FINNABLE CREDIT PRIVATE LIMITED

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Earn up to 13.15% p.a.

Invest Now

Invest in Gold Loan Backed Bonds from Muthoottu Mini Financiers Ltd.

Earn up to 11.25% p.a

Invest Now

Investment Opportunity in Embassy Group Company

Earn up to 13.15% p.a.

Invest Now

Invest in Gold Loan Backed Bonds from Muthoottu Mini Financiers Ltd.

Earn up to 11.25% p.a

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Returns (YTM)

12.34%

Min. Investment

₹ 1,00,219.8

Remaining Tenure

2Y 5M 18Days

Payment Terms

Monthly

Highlights

Credit Rating

CARE BBB+

Seniority

SENIOR

Security

Secured

Default History

Zero

Rating: CARE ‘BBB+/Stable’

Experienced Management : CEO Nitin Gupta (IIM Bangalore) & Amit Arora (Oxford & INSEAD) - 20+ yrs of experience in BFSI

Salaried borrower focus: 100% salaried portfolio (avg ticket ₹2.5L, yield ~25%) with hybrid tech + physical verification & 100% in-house collections.

Tech-led scalable model: AUM scaled 45% YoY to ₹2,924 Cr (Jun’25) across 23 states, driven by fully digital underwriting and fast turnaround time.

Low leverage profile: High off-book share (87% of AUM) keeps gearing comfortable at 1.12x (Jun’25).

Strong equity backing: Net worth ~₹500 Cr (Sep’25) with ₹525 Cr cumulative equity raised, supporting growth & balance-sheet strength.

Healthy asset quality: Net NPA at 0.04% (Mar’25) & 90+ DPD at 1.10% (Jun’25) despite sectoral stress.

Company Financials

Revenue

PAT

Debt

Net Worth

Important disclaimer

Ratio Analysis

0.04

Net NPA

Good

Benchmark: Lower than 3%

1.09

Debt to Equity Ratio

Good

Benchmark: Maximum 12 times

1.34

Interest Coverage Ratio

Risky

Benchmark: Minimum 2

0.06

Return on Equity

Risky

Benchmark: Minimum 10%

Important disclaimer

About Issuer

Finnable Credit Pvt. Ltd. is a fintech company dedicated to making personal loans quick, simple, and accessible for salaried professionals across India. Its fully digital platform removes the complexity of traditional borrowing, allowing users to apply for loans with minimal paperwork and get approvals efficiently. By partnering with RBI?regulated NBFCs and financial institutions, Finnable ensures safe, compliant, and transparent lending. With a focus on technology-driven solutions, the company empowers working individuals with straightforward credit options, helping them manage their financial needs confidently and seamlessly.

Total Annual Revenue

47.72 Cr (FY 2024-25)

Year of Inception

2019

Industry

NBFC Retail

Head Office

BANGALORE

Type of Issuer

Corporate

Current MD/CEO

Mr. Nitin Gupta

Credit Rating / Outlook

BBB+

CARE

Rating Rationale

Rating Date: 30-Sep-2025

Credit rating by different rating agencies indicates the bond issuer’s ability to repay its debt obligations. A bond can be rated by one or more SEBI registered credit rating agencies e.g. CRISIL, CARE, ICRA, IND, BWR, ACUITE, INFOMERICS.
Bonds/NCDs with BBB credit rating are considered to have a moderate to low degree of safety regarding timely servicing of debt obligations. Such Bonds/NCDs carry moderate to high credit risk, hence it is suitable for investors with high risk tolerance.

Other Important Details & Disclosures

Issuer Name

FINNABLE CREDIT PRIVATE LIMITED

Security Name

12.25% FINNABLE CREDIT PRIVATE LIMITED Secured Rated Listed NCD Maturity 11-Jun-2028

ISIN

Copy

INE14H407074

Face Value

₹ 1,00,000

Coupon Rate

12.25%

Coupon Type

FIXED

Payment Terms

Monthly

Maturity Date

11-Jun-2028

Clean Price

₹ 100.66

Dirty Price

₹ 100.22

Current Yield

12.1702%

Yield to Maturity

12.3438%

Mode of Issue

Private Placement

Date of Issue

11-Dec-2025

Listed

Yes

Instrument Type

Taxable

Security

Secured

Seniority

SENIOR

Perpetual

Trustee Details

Mitcon Trusteeship Services Limited

Registrar Details

KFIN TECHNOLOGIES PRIVATE LIMITED

Plot No. 17-24, Vittal rao Nagar,, Madhapur,, Hyderabad - 500 081

Looking For More Information ?

Download Prospectus

Taxation

10%

TDS on Interest Income*

*Given TDS is indicative and fully claimable while filing ITR. The interest income from this bond will be taxable and will appear in the additional source of income in your ITR. Please consult your tax advisor for precise taxation details
As a listed bond, it is subject to capital gains tax based on the holding period. A holding period of less than 1 year qualifies as short-term, while more than 1 year qualifies as long-term.
You can submit your Form 15G/15H to the registrar and debenture trustee of the bond to avoid the TDS deduction. Download Form

Registrar details: KFIN TECHNOLOGIES PRIVATE LIMITED Plot No. 17-24, Vittal rao Nagar,, Madhapur,, Hyderabad - 500 081

Unit

Investment Amount

₹ 1,00,219.8

Total Returns

₹ 15,562.54

Total Receivable

₹ 1,15,782.34

Cashflow Timeline

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FAQs about FINNABLE CREDIT PRIVATE LIMITED bonds

How to buy this FINNABLE CREDIT PRIVATE LIMITED bond online?

