Indian Bank has confirmed the successful payment of interest on its Tier 2 Bonds Series III (ISIN INE428A08051) as of January 27, 2026. The interest amount paid is ₹81,50,00,000/- on an issue size of ₹1000 Crore. The interest payment frequency is annually.
Interest Payment Confirmation
Indian Bank confirms the payment of interest for its Tier 2 Bonds Series III (ISIN: INE428A08051) due on January 27, 2026.
Key Details of the Interest Payment
The following details pertain to the interest payment:
ISIN: INE428A08051
Issue Size: ₹1000 Crore
Interest Amount Paid: ₹81,50,00,000/-
Payment Frequency: Annually
Interest Payment Record Date: 12.01.2026
Due Date for Interest Payment: 27.01.2026
Actual Date for Interest Payment: 27.01.2026
Note on Payment Date
The original due date for interest payment was January 25, 2026, which fell on a Sunday (holiday), and January 26, 2026, being a Public Holiday. Consequently, the payment was processed on the succeeding business day, January 27, 2026, as per the offer document’s terms.
Source: BSE
