{"id":11264,"date":"2026-01-03T07:36:14","date_gmt":"2026-01-03T07:36:14","guid":{"rendered":"https:\/\/goldenpi.com\/blog\/?p=11264"},"modified":"2026-04-15T07:00:20","modified_gmt":"2026-04-15T07:00:20","slug":"what-are-the-steps-involved-in-purchasing-nbfc-bonds","status":"publish","type":"post","link":"https:\/\/goldenpi.com\/blog\/bond-news\/what-are-the-steps-involved-in-purchasing-nbfc-bonds\/","title":{"rendered":"What are the Steps Involved in Purchasing NBFC Bonds?"},"content":{"rendered":"<p><span style=\"font-weight: 400;\">NBFC bonds are debt instruments issued by Non-Banking Financial Companies to raise funds. Generally, they carry a lower risk than equity shares but a higher risk than FDs.\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400;\">This makes them suitable for \u201cmoderate-risk investors\u201d who are looking for better returns without full equity exposure. So, are you looking to invest? <\/span><span style=\"font-weight: 400;\">Purchasing NBFC bonds<\/span><span style=\"font-weight: 400;\"> in India involves selecting a bond platform (such as GoldenPi), completing basic KYC verification, and finally placing your order.\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Read this article to learn in detail <\/span><span style=\"font-weight: 400;\">how to invest in NBFC bonds<\/span><span style=\"font-weight: 400;\"> in 2026.<\/span><\/p>\n<div id=\"ez-toc-container\" class=\"ez-toc-v2_0_79_2 counter-hierarchy ez-toc-counter ez-toc-grey ez-toc-container-direction\">\n<div class=\"ez-toc-title-container\">\n<p class=\"ez-toc-title\" style=\"cursor:inherit\">Table of Contents<\/p>\n<span class=\"ez-toc-title-toggle\"><a href=\"#\" class=\"ez-toc-pull-right ez-toc-btn ez-toc-btn-xs ez-toc-btn-default ez-toc-toggle\" aria-label=\"Toggle Table of Content\"><span class=\"ez-toc-js-icon-con\"><span class=\"\"><span class=\"eztoc-hide\" style=\"display:none;\">Toggle<\/span><span class=\"ez-toc-icon-toggle-span\"><svg style=\"fill: #999;color:#999\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" class=\"list-377408\" width=\"20px\" height=\"20px\" viewBox=\"0 0 24 24\" fill=\"none\"><path d=\"M6 6H4v2h2V6zm14 0H8v2h12V6zM4 11h2v2H4v-2zm16 0H8v2h12v-2zM4 16h2v2H4v-2zm16 0H8v2h12v-2z\" fill=\"currentColor\"><\/path><\/svg><svg style=\"fill: #999;color:#999\" class=\"arrow-unsorted-368013\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" width=\"10px\" height=\"10px\" viewBox=\"0 0 24 24\" version=\"1.2\" baseProfile=\"tiny\"><path d=\"M18.2 9.3l-6.2-6.3-6.2 6.3c-.2.2-.3.4-.3.7s.1.5.3.7c.2.2.4.3.7.3h11c.3 0 .5-.1.7-.3.2-.2.3-.5.3-.7s-.1-.5-.3-.7zM5.8 14.7l6.2 6.3 6.2-6.3c.2-.2.3-.5.3-.7s-.1-.5-.3-.7c-.2-.2-.4-.3-.7-.3h-11c-.3 0-.5.1-.7.3-.2.2-.3.5-.3.7s.1.5.3.7z\"\/><\/svg><\/span><\/span><\/span><\/a><\/span><\/div>\n<nav><ul class='ez-toc-list ez-toc-list-level-1 ' ><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-1\" href=\"https:\/\/goldenpi.com\/blog\/bond-news\/what-are-the-steps-involved-in-purchasing-nbfc-bonds\/#Prerequisites_to_Invest_in_NBFC_Bonds\" >Prerequisites to Invest in NBFC Bonds<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-2\" href=\"https:\/\/goldenpi.com\/blog\/bond-news\/what-are-the-steps-involved-in-purchasing-nbfc-bonds\/#How_to_Invest_in_NBFC_Bonds\" >How to Invest in NBFC Bonds?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-3\" href=\"https:\/\/goldenpi.com\/blog\/bond-news\/what-are-the-steps-involved-in-purchasing-nbfc-bonds\/#Purchasing_NBFC_Bonds_in_India_Step-by-Step_Guide_2026\" >Purchasing NBFC Bonds in India: Step-by-Step Guide 2026<\/a><ul class='ez-toc-list-level-3' ><li class='ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-4\" href=\"https:\/\/goldenpi.com\/blog\/bond-news\/what-are-the-steps-involved-in-purchasing-nbfc-bonds\/#Step_1_Choose_an_Investment_Platform\" >Step 1: Choose an Investment Platform<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-5\" href=\"https:\/\/goldenpi.com\/blog\/bond-news\/what-are-the-steps-involved-in-purchasing-nbfc-bonds\/#Step_2_Review_Available_NBFC_bonds\" >Step 2: Review Available NBFC bonds<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-6\" href=\"https:\/\/goldenpi.com\/blog\/bond-news\/what-are-the-steps-involved-in-purchasing-nbfc-bonds\/#Step_3_Place_Your_Investment_Order\" >Step 3: Place Your Investment Order<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-7\" href=\"https:\/\/goldenpi.com\/blog\/bond-news\/what-are-the-steps-involved-in-purchasing-nbfc-bonds\/#Step_4_Make_the_Payment\" >Step 