You can invest in bonds online in under 5 minutes. To buy FINNABLE CREDIT PRIVATE LIMITED bond online follow the steps below:

Login/signup at GoldenPi
Upload your documents online to complete the KYC
Pay online via payment gateway and receive bond units in your demat account

What is the yield of this FINNABLE CREDIT PRIVATE LIMITED bond?

12.3438% is the current yield of this FINNABLE CREDIT PRIVATE LIMITED bond. A bond’s current yield indicates the annual return based on its current market price and annual coupon payment.
In addition to current yield, the yield to maturity (YTM) of this FINNABLE CREDIT PRIVATE LIMITED bond is 12.3438%, which indicates the total expected return if the bond is held till the maturity date. It is calculated using the XIRR method considering current price, face value, coupon payments, and time to maturity.

Is it safe to invest in bonds?

Investing in bonds is relatively a safer option but it depends on factors like:

The creditworthiness of the issuer indicated by the credit rating
The debt quality of the bond indicated by its seniority and security
Your investment goals and risk appetite

If you are an existing bond investor and want to sell your bond holdings before maturity, you can do so through the secondary market. This can be done either through exchanges such as BSE or NSE, or you can also request a quote from your relationship manager at GoldenPi.

How to redeem this FINNABLE CREDIT PRIVATE LIMITED bond?

To redeem this FINNABLE CREDIT PRIVATE LIMITED bond, bond, kindly first check its redemption value and redemption schedule. This can be found by downloading the cash flow from the “Calculate Your Returns” section of this page or by contacting the support team at GoldenPi.
Once you buy this bond, the units would be reflected in your demat account.
Upon maturity, the bond units held in your demat account will be automatically debited on the maturity date, and if the maturity date falls on a bank holiday, the redemption amount will be paid out on the next working day.
The funds will be credited to the bank account linked to your demat account. The process of redeeming this FINNABLE CREDIT PRIVATE LIMITED bond is generally simple and straightforward. Contact our support team for more information.

Is this FINNABLE CREDIT PRIVATE LIMITED bond tax-free?

No, this FINNABLE CREDIT PRIVATE LIMITED bond is not tax free. The interest income received from these bonds will be treated as “income from other sources” in the ITR and the tax will be calculated as per your income tax slab.

To know more about taxation in detail please read this article: https://goldenpi.com/blogessentials/bond-market/taxation-on-gains-from-bond-investments/

Can I sell this FINNABLE CREDIT PRIVATE LIMITED bond before the maturity date?

Yes, it is possible to sell this FINNABLE CREDIT PRIVATE LIMITED bond before maturity. However, as the sale process happens in the secondary market, the price can be determined by a variety of factors, including interest rates, credit ratings, company performance, and market demand.

To know more about the sale process, contact us at https://goldenpi.com/contact-us

Need Help?

Talk to our Support Team for free. We will help you through your investment journey.

Note to Investors

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Investments in debt securities/municipal debt securities/securitized debt instruments are subject to risks including delay and/or default in payment. Read all the offer-related documents carefully.
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The information shown on the website should not be construed as financial advice or as an offer or recommendation to buy or sell any security or any products/services of GSPL or any product/services of its third-party client(s). The user should act and rely on the information/data shown on the website only after understanding all associated risk parameters. Any action/decision taken by the user on the basis of the information shown on this website shall be the sole responsibility of the user. Neither GSPL nor its directors, employees, associates, representatives, or agents shall be liable for any damages whether direct, indirect, special, or consequential including lost revenue or lost profits that may arise to the user from or in connection with the use of the information/data shown on this website.

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Cashflow Timeline

Timeline

Total Receivable*

Net Receivable**

2026

₹ 49,367.05

₹ 48,430.35

11 Feb	Interest ₹ 1,040.41	Interest ₹ 936.37
11 Mar (Part Maturity)	Interest ₹ 939.73 + ₹ 10,000 (10% of Principal)	Interest ₹ 845.76 + ₹ 10,000 (10% of Principal)
11 Apr	Interest ₹ 936.37	Interest ₹ 842.73
11 May	Interest ₹ 906.16	Interest ₹ 815.54
11 Jun (Part Maturity)	Interest ₹ 936.37 + ₹ 10,000 (10% of Principal)	Interest ₹ 842.73 + ₹ 10,000 (10% of Principal)
11 Jul	Interest ₹ 805.48	Interest ₹ 724.93
11 Aug	Interest ₹ 832.33	Interest ₹ 749.1
11 Sep (Part Maturity)	Interest ₹ 832.33 + ₹ 10,000 (10% of Principal)	Interest ₹ 749.1 + ₹ 10,000 (10% of Principal)
11 Oct	Interest ₹ 704.79	Interest ₹ 634.31
11 Nov	Interest ₹ 728.29	Interest ₹ 655.46
11 Dec (Part Maturity)	Interest ₹ 704.79 + ₹ 10,000 (10% of Principal)	Interest ₹ 634.31 + ₹ 10,000 (10% of Principal)

2027

₹ 45,497.38

₹ 44,947.64

2028

₹ 20,917.91

₹ 20,826.12

* The interest amount is paid as per total invested face value (₹ 100000) and annual coupon rate of 12.25%. When the bond enters the staggered maturity cycle, it will be calculated based on the outstanding face value.

** The net interest receivable is after 10% TDS for Indian Residents. However for NRI 30% TDS is deducted. The deducted TDS can be claimed while filing ITR.

Highlights

Company Financials

Ratio Analysis

About Issuer