Documents Required to Invest in Bonds

    pan-card pan-card

    PAN Card

    Mandatory as per SEBI regulations

    Identity-and-Address-Proof Identity-and-Address-Proof

    Address Proof

    Aadhaar Card / Passport / Voter ID / Driving Licence

    Bank-Proof Bank-Proof

    Bank Account Proof

    Cancelled cheque / Bank passbook / 6-month bank statement

    Your PAN, Address Proof, and Bank Account Proof will be seamlessly fetched through DigiLocker as a part of our account opening process.

    You also need to click a selfie for a liveliness check.

    What are Bonds?


    Bonds are fixed-income securities that let you lend money to the government, agencies, or companies for a specific period. In return, the issuer pays interest at regular intervals and returns the principal at maturity. They are generally considered safer than stocks because they offer predictable returns, making them suitable for investors seeking stability.

    Investing in bonds also helps diversify your portfolio, creating a balanced mix of assets. By including government bonds, corporate bonds, or non-convertible debentures (NCDs) in your investment strategy, you can access different opportunities and build a more robust financial future.
     

    How Do Bonds Work?


    Bonds are used when a government or a company needs money. Instead of going to a bank, they borrow from people. When you buy a bond, you are giving your money for a fixed time.

    During this time, you receive interest at regular intervals. This continues until the bond reaches its end date. Once that happens, the amount you invested is returned.

    • Terms are set at the beginning
      One has to fix the value, rate, rate of interest, and the period of the bond when the bond is declared. These usually stay the same throughout the duration.
    • Interest is paid in intervals
      The issuer makes interest payments at fixed intervals. This could be every few months or once a year, depending on the bond.
    • Amount is returned at maturity
      When the bond completes its term, the full invested amount is paid back to the investor.
    • Prices can change
      If bonds are traded, their price may go up or down depending on market conditions.

    Types of Bonds


    Bonds are not all the same. They differ based on who issues them and how they are designed. Some are linked to government borrowing, while others are connected to company funding needs.

    • Government bonds
      Issued by the government to raise money for public spending. These follow a fixed structure with a set time period and defined interest payments.
    • Corporate bonds
      These come from companies looking to raise funds. The terms, including interest and duration, are decided at the time of issue.
    • Municipal bonds
      Local bodies issue these bonds to support development work. The money is often used for projects like roads, water supply, or other civic services.
    • Zero-coupon bonds
      No regular interest is paid here. These bonds are issued at a lower price and repaid at full value when the term ends.
    • Convertible bonds
      These bonds can be turned into company shares after a certain period. The conditions for conversion are already defined at the start.

    What Our Customers Say

    Vinayak Thakur

    I prefer fixed-income investments and this app organises the bond section in a way that makes tracking straightforward.

    - Shimla

    Shweta Acharya

    The bonds section is easy to browse even if you're not deeply familiar with fixed-income products. Clear and not overwhelming.

    - Udaipur

    Tajinder Bal

    Reviewing my bond portfolio takes very little time. Everything I need maturity, returns is easy to find.

    - Amritsar

    Divyashree Rao

    Tenure, yield, issuer details.. the important information is all there and well-presented. Helps me compare options more easily.

    - Hubli

    Obaid Ansari

    I've been exploring bonds as a steadier investment option and the app makes it easy to browse what's available without feeling lost.

    - Aligarh

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