Government Bonds
Issued by the Central Government, these securities are used to finance government borrowing requirements. They include Government Securities (G-Secs) and Treasury Bills, which have different maturities and structures.
Explore fixed-income opportunities
Bond Investments to Support Your Financial Goals
Looking to diversify your investments beyond traditional savings options? Bonds can help you plan for potential income and diversify your portfolio according to your financial goals and investment horizon.
Overview
What Are Bonds?
Bonds are debt instruments through which governments, public sector organisations or companies raise money from investors. When you invest in a bond, you are lending money to the issuer under specified terms.
Depending on the bond, you may receive interest payments at regular intervals, with the principal repayable at maturity. Some bonds have different payment structures, so understanding the individual bond's terms is essential.
- Potential Regular Income
- Portfolio Diversification
- Different Investment Options
Plan Types
Explore Different Types of Bonds
Each plan type serves a different purpose. We help you understand which combination suits you.
Corporate Bonds
Companies issue bonds to raise capital for business activities and other financial requirements. Their interest rates and risk levels vary according to the issuer, bond structure and market conditions.
Public Sector Undertaking (PSU) Bonds
These bonds are issued by eligible public sector enterprises. Before investing, review the issuing organisation, credit rating, maturity and repayment terms rather than relying only on the issuer's ownership status.
Tax-Saving Bonds
Certain bonds may offer tax benefits under specific provisions of applicable law. Eligibility, holding periods and tax treatment depend on the particular product and prevailing regulations. Not all bonds provide tax benefits.
Non-Convertible Debentures (NCDs)
NCDs are debt instruments that cannot be converted into equity shares under their terms. They may offer different interest payout options and maturity periods, but investors should carefully evaluate credit risk and liquidity.
State Development Loans (SDLs)
These securities are issued by state governments to meet their borrowing requirements. Their terms, yields and market prices may vary, and they can carry interest-rate and market risks.
How It Works
Our bond process
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Discuss Your Financial Goals
Share your investment objectives, preferred time horizon and approximate investment amount.
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Explore Available Bonds
Understand the types of bonds that may fit your requirements and compare their key features.
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Review the Details
Examine the issuer, credit rating, coupon rate, yield to maturity (YTM), maturity date, liquidity and applicable terms.
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Make an Informed Decision
Assess the risks and potential returns before deciding whether a bond is appropriate for your financial situation.
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Complete the Investment Process
Follow the relevant provider's or authorised intermediary's process, including any required KYC, demat account and transaction requirements.
FAQs
Bonds questions
What is a bond?
A bond is a debt instrument through which a government body, company or other eligible issuer borrows money from investors under specified terms.
Do bonds provide fixed returns?
Some bonds offer a fixed coupon rate, but this does not mean every investment outcome is guaranteed. Returns depend on the bond's terms, purchase price, holding period and the issuer's ability to make payments.
Are bonds safer than shares?
Bonds and shares have different risk characteristics. Some bonds may have lower price volatility than equities, but bonds can still carry credit, interest-rate and liquidity risks. The level of risk depends on the specific security.
Can I receive regular income from bonds?
Some bonds pay interest monthly, quarterly, half-yearly or annually. Others have different payment structures. The payment schedule is specified in the bond's terms.
What is the difference between a coupon rate and YTM?
The coupon rate is the interest rate applied to a bond's face value. Yield to maturity estimates the annualised return based on the bond's current purchase price and expected payments, assuming the relevant conditions are met.
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