Jio Credit Limited

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Returns

8.2%

Min. Investment

₹ 1,02,577.68

Remaining Tenure

4Y 7M 29Days

Payment Terms

Yearly

Highlights

Credit Rating

CARE AAA

Seniority

SENIOR

Security

Secured

Default History

Zero

Issue Size

₹1,500 Cr

Security Cover

1.0x

Company Financials

PAT

AUM

Net Worth

Cash & Cash Eq.

Important disclaimer

Ratio Analysis

0.02

Net NPA

Good

Benchmark: Maximum: 4

0.03

Gross NPA

Good

Benchmark: Maximum: 5

25.91

Capital Adequacy Ratio

Good

Benchmark: Minimum: 15

3.04

Debt to Equity Ratio

Good

Benchmark: Maximum: 6

Important disclaimer

About Issuer

Jio Credit Limited (“JCL”), a wholly owned subsidiary of Jio Financial Services Limited (“JFS”), is a CRISIL AAA rated, non-deposit-taking, systematically important NBFC. JFS was incorporated in 1999 as Reliance Strategic Investments Private Limited and was renamed Jio Financial Services Limited in July 2023. JFS has applied to the Reserve Bank of India for conversion from an NBFC to a Core Investment Company (CIC).

JCL focuses on corporate lending, consumer finance and MSME financing, offering products such as working capital loans, supply chain financing, term loans, home loans, loans against property, and loans against shares and mutual funds. The company also provides vehicle and device leasing solutions to employees of large corporate entities, with a medium-term focus on building a predominantly secured lending portfolio.

JCL operates through 24 branches across 8 states and has over 1,033 employees. Its parent, JFS, has diversified interests across retail and merchant lending, payments, insurance broking and mutual funds through JioBlackRock Asset Management Company.

For FY2026, JCL reported a PAT of ~INR 224 Cr on total income of ~INR 1,496 Cr, compared with a PAT of ~INR 105 Cr on total income of ~INR 358 Cr in FY2025. Meanwhile, JFS reported a PAT of ~INR 1,561 Cr and a return on assets (RoA) of 1.2% in FY2026, compared with ~INR 1,613 Cr and 1.2%, respectively, in FY2025.

Total Annual Revenue

1,496 (FY-26)

Year of Inception

2023

Industry

NBFC Retail

Head Office

MUMBAI

Type of Issuer

Corporate

Current MD/CEO

Mr. Kusal Roy

Credit Rating / Outlook

AAA

CARE

Rating Rationale

Rating Date: 24-Aug-2026

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 AAA credit rating are considered to have the highest degree of safety regarding timely servicing of debt obligations. Such Bonds/NCDs carry lowest credit risk.

Other Important Details & Disclosures

Issuer Name

Jio Credit Limited

Security Name

8.15% Jio Credit Limited Secured Rated Listed NCD Maturity 16-Jun-2031

ISIN

Copy

INE282H07067

Face Value

₹ 1,00,000

Issued FV

₹ 1,00,000

Coupon Rate

8.15%

Coupon Type

FIXED

Payment Terms

Yearly

Maturity Date

16-Jun-2031

Clean Price

₹ 99.72

Dirty Price

₹ 102.58

Current Yield

8.1729%

Yield to Maturity

8.2%

Mode of Issue

Private Placement

Date of Issue

16-Jun-2026

Listed

Yes

Instrument Type

Taxable

Security

Secured

Seniority

SENIOR

Perpetual

Trustee Details

AXIS TRUSTEE SERVICES LIMITED

THE RUBY, 2ND FLOOR, SW, 29, SENAPATI BAPAT MARG, DADAR (WEST), MUMBAI - 400 028

Registrar Details

KFIN TECHNOLOGIES LIMITED (FORMERLY KNOWN AS KFIN TECHNOLOGIES PRIVATE LIMITED)

SELENIUM, TOWER B, PLOT NO- 31 & 32, FINANCIAL DISTRICT, NANAKRAMGUDA, SERILI, NGAMPALLY, RANGAREDDI, HYDERABAD, TELANGANA, INDIA, 500032

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 121 to the registrar and debenture trustee of the bond to avoid the TDS deduction. Download Form

Registrar details: KFIN TECHNOLOGIES LIMITED (FORMERLY KNOWN AS KFIN TECHNOLOGIES PRIVATE LIMITED) SELENIUM, TOWER B, PLOT NO- 31 & 32, FINANCIAL DISTRICT, NANAKRAMGUDA, SERILI, NGAMPALLY, RANGAREDDI, HYDERABAD, TELANGANA, INDIA, 500032

Unit

Investment Amount

₹ 1,02,577.68

Total Returns

₹ 38,172.32

Total Receivable

₹ 1,40,750

Cashflow Timeline

Similar Bonds

FAQs about Jio Credit bonds

How to buy this Jio Credit bond online?

