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Yield (% Return)

This is indicative % returns on your bond investments

Balance tenure

Time period after which your initial investment is paid back

Interest payment frequency

Time period between two interest payments on your bond

Credit rating

This shows the safety of the issuer. Higher the rating - safer the bond

High Yield Bonds

High Yield Bonds are issued by companies looking for working capital to manage their ongoing business requirements or to refinance any of their existing debt. Invest in High Yield Bonds online through IndiaBonds with returns which are relatively higher than Fixed Deposits

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Yield (% Return)

This is indicative % returns on your bond investments

Balance tenure

Time period after which your initial investment is paid back

Interest payment frequency

Time period between two interest payments on your bond

Credit rating

This shows the safety of the issuer. Higher the rating - safer the bond

Yield (% Return) : 7-10 % , Balance Tenure : 3-5 Years , Interest payment frequency : Annual , Credit Rating : AA


Arka Fincap Limited

Coupon

10.0000%

Maturity

Dec 2028

Rating

CRISIL  AA-

Type of Bond

Secured - Regular Bond/Debenture

Yield

9.8922%

Price

₹ 1,034.74

360 One Prime Limited

Coupon

9.6600%

Maturity

Jan 2029

Rating

ICRA  AA

Type of Bond

Secured - Regular Bond/Debenture

Yield

9.5589%

Price

₹ 1,027.84

Bond Name Coupon Maturity Rating Interest Payment Yield Price Action

ARKA FINCAP LIMITED

10.0000

Dec 2028

CRISIL AA-

Annual

9.8922%

₹ 1,034.74

Read More

360 ONE PRIME LIMITED

9.6600

Jan 2029

ICRA AA

Annual

9.5589%

₹ 1,027.84

Read More


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Yield (% Return): 7% - 10%

Muthoot Microfin Limited

Coupon

11.0000%

Maturity

Jun 2026

Rating

CRISIL  A+

Type of Bond

Secured - Regular Bond/Debenture

Yield

10.0000%

Price

₹ 1,02,159.35

Arka Fincap Limited

Coupon

10.0000%

Maturity

Dec 2028

Rating

CRISIL  AA-

Type of Bond

Secured - Regular Bond/Debenture

Yield

9.8922%

Price

₹ 1,034.74

Iifl Samasta Finance Limited

Coupon

10.0000%

Maturity

Dec 2026

Rating

CRISIL  AA-

Type of Bond

Secured - Regular Bond/Debenture

Yield

9.8564%

Price

₹ 1,035.88

Creditaccess Grameen Limited

Coupon

9.7000%

Maturity

Sep 2028

Rating

Ind-Ra  AA-

Type of Bond

Secured - Regular Bond/Debenture

Yield

9.8295%

Price

₹ 1,006.29

Vastu Finserve India Private Limited

Coupon

9.5500%

Maturity

May 2026

Rating

CARE  AA-

Type of Bond

Secured - Regular Bond/Debenture

Yield

9.7992%

Price

₹ 1,00,797.95

360 One Prime Limited

Coupon

9.6600%

Maturity

Jan 2029

Rating

ICRA  AA

Type of Bond

Secured - Regular Bond/Debenture

Yield

9.5589%

Price

₹ 1,027.84

Belstar Microfinance Limited

Coupon

10.0000%

Maturity

Aug 2025

Rating

CRISIL  AA

Type of Bond

Unsecured - Regular Bond/Debenture

Yield

9.5000%

Price

₹ 77,047.98

Au Small Finance Bank Limited

Coupon

10.7500%

Maturity

Feb 2029

Rating

CARE  A

Type of Bond

Subordinate Debt Tier 2 - Lower

Yield

9.5000%

Price

₹ 1,06,730.60

Balance Tenure: 3-5 Years

Arka Fincap Limited

Coupon

10.0000%

Maturity

Dec 2028

Rating

CRISIL  AA-

Type of Bond

Secured - Regular Bond/Debenture

Yield

9.8922%

Price

₹ 1,034.74

Creditaccess Grameen Limited

Coupon

9.7000%

Maturity

Sep 2028

Rating

Ind-Ra  AA-

Type of Bond

Secured - Regular Bond/Debenture

Yield

9.8295%

Price

₹ 1,006.29

360 One Prime Limited

Coupon

9.6600%

Maturity

Jan 2029

Rating

ICRA  AA

Type of Bond

Secured - Regular Bond/Debenture

Yield

9.5589%

Price

₹ 1,027.84

Au Small Finance Bank Limited

Coupon

10.7500%

Maturity

Feb 2029

Rating

CARE  A

Type of Bond

Subordinate Debt Tier 2 - Lower

Yield

9.5000%

Price

₹ 1,06,730.60

Kerala Infrastructure Investment Fund Board

Coupon

8.9500%

Maturity

Dec 2027

Rating

ACUITE  AA(CE)

Type of Bond

State Guaranteed Bond (SLU)

Yield

9.2467%

Price

₹ 1,00,782.51

Kerala Infrastructure Investment Fund Board

Coupon

8.9500%

Maturity

Dec 2028

Rating

ACUITE  AA(CE)

Type of Bond

State Guaranteed Bond (SLU)

