Canara Bank has successfully completed its annual interest payment of ₹159.8 crore (Rupees One Hundred and Fifty-Nine Crore Eighty Lakh Only) for its Non-Convertible, Taxable, Perpetual, Subordinated, Fully Paid UP, Unsecured Basel III Compliant Additional Tier I Bond. The payment was made on the due date, September 15, 2026, via RTGS/NEFT/IBA/DD mode to the bondholders. This reaffirms the bank’s commitment to timely financial obligations.
Annual Interest Payment Confirmed
Canara Bank announced today, September 15, 2026, that it has made its annual interest payment for its Basel III Compliant Additional Tier I Bond. The total amount disbursed was ₹159,80,00,000/- (Rupees One Hundred and Fifty-Nine Crore Eighty Lakh Only).
Bond Details and Payment Confirmation
The bond in question bears the ISIN INE476A08183 and represents a significant financial instrument for the bank. The interest payment was made in full and on time, adhering to the terms of the issue. The payment was facilitated through the RTGS/NEFT/IBA/DD mode, ensuring direct credit to the bondholders’ bank accounts. The record date for this payment was August 31, 2026, with the actual payment date being September 15, 2026.
Financial Commitment
This timely payment underscores Canara Bank’s sound financial management and its commitment to meeting its debt servicing obligations. The issue size of the bond was Rs. 20,00,00,000/-, with the interest amount paid being Rs. 159,80,00,000/-. The frequency of payment for this bond is annual.
Source: BSE