You can invest in bonds online in under 5 minutes. To buy Jio Credit 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 Jio Credit bond?

8.2% is the current yield of this Jio Credit 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 Jio Credit bond is 8.2%, 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 Jio Credit bond?

To redeem this Jio Credit 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 Jio Credit bond is generally simple and straightforward. Contact our support team for more information.

Is this Jio Credit bond tax-free?

No, this Jio Credit 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 Jio Credit bond before the maturity date?

Yes, it is possible to sell this Jio Credit 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

GoldenPi Securities Pvt. Ltd. (“GSPL”) is a wholly owned subsidiary of GoldenPi Technologies Pvt. Ltd. (“GTPL”) and is a SEBI registered broker under BSE new debt segment allowing investors to trade in secondary bonds & debentures through exchange.

Fixed returns do not constitute guaranteed or assured returns. Investments in corporate debt securities, municipal debt securities/securitised debt instruments are subject to credit risks, market risks and default risks including delay and/or default in payment. Read all the offer related documents carefully.
Investors can update their email id and mobile number with their stock broker / depository participant and receive OTP directly from the depository on email id and/or mobile number to create a pledge. Investors can check their securities / MF / bonds in the consolidated account statement issued by NSDL/CDSL every month.

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We understand that certain investment advisors may be approaching members of the public including our clients, representing that they are our partners, or representing that their investment advice is based on our research. Please note that we have not engaged any third parties to render any investment advisory services on our behalf nor are we providing any stock recommendations/tips/research report/advisory. Persons making investments on the basis of such advice may lose all or a part of their investments along with the fee paid to such unscrupulous persons. Please be cautious about any phone call that you may receive from persons representing to be such investment advisors, or a part of research firm offering advice on securities. Do not make payments through e-mail links, WhatsApp or SMS. Please do not share your personal or financial information with any person without proper verification. Always trade through a registered broker.

We collect, retain, and use your contact information for legitimate business purposes only, to contact you and to provide you information & latest updates regarding our products & services.

Fixed Deposits are offered in the capacity of a distributor and all disputes with respect to distribution activity, would not have access to exchange investor redressal forum or arbitration mechanism.

Attention Investors - Check your securities / MF / bonds in the consolidated account statement issued by NSDL/CDSL every month. Issued in the interest of Investors

Filling complaints on SMARTODR & SCORES - Easy & Quick

a. Register on the portal | b. Mandatory details for register and filing complaints - Name, PAN, Address, Mobile Number, E-mail ID | c. Benefits: i. Effective Communication ii. Speedy redressal of the grievances | d. Complaints against the companies shall be subject to the SMARTODR/SCORES guidelines

Risk Disclosure & Regulatory Information

Fixed returns do not mean guaranteed or assured returns. Investments in corporate debt securities, municipal debt securities, and securitised debt instruments carry credit risk, market risk, and default risk, including delay or default in payment. Please read all offer-related documents carefully before you invest.

The online bond platform goldenpi.com is owned by GoldenPi Securities Pvt Ltd (GSPL), an OBPP and debt broker registered with SEBI. GSPL is a wholly owned subsidiary of GoldenPi Technologies Pvt Ltd (GTPL).

SEBI Registration No.: INZ000310732 | BSE Member ID: 6809 | NSE Member ID: 90331

Compliance Officer: Kunal Sharma, Tel. No.: 080-45685666, Email ID: grievance-gspl@goldenpi.com (for any compliance & grievance related complaints)

Key Managerial Personnel:
Abhijit Roy - Designated Director & CEO, Samir Baran Pratihar - Designated Director & CTO
Tel. No.: 080-45685666 | Email: contact-us@goldenpi.com

Cashflow Timeline

Timeline	Total Receivable*	Net Receivable**
16 Jun , 2027	Interest ₹ 8,150	Interest ₹ 7,335
16 Jun , 2028	Interest ₹ 8,150	Interest ₹ 7,335
16 Jun , 2029	Interest ₹ 8,150	Interest ₹ 7,335
16 Jun , 2030	Interest ₹ 8,150	Interest ₹ 7,335
16 Jun , 2031	Interest + Principal ₹ 1,08,150 (Interest + 100% of Principal)	Interest + Principal ₹ 1,07,335 (Interest + 100% of Principal)

* The interest amount is paid as per total invested face value (₹ 100000) and annual coupon rate of 8.15%.

** 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.