Yield

9.2451%

Price

₹ 1,00,782.51

Kotak Mahindra Investments Limited

Coupon

8.3721%

Maturity

Aug 2027

Rating

ICRA  AAA

Type of Bond

Secured - Regular Bond/Debenture

Yield

8.1500%

Price

₹ 1,01,433.73

Hindustan Petroleum Corporation Limited

Coupon

7.7400%

Maturity

Mar 2028

Rating

ICRA  AAA

Type of Bond

Unsecured - Regular Bond/Debenture

Yield

7.3500%

Price

₹ 1,02,323.58

Interest Payment Frequency: Annual

Indiabulls Housing Finance Limited

Coupon

8.8500%

Maturity

Sep 2026

Rating

CRISIL  AA

Type of Bond

Secured - Regular Bond/Debenture

Yield

11.7500%

Price

₹ 991.20

Navi Finserv Limited

Coupon

10.9000%

Maturity

Jun 2026

Rating

CRISIL  A

Type of Bond

Secured - Regular Bond/Debenture

Yield

10.9156%

Price

₹ 1,012.24

Arka Fincap Limited

Coupon

10.0000%

Maturity

Dec 2028

Rating

CRISIL  AA-

Type of Bond

Secured - Regular Bond/Debenture

Yield

9.8922%

Price

₹ 1,034.74

Iifl Samasta Finance Limited

Coupon

10.0000%

Maturity

Dec 2026

Rating

CRISIL  AA-

Type of Bond

Secured - Regular Bond/Debenture

Yield

9.8564%

Price

₹ 1,035.88

360 One Prime Limited

Coupon

9.6600%

Maturity

Jan 2029

Rating

ICRA  AA

Type of Bond

Secured - Regular Bond/Debenture

Yield

9.5589%

Price

₹ 1,027.84

Yes Bank Limited

Coupon

9.0000%

Maturity

Mar 2026

Rating

CARE  A

Type of Bond

Subordinate Debt Tier 2

Yield

9.5000%

Price

₹ 9,96,496.08

Arka Fincap Limited

Coupon

9.6500%

Maturity

Dec 2026

Rating

CRISIL  AA-

Type of Bond

Secured - Regular Bond/Debenture

Yield

9.4912%

Price

₹ 1,033.61

Yes Bank Limited

Coupon

9.1500%

Maturity

Jun 2025

Rating

CARE  A

Type of Bond

Subordinate Debt Tier 2

Yield

9.4000%

Price

₹ 10,71,134.00

Credit Rating: AA

Indiabulls Housing Finance Limited

Coupon

8.8500%

Maturity

Sep 2026

Rating

CRISIL  AA

Type of Bond

Secured - Regular Bond/Debenture

Yield

11.7500%

Price

₹ 991.20

Mas Financial Services Limited

Coupon

10.7500%

Maturity

Jul 2029

Rating

CARE  AA-

Type of Bond

Subordinate Debt

Yield

11.2900%

Price

₹ 1,00,677.40

Iifl Samasta Finance Limited

Coupon

10.4800%

Maturity

Feb 2027

Rating

CRISIL  AA-

Type of Bond

Unsecured - Regular Bond/Debenture

Yield

10.9987%

Price

₹ 99,827.73

Piramal Capital & Housing Finance Limited

Coupon

6.7500%

Maturity

Sep 2031

Rating

ICRA  AA

Type of Bond

Secured - Regular Bond/Debenture

Yield

10.8500%

Price

₹ 762.49

Indostar Capital Finance Limited

Coupon

9.8500%

Maturity

Aug 2026

Rating

CRISIL  AA-

Type of Bond

