stated coupons (fixed rate)
10.05% – 12.5%
Maturity dates
7 Apr 2027 – 9 Oct 2036
Secured (NSDL)
0 of 2
Combined issue size of outstanding bonds
₹300 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.

Suryoday Small Finance Bank bonds: ISIN, coupon and maturity

2 outstanding bonds, by maturity date.

ISIN Type Coupon Interest paid Allotted Maturity Face value Issue size (₹ cr) Security Guarantee Rating (NSDL)
INE428Q08073 Subordinated NCD (Tier II) 12.5% At maturity 8 Sep 2020 7 Apr 2027 ₹10,00,000 100 Unsecured None recorded ICRA A 3 Nov 2026
INE428Q08081 Subordinated NCD (Tier II) 10.05% Yearly 9 Oct 2026 9 Oct 2036 ₹1,00,00,000 200 Unsecured None recorded ICRA A 23 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.

Suryoday Small Finance Bank credit rating

Latest rating by agency on the outstanding bonds (NSDL India Bond Info)
Agency Rating Outlook Latest action Action date Bonds Status
ICRA A Stable Reaffirm 3 Nov 2026 2 Verified by NSDL · Checked 5 Nov 2026
Rating history
Date Agency Rating Outlook Action
3 Nov 2026 ICRA A Stable Reaffirm
23 Sep 2026 ICRA A Stable Reaffirm
17 Mar 2026 ICRA A Stable Reaffirm
18 Mar 2025 ICRA A Stable Reaffirm
19 Mar 2024 ICRA A Stable Reaffirm
21 Mar 2023 ICRA A Stable Reaffirm
8 Sep 2020 ICRA A Stable —

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: ICRA

Private placements and disclosure documents

Allotted ISIN Redemption Disclosure documents
9 Oct 2026 INE428Q08081 9 Oct 2036 Placement memorandum on BSE
8 Sep 2020 INE428Q08073 7 Apr 2027 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.

Suryoday Small Finance Bank bonds: questions and answers

What bonds has Suryoday Small Finance Bank Limited issued?

Suryoday Small Finance Bank Limited has 2 outstanding bonds recorded on this page. By type, as described by NSDL: 2 subordinated NCD (tier ii).

What are the ISINs of Suryoday Small Finance Bank Limited bonds?

Its 2 outstanding bonds each have their own ISIN, for example INE428Q08073, INE428Q08081. All are listed in the bond table on this page. ISINs of this issuer begin with its issuer code, INE428Q.

What coupon rates do Suryoday Small Finance Bank Limited bonds pay?

Stated coupons on its fixed-rate outstanding bonds range from 10.05% to 12.5% 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 Suryoday Small Finance Bank Limited bonds mature?

Its outstanding bonds have maturity dates from 7 Apr 2027 to 9 Oct 2036. The bond table lists the maturity date of each ISIN.

What is the latest ICRA credit rating of Suryoday Small Finance Bank Limited bonds?

NSDL India Bond Info records ICRA A (Stable) (action dated 3 Nov 2026) 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 Suryoday Small Finance Bank Limited bonds secured, unsecured or guaranteed?

NSDL records 0 of the 2 outstanding bonds whose terms it holds as secured and 2 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 Suryoday Small Finance Bank Limited the same company as Suryoday Micro Finance Limited?

Yes. Suryoday Small Finance Bank Limited was formerly known as Suryoday Micro Finance Limited and Suryoday Micro Finance Private Limited; bonds issued under the earlier name are obligations of the same company. Its Corporate Identification Number (CIN) is U63923TN2008PTC069807.

Where can investors find the original disclosure documents for Suryoday Small Finance Bank 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 Suryoday Small Finance Bank 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

Data as of 14 Nov 2026 (snapshot 20261114-2051). Facts on this page last changed on 5 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 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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