Bank of Maharashtra Pays Interest on Tier II Bonds

Bank of Maharashtra Pays Interest on Tier II Bonds

Bank of Maharashtra Pays Interest on Tier II Bonds​

Bank of Maharashtra announced today, March 23, 2026, that it has made the annual interest payment on its Basel III compliant Tier II Bonds with ISIN INE457A08084. The payment was made to bondholders on March 23, 2026.

The total interest amount paid, including TDS, was Rs. 80,00,00,000.00. The original issue size of the bonds was Rs. 100.00 crore.

Details of the interest payment are summarized below:
ParticularsDetails
ISININE457A08084
Issue SizeRs. 100.00 crore
Interest Amount to be paid on due date (including TDS)Rs. 8,00,00,000.00
FrequencyAnnually
Interest payment record date8th March, 2026
Actual date for interest payment23rd March, 2026
Amount of interest paid (including TDS)Rs. 8,00,00,000.00
Date of last interest payment24th March, 2025
The interest payment record date was March 8, 2026. Catalyst Trusteeship Limited, the Debenture Trustee for the bonds, was notified of the payment.

Source:​

 

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The information provided is for general informational purposes only and does not constitute investment advice, a recommendation, or an offer to buy or sell any securities. Readers are advised to rely on their own assessment and judgment and consult appropriate financial advisers, if required, before taking any investment-related decisions.

Editorial Note

This news article was written and created by Karthik, and published on IST.
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