Secured - Regular Bond/Debenture

Yield

10.5000%

Price

₹ 99,258.42

Indostar Capital Finance Limited

Coupon

9.9500%

Maturity

Aug 2025

Rating

CRISIL  AA-

Type of Bond

Secured - Regular Bond/Debenture

Yield

10.4000%

Price

₹ 99,536.20

Indostar Capital Finance Limited

Coupon

9.9500%

Maturity

Mar 2025

Rating

CRISIL  AA-

Type of Bond

Secured - Regular Bond/Debenture

Yield

10.2500%

Price

₹ 1,00,711.95

Arka Fincap Limited

Coupon

10.0000%

Maturity

Dec 2028

Rating

CRISIL  AA-

Type of Bond

Secured - Regular Bond/Debenture

Yield

9.8922%

Price

₹ 1,034.74

Curated Packs: High Yielding

Satya Microcapital Limited

Coupon

13.8500%

Maturity

Jul 2029

Rating

CRISIL  BBB+

Type of Bond

Subordinate Debt

Yield

14.7561%

Price

₹ 1,00,417.40

Earlysalary Services Private Limited

Coupon

11.7500%

Maturity

Dec 2025

Rating

CARE  BBB+

Type of Bond

Secured - Regular Bond/Debenture

Yield

12.2693%

Price

₹ 1,00,901.37

Neogrowth Credit Private Limited

Coupon

12.5500%

Maturity

Aug 2025

Rating

ICRA  BBB+

Type of Bond

Secured - Regular Bond/Debenture

Yield

12.0000%

Price

₹ 1,01,362.25

Indiabulls Housing Finance Limited

Coupon

8.8500%

Maturity

Sep 2026

Rating

CRISIL  AA

Type of Bond

Secured - Regular Bond/Debenture

Yield

11.7500%

Price

₹ 991.20

Esaf Small Finance Bank Limited

Coupon

11.0000%

Maturity

Apr 2030

Rating

CARE  A

Type of Bond

Subordinate Debt Tier 2 - Lower

Yield

11.3500%

Price

₹ 1,00,772.16

Spandana Sphoorty Financial Limited

Coupon

10.7500%

Maturity

Mar 2025

Rating

Ind-Ra  A

Type of Bond

Secured - Regular Bond/Debenture

Yield

11.2957%

Price

₹ 1,00,500.68

Spandana Sphoorty Financial Limited

Coupon

10.7500%

Maturity

Sep 2025

Rating

Ind-Ra  A

Type of Bond

Secured - Regular Bond/Debenture

Yield

11.2949%

Price

₹ 1,00,500.68

Mas Financial Services Limited

Coupon

10.7500%

Maturity

Jul 2029

Rating

CARE  AA-

Type of Bond

Subordinate Debt

Yield

11.2900%

Price

₹ 1,00,677.40

Note: Pursuant to the provisions of Section 193 of Income Tax Act, 1961, as amended, with effect from, 1st April 2023, TDS will be deducted @ 10% on any interest payable on any security issued by a company (i.e. securities other than securities issued by the Central Government or a State Government). The listing of products above should not be considered an endorsement or recommendation to invest. Please use your own discretion before you transact. The listed products and their price or yield are subject to availability and market cutoff times.