4: Make the Payment<\/a><\/li><\/ul><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-8\" href=\"https:\/\/goldenpi.com\/blog\/bond-news\/what-are-the-steps-involved-in-purchasing-nbfc-bonds\/#In_Summary_Purchasing_NBFC_Bonds_Involve_Opening_a_Demat_Trading_Account_and_Registering_on_BrokerBond_Platforms\" >In Summary, Purchasing NBFC Bonds Involve Opening a Demat + Trading Account and Registering on Broker\/Bond Platforms<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-9\" href=\"https:\/\/goldenpi.com\/blog\/bond-news\/what-are-the-steps-involved-in-purchasing-nbfc-bonds\/#Purchasing_NBFC_Bonds_FAQs\" >Purchasing NBFC Bonds FAQs<\/a><ul class='ez-toc-list-level-3' ><li class='ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-10\" href=\"https:\/\/goldenpi.com\/blog\/bond-news\/what-are-the-steps-involved-in-purchasing-nbfc-bonds\/#Will_I_receive_interest_income_in_my_Demat_account\" >Will I receive interest income in my Demat account?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-11\" href=\"https:\/\/goldenpi.com\/blog\/bond-news\/what-are-the-steps-involved-in-purchasing-nbfc-bonds\/#Do_I_need_a_Demat_account_to_apply_for_an_NCD_IPO\" >Do I need a Demat account to apply for an NCD IPO?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-12\" href=\"https:\/\/goldenpi.com\/blog\/bond-news\/what-are-the-steps-involved-in-purchasing-nbfc-bonds\/#Do_I_need_a_trading_account_while_purchasing_NBFC_bonds_on_OBPP\" >Do I need a trading account while purchasing NBFC bonds on OBPP?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-13\" href=\"https:\/\/goldenpi.com\/blog\/bond-news\/what-are-the-steps-involved-in-purchasing-nbfc-bonds\/#How_to_link_your_demat_account_with_GoldenPi\" >How to link your demat account with GoldenPi?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-14\" href=\"https:\/\/goldenpi.com\/blog\/bond-news\/what-are-the-steps-involved-in-purchasing-nbfc-bonds\/#What_documents_are_required_for_purchasing_NBFC_bonds_Resident_Indians\" >What documents are required for purchasing NBFC bonds (Resident Indians)?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-15\" href=\"https:\/\/goldenpi.com\/blog\/bond-news\/what-are-the-steps-involved-in-purchasing-nbfc-bonds\/#Which_documents_are_required_for_KYC_for_NRI_bond_investors\" >Which documents are required for KYC for NRI bond investors?<\/a><\/li><\/ul><\/li><\/ul><\/nav><\/div>\n<h2><span class=\"ez-toc-section\" id=\"Prerequisites_to_Invest_in_NBFC_Bonds\"><\/span><span style=\"font-weight: 400;\">Prerequisites to Invest in NBFC Bonds<\/span><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p><span style=\"font-weight: 400;\">Before <\/span><span style=\"font-weight: 400;\">purchasing NBFC bonds<\/span><span style=\"font-weight: 400;\">, you need these two basic accounts:<\/span><\/p>\n<div class=\"pcrstb-wrap\"><table>\n<tbody>\n<tr>\n<td><span style=\"font-weight: 400;\">Requirement<\/span><\/td>\n<td><span style=\"font-weight: 400;\">Meaning<\/span><\/td>\n<\/tr>\n<tr>\n<td><a href=\"https:\/\/goldenpi.com\/blog\/investment-guide\/strategy\/what-is-a-demat-account\/\"><span style=\"font-weight: 400;\">Demat Account<\/span><\/a><\/td>\n<td>\n<ul>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">A Demat (dematerialised) account is a \u201cdigital account\u201d that holds your various securities in electronic form, such as:<\/span>\n<ul>\n<li style=\"font-weight: 400;\" aria-level=\"2\"><span style=\"font-weight: 400;\">Bonds<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"2\"><span style=\"font-weight: 400;\">Stocks<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"2\"><span style=\"font-weight: 400;\">Mutual funds<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"2\"><span style=\"font-weight: 400;\">ETFs\u00a0<\/span><\/li>\n<\/ul>\n<\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">It acts just like a savings account, but is used for holding investments instead of cash.<\/span><\/li>\n<\/ul>\n<\/td>\n<\/tr>\n<tr>\n<td><span style=\"font-weight: 400;\">Trading Account<\/span><\/td>\n<td>\n<ul>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">A trading account allows you to buy and sell securities on stock exchanges through a SEBI-registered broker.<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">It is required if you\u2019re <\/span><span style=\"font-weight: 400;\">purchasing NBFC bonds<\/span><span style=\"font-weight: 400;\"> listed on an exchange.