Union Bank of India has confirmed the timely payment of annual interest for its bonds. The total interest amount paid was ₹89,30,00,000/-. This payment was made on November 09, 2026, fulfilling the issuer’s obligation as per the record date of October 24, 2026. The company has also confirmed that applicable TDS has been deducted.
Timely Bond Interest Payment Confirmed
Union Bank of India has officially announced the timely disbursement of annual interest on its bonds. The payment, amounting to a significant ₹89,30,00,000/-, was successfully processed on November 09, 2026. This confirms the bank’s adherence to its financial commitments to bondholders.
Payment Details and Record Date
The interest payment was made in accordance with the mandate provided by investors and the beneficiary position of the relevant record date, which was set as October 24, 2026. The due date for this interest payment was originally November 08, 2026. However, due to the date falling on a non-business day, the payment was expedited to the subsequent business day, November 09, 2026. This ensures that investors receive their payments without undue delay.
Bond Information
The bond in question has the ISIN INE112A08051 and was issued with a size of Rs. 1000 Crores. The payment frequency for this bond is Yearly. The last interest payment prior to this was made on November 10, 2025.
Regulatory Compliance
This information is being furnished as part of the bank’s compliance with reporting requirements. Applicable Tax Deducted at Source (TDS) has been deducted on the interest payment. The bank has affirmed that there were no reasons for non-payment or delay in payment beyond the standard operational adjustments for non-business days.
Source: BSE