Discover our Curated Packs

MAHINDRA AND MAHINDRA FINANCIAL SERVICES LIMITED

Coupon

8.2500%

Maturity

Mar 2027

Rating

Ind-Ra  AAA

Type of Bond

Secured - Regular Bond/Debenture

Yield

8.1300%

Price

₹ 1,02,175.68

NEOGROWTH CREDIT PRIVATE LIMITED

Coupon

12.5500%

Maturity

Aug 2025

Rating

ICRA  BBB+

Type of Bond

Secured - Regular Bond/Debenture

Yield

12.0000%

Price

₹ 1,01,362.25

MUTHOOT CAPITAL SERVICES LIMITED

Coupon

10.0000%

Maturity

Mar 2027

Rating

CRISIL  A+

Type of Bond

Secured - Regular Bond/Debenture

Yield

10.4711%

Price

₹ 1,00,109.59

KOTAK MAHINDRA INVESTMENTS LIMITED

Coupon

8.3721%

Maturity

Aug 2027

Rating

ICRA  AAA

Type of Bond

Secured - Regular Bond/Debenture

Yield

8.1500%

Price

₹ 1,01,433.73

ESAF SMALL FINANCE BANK LIMITED

Coupon

11.0000%

Maturity

Apr 2030

Rating

CARE  A

Type of Bond

Subordinate Debt Tier 2 - Lower

Yield

11.3500%

Price

₹ 1,00,772.16

SATYA MICROCAPITAL LIMITED

Coupon

13.8500%

Maturity

Jul 2029

Rating

CRISIL  BBB+

Type of Bond

Subordinate Debt

Yield

14.7561%

Price

₹ 1,00,417.40

EARLYSALARY SERVICES PRIVATE LIMITED

Coupon

11.7500%

Maturity

Dec 2025

Rating

CARE  BBB+

Type of Bond

Secured - Regular Bond/Debenture

Yield

12.2693%

Price

₹ 1,00,901.37

NEOGROWTH CREDIT PRIVATE LIMITED

Coupon

12.5500%

Maturity

Aug 2025

Rating

ICRA  BBB+

Type of Bond

Secured - Regular Bond/Debenture

Yield

12.0000%

Price

₹ 1,01,362.25

INDIABULLS HOUSING FINANCE LIMITED

Coupon

8.8500%

Maturity

Sep 2026

Rating

CRISIL  AA

Type of Bond

Secured - Regular Bond/Debenture

Yield

11.7500%

Price

₹ 991.20

ESAF SMALL FINANCE BANK LIMITED

Coupon

11.0000%

Maturity

Apr 2030

Rating

CARE  A

Type of Bond

Subordinate Debt Tier 2 - Lower

Yield

11.3500%

Price

₹ 1,00,772.16

KERALA INFRASTRUCTURE INVESTMENT FUND BOARD

Coupon

8.9500%

Maturity

Dec 2031

Rating

ACUITE  AA(CE)

Type of Bond

State Guaranteed Bond (SLU)

Yield

9.2472%

Price

₹ 1,00,782.51

KERALA INFRASTRUCTURE INVESTMENT FUND BOARD

Coupon

8.9500%

Maturity

Dec 2027

Rating

ACUITE  AA(CE)

Type of Bond

State Guaranteed Bond (SLU)

Yield

9.2467%

Price

₹ 1,00,782.51

KERALA INFRASTRUCTURE INVESTMENT FUND BOARD

Coupon

8.9500%

Maturity

Dec 2032

Rating

ACUITE  AA(CE)

Type of Bond

State Guaranteed Bond (SLU)

Yield

9.2464%

Price

₹ 1,00,782.51

KERALA INFRASTRUCTURE INVESTMENT FUND BOARD

Coupon

8.9500%

Maturity

Dec 2030

Rating

ACUITE  AA(CE)