<\/span><\/li>\n<\/ul>\n<\/td>\n<\/tr>\n<\/tbody>\n<\/table><\/div>\n<p><span style=\"font-weight: 400;\">Once you open a Demat account with any broker, you\u2019re assigned:<\/span><\/p>\n<ul>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">A \u201cDP ID\u201d, which is the broker\u2019s unique Depository Participant ID<\/span><\/li>\n<\/ul>\n<p><span style=\"font-weight: 400;\">and<\/span><\/p>\n<ul>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">A \u201cclient ID\u201d, which is your unique account number<\/span><\/li>\n<\/ul>\n<p><span style=\"font-weight: 400;\">Together, these two form your Demat account number. Once your Demat account is \u201cactive\u201d, you can link it to any Online Bond Platform Providers (OBPP) like GoldenPi and start investing in bonds. For more clarity, study the next section.\u00a0<\/span><\/p>\n<h2><span class=\"ez-toc-section\" id=\"How_to_Invest_in_NBFC_Bonds\"><\/span><span style=\"font-weight: 400;\">How to Invest in NBFC Bonds<\/span><span style=\"font-weight: 400;\">?<\/span><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p><span style=\"font-weight: 400;\">When investing in <a href=\"https:\/\/goldenpi.com\/blog\/bond-news\/how-to-evaluate-the-creditworthiness-of-nbfc-bonds\/\">NBFC bonds<\/a>, you can choose either of these two routes based on your preference:<\/span><\/p>\n<div class=\"pcrstb-wrap\"><table>\n<tbody>\n<tr>\n<td><span style=\"font-weight: 400;\">Primary Market<\/span><\/td>\n<td><span style=\"font-weight: 400;\">Secondary Market<\/span><\/td>\n<\/tr>\n<tr>\n<td>\n<ul>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">You invest when the NBFC issues bonds for the first time.\u00a0<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">These bonds are offered directly to investors at a pre-determined price (disclosed in the prospectus).<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Allotment happens after the issue period closes.<\/span><\/li>\n<\/ul>\n<\/td>\n<td>\n<ul>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">You buy bonds that have already been issued.<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Now, they are being traded between investors on stock exchanges.\u00a0<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Prices of such already issued bonds may depend on:<\/span>\n<ul>\n<li style=\"font-weight: 400;\" aria-level=\"2\"><span style=\"font-weight: 400;\">Coupon rates<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"2\"><span style=\"font-weight: 400;\">Demand<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"2\"><span style=\"font-weight: 400;\">The remaining maturity.<\/span><\/li>\n<\/ul>\n<\/li>\n<\/ul>\n<\/td>\n<\/tr>\n<\/tbody>\n<\/table><\/div>\n<p><span style=\"font-weight: 400;\">Note that both routes give you access to regular interest income and capital repayment on maturity. The choice depends on whether you want to participate at the time of issuance or buy an existing bond from the market.<\/span><\/p>\n<h2><span class=\"ez-toc-section\" id=\"Purchasing_NBFC_Bonds_in_India_Step-by-Step_Guide_2026\"><\/span><span style=\"font-weight: 400;\">Purchasing NBFC Bonds<\/span><span style=\"font-weight: 400;\"> in India: Step-by-Step Guide 2026<\/span><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p><span style=\"font-weight: 400;\">Now, once your Demat and trading accounts are in place, and you have decided whether to invest through the primary or secondary market, you can follow the steps below to <\/span><span style=\"font-weight: 400;\">purchase NBFC bonds<\/span><span style=\"font-weight: 400;\">:<\/span><\/p>\n<h3><span class=\"ez-toc-section\" id=\"Step_1_Choose_an_Investment_Platform\"><\/span><span style=\"font-weight: 400;\">Step 1: Choose an Investment Platform<\/span><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><span style=\"font-weight: 400;\">You can invest through a dedicated bond platform such as GoldenPi or through a stockbroker (like Zerodha, Angel One) that provides access to BSE and NSE. All you have to do is:<\/span><\/p>\n<ul>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Create an account<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Complete the basic KYC process<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Link your Demat account<\/span><\/li>\n<\/ul>\n<h3><span class=\"ez-toc-section\" id=\"Step_2_Review_Available_NBFC_bonds\"><\/span><span style=\"font-weight: 400;\">Step 2: Review Available NBFC