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A- | ICRA NCD Secured
11.90%
YTM
N/A
Minimum investment
Monthly
Payout
06 Feb 2028
Maturity
10.75%
Coupon Rate
₹10,000
Face Value
11.90% / +115 bpsYTM vs coupon

yield above stated coupon

N/AClean / dirty price

Excluding / including accrued interest

About the issuer

Satin Finserv Limited (SFL), established in 2018, is a wholly-owned subsidiary of Satin Creditcare Network Limited (SCNL), a leading Non-Banking Financial Company-Microfinance Institution (NBFC-MFI) in India. SFL specializes in providing financial solutions to Micro, Small, and Medium Enterprises (MSMEs), offering products such as small ticket business loans, large ticket corporate loans, and Joint Liability Group (JLG) loans through business correspondents. The company operates across multiple states, including Madhya Pradesh, Gujarat, Bihar, Rajasthan, Maharashtra, Punjab, and Uttar Pradesh, focusing on underserved rural and semi-urban areas. In March 2023, SFL merged with Taraashna Financial Services Limited, enhancing its capacity to serve MSMEs with diverse financial needs.

Issuance date
06 Feb 2026

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