Type of Bond

State Guaranteed Bond (SLU)

Yield

9.2463%

Price

₹ 1,00,782.51

KERALA INFRASTRUCTURE INVESTMENT FUND BOARD

Coupon

8.9500%

Maturity

Dec 2028

Rating

ACUITE  AA(CE)

Type of Bond

State Guaranteed Bond (SLU)

Yield

9.2451%

Price

₹ 1,00,782.51

ESAF SMALL FINANCE BANK LIMITED

Coupon

11.0000%

Maturity

Apr 2030

Rating

CARE  A

Type of Bond

Subordinate Debt Tier 2 - Lower

Yield

11.3500%

Price

₹ 1,00,772.16

AU SMALL FINANCE BANK LIMITED

Coupon

10.7500%

Maturity

Feb 2029

Rating

CARE  A

Type of Bond

Subordinate Debt Tier 2 - Lower

Yield

9.5000%

Price

₹ 1,06,730.60

YES BANK LIMITED

Coupon

9.0000%

Maturity

Mar 2026

Rating

CARE  A

Type of Bond

Subordinate Debt Tier 2

Yield

9.5000%

Price

₹ 9,96,496.08

YES BANK LIMITED

Coupon

9.1500%

Maturity

Jun 2025

Rating

CARE  A

Type of Bond

Subordinate Debt Tier 2

Yield

9.4000%

Price

₹ 10,71,134.00

YES BANK LIMITED

Coupon

8.8500%

Maturity

Feb 2025

Rating

CARE  A

Type of Bond

Unsecured - Regular Bond/Debenture

Yield

9.2500%

Price

₹ 10,09,477.79

NATIONAL BANK FOR AGRICULTURE AND RURAL DEVELOPMENT

Coupon

7.5700%

Maturity

Mar 2026

Rating

Ind-Ra  AAA

Type of Bond

Unsecured - Regular Bond/Debenture

Yield

7.5562%

Price

₹ 1,00,725.89

REC LIMITED

Coupon

7.6000%

Maturity

Feb 2026

Rating

CRISIL  AAA

Type of Bond

Unsecured - Regular Bond/Debenture

Yield

7.5500%

Price

₹ 1,01,173.88

RURAL ELECTRIFICATION CORPORATION LIMITED

Coupon

7.5600%

Maturity

Jun 2026

Rating

CRISIL  AAA

Type of Bond

Unsecured - Regular Bond/Debenture

Yield

7.5365%

Price

₹ 1,06,155.41

POWER FINANCE CORPORATION LIMITED

Coupon

7.4200%

Maturity

Sep 2032

Rating

ICRA  AAA

Type of Bond

Unsecured - Regular Bond/Debenture

Yield

7.3700%

Price

₹ 10,48,300.95

POWER FINANCE CORPORATION LIMITED

Coupon

7.5500%

Maturity

Aug 2038

Rating

ICRA  AAA

Type of Bond

Secured - Regular Bond/Debenture

Yield

7.3600%

Price

₹ 1,070.37

HARYANA

Coupon

6.8600%

Maturity

Nov 2026

Rating

Sovereign

Type of Bond

State Development Loan

Yield

7.4000%

Price

₹ 101.60

SATYA MICROCAPITAL LIMITED

Coupon

13.8500%

Maturity

Jul 2029

Rating

CRISIL  BBB+

Type of Bond

Subordinate Debt

Yield

14.7561%

Price

₹ 1,00,417.40

NEOGROWTH CREDIT PRIVATE LIMITED

Coupon

12.5500%

Maturity

Aug 2025

Rating

ICRA  BBB+

Type of Bond

Secured - Regular Bond/Debenture

Yield

12.0000%

Price

₹ 1,01,362.25

SPANDANA SPHOORTY FINANCIAL LIMITED

Coupon

10.7500%

Maturity

Mar 2025

Rating

Ind-Ra  A

Type of Bond

Secured - Regular Bond/Debenture

Yield

11.2957%

Price

₹ 1,00,500.68

SPANDANA SPHOORTY FINANCIAL LIMITED

Coupon

10.7500%

Maturity

Sep 2025

Rating

Ind-Ra  A

Type of Bond

Secured - Regular Bond/Debenture

Yield

11.2949%

Price

₹ 1,00,500.68

MAS FINANCIAL SERVICES LIMITED

Coupon

10.7500%

Maturity

Jul 2029

Rating

CARE  AA-

Type of Bond

Subordinate Debt

Yield

11.2900%

Price

₹ 1,00,677.40

Note: Pursuant to the provisions of Section 193 of Income Tax Act, 1961, as amended, with effect from, 1st April 2023, TDS will be deducted @ 10% on any interest payable on any security issued by a company (i.e. securities other than securities issued by the Central Government or a State Government). The listing of products above should not be considered an endorsement or recommendation to invest. Please use your own discretion before you transact. The listed products and their price or yield are subject to availability and market cutoff times.

Frequently Asked Questions

What are High Yield Bonds?

