PNB Housing Finance Allots Rs 375 Crore NCDs at 7.5343% Interest Rate

New Delhi, January 13, 2026: PNB Housing Finance Limited (PNB Housing) has announced the allotment of 37,500 Listed, Secured, Rated, Taxable, Redeemable Non-Convertible Debentures (NCDs) of face value Rs 1,00,000 each, aggregating to Rs 375 crore. The allotment was made through private placement via the Electronic Book Provider (EBP) platform of the National Stock Exchange of India (NSE).

The NCDs, carrying a coupon rate of 7.5343%, have a tenure of five years, maturing on January 13, 2031. Interest on the debentures will be paid annually on January 13 of each year, starting January 13, 2027, with the principal payable at maturity. The debentures are secured by an exclusive charge on the specific book debts of the company, with a minimum security coverage of one time.

PNB Housing Finance stated that no special rights or privileges are attached to the instruments. In case of default in payment of interest or principal, an additional interest of 2% per annum over the coupon rate will be payable for the defaulting period.

The allotment has been approved by the Management Committee for allotment of NCDs, as authorized by the Board of Directors. The debentures are proposed to be listed on the Wholesale Debt Market (WDM) segment of NSE.

PNB Housing Finance continues to leverage such debt instruments to strengthen its capital base and support its lending operations, ensuring robust growth while offering attractive returns to investors.