MMFSL-9.2%-18-1-27-NCDMMFSL-9.2%-18-1-27-NCDMMFSL-9.2%-18-1-27-NCD

MMFSL-9.2%-18-1-27-NCD

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Key terms


Outstanding amount
Face value
1,000.00INR
Minimum denomination
10,000.00INR
Coupon
9.20% (Fixed)
Coupon frequency
Annual
Yield to maturity
7.51%
Maturity date
Jan 18, 2027
Term to maturity
2 years

About MMFSL-9.2%-18-1-27-NCD


Sector
Finance
Industry
Finance/Rental/Leasing
Issue date
Jan 18, 2019
ISIN
INE774D07SV1
Mahindra & Mahindra Financial Services Ltd. is a non-banking financial company, which engages in the provision of asset finance in the rural and semi-urban areas in India. It offers financing for auto and utility vehicles, tractors, cars, commercial vehicles and construction equipment, and pre owned and others vehicles to transport operators, farmers, small businesses and self-employed and salaried individuals, personal Loans for weddings, children's education, medical treatment, and working capital for a small or medium-sized enterprise, and project finance, equipment finance, working capital finance, vehicle finance, and bill discounting services to small and medium-sized enterprises. The firm also provides life, non-life, and reinsurance products, housing finance, equity mutual funds, tax saver mutual funds, monthly income funds, and other investment products, and investments and advisory services. The company was founded on January 1, 1991 and is headquartered in Mumbai, India.