High Yield Bonds also go by the name of, Small cap Bonds . These are bonds issued by companies or corporates that have a lower credit rating, typically non-investment grade, and which offer higher coupon or interest rate. While High Yield are majorly issued by companies that were previously investment grade issuers but have now seen a dip in their credit rating, these bonds are also issued by several emerging companies and startups that fall under this category. Since these companies have newly been established with no prior credit history the rating would most likely fall on the lower end.

Are High Yield Bonds risky?

Since High Yield Bonds are bonds issued by companies with a lower credit rating, this means there is some risk attached to such investments. A dip in a credit rating indicates a lowered ability by the issuer to pay timely payments in terms of interest to the investors. Since investors are made to assume such risk, issuers offer a higher and attractive coupon or interest rate to investors in compensation of such possible risk. However, when the company’s financial performance improves thereby upgrading its credit rating, or if the economy does well, High Yield Bonds can offer high returns.High Yield Bonds act as a middle ground between stocks and government bonds. While there is a reasonable risk associated with such investments the returns that can be earned are equally high.

What is the minimum investment for High Yield Bonds?

There are several kinds of High Yield Bonds in the market. In case investors want to invest in Listed High Yield Bonds via the Primary Market, the minimum investment amount is INR 10,000. That means investors have to get a minimum of 10 bonds which have a face value of 1000 each. When it comes to secondary markets, Listed Bonds that were first issued in the primary market and now being traded in the secondary market via a recognized settlement agencies like ICCL /NSCCL have a minimum investment amount of INR 2 Lakhs. This is because the transaction takes place via RTGS which has a minimum amount requirement of INR 2 Lakhs.

How to buy High Yield Bonds?

Investors can buy High Yield Bonds either from the Primary market or the Secondary market. Investors can access these bonds for investment via the exchange directly or through Online Bond investment platforms of IndiaBonds.

Who should invest in High Yield Bonds?

Since High Yield Bonds offer investors the benefits of both stocks and government bonds as a middle ground, they are a great investment option for anyone wanting to not only earn a higher income in terms of capital appreciation and higher returns but also has the appetite to withstand the potentially greater risk that is associated with it. It is meant for investors who can hold on to their investments for at least 1 to 3 years. This way investors may enjoy the benefits of higher returns in the future when the economy or company’s performance improves.

What are the risks associated with High Yield Bonds?

Just like any other investment class, along with the several advantages that High Yield Bonds have to offer, there are certain risks attached to it

1. Credit risks - In case the economy sees a downturn there may be increased defaults in this asset class. In such times the issuer may be unable to make interest or principal payments. It’s important to study the company well before investors buy High Yield Bonds

2. Interest Rate Risks - When interest rate sin the economy move higher, issuers may be under pressure from increased costs for their business causing stress on their bonds