bonds<\/span><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><span style=\"font-weight: 400;\">Browse the list of \u201cNCD IPOs\u201d and \u201calready-issued NBFC bonds\u201d available on the platform. You can filter options based on:<\/span><\/p>\n<ul>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Credit rating<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Interest rate (yield)<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Maturity period<\/span><\/li>\n<\/ul>\n<p><span style=\"font-weight: 400;\">Also, review additional details such as:<\/span><\/p>\n<ul>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Interest payout frequency (monthly or quarterly)<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Type of bond (secured or unsecured)<\/span><\/li>\n<\/ul>\n<p><span style=\"font-weight: 400;\">This knowledge allows you to match the bond with your risk level and income needs.<\/span><\/p>\n<h3><span class=\"ez-toc-section\" id=\"Step_3_Place_Your_Investment_Order\"><\/span><span style=\"font-weight: 400;\">Step 3: Place Your Investment Order<\/span><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><span style=\"font-weight: 400;\">Once you select a bond, place your order. You may invest in:<\/span><\/p>\n<ul>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Primary issues (newly issued bonds)<\/span><\/li>\n<\/ul>\n<p><span style=\"font-weight: 400;\">or<\/span><\/p>\n<ul>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Secondary market bonds (already issued bonds being traded)<\/span><\/li>\n<\/ul>\n<p><span style=\"font-weight: 400;\">Minimum investment amounts usually start from \u20b910,000, depending on the bond.<\/span><\/p>\n<h3><span class=\"ez-toc-section\" id=\"Step_4_Make_the_Payment\"><\/span><span style=\"font-weight: 400;\">Step 4: Make the Payment<\/span><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><span style=\"font-weight: 400;\">Complete the payment using the available payment options, such as UPI or net banking. After payment, you receive an \u201callotment confirmation\u201d.\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Next, the bonds are credited to your Demat account, usually within T+1 day (one working day after the transaction). Lastly, interest payments begin as per the bond\u2019s stated schedule.<\/span><\/p>\n<h2><span class=\"ez-toc-section\" id=\"In_Summary_Purchasing_NBFC_Bonds_Involve_Opening_a_Demat_Trading_Account_and_Registering_on_BrokerBond_Platforms\"><\/span><span style=\"font-weight: 400;\">In Summary, <\/span><span style=\"font-weight: 400;\">Purchasing NBFC Bonds <\/span><span style=\"font-weight: 400;\">Involve Opening a Demat + Trading Account and Registering on Broker\/Bond Platforms<\/span><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p><span style=\"font-weight: 400;\">Till now, you must have understood the process of <\/span><span style=\"font-weight: 400;\">purchasing NBFC bonds<\/span><span style=\"font-weight: 400;\">. If we were to recap, firstly, you need an active Demat and trading account to hold and transact in bonds electronically. Once this is in place, you can register on an online bond platform or with a stockbroker by completing the required KYC formalities.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Next, link your Demat account to the chosen platform and begin browsing available NBFC bond options. At this stage, you can compare bonds based on:<\/span><\/p>\n<ul>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Credit rating<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Interest rate<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Maturity period<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Payout structure<\/span><\/li>\n<\/ul>\n<p><span style=\"font-weight: 400;\">Finally, place your order, make the payment, and receive the bonds in your linked Demat account. If you are looking to explore multiple NBFC bond options in one place, you may <\/span><a href=\"https:\/\/goldenpi.com\/corporate-bonds\"><span style=\"font-weight: 400;\">visit the GoldenPi platform<\/span><\/a><span style=\"font-weight: 400;\">. Here you can find highly-rated bonds, short-term debt instruments, high-<a href=\"https:\/\/goldenpi.com\/blog\/essentials\/bond-market\/what-are-high-yield-bonds-2\/\">yield<\/a> bonds, and more.<\/span><\/p>\n<h2><span class=\"ez-toc-section\" id=\"Purchasing_NBFC_Bonds_FAQs\"><\/span><span style=\"font-weight: 400;\">Purchasing NBFC Bonds<\/span><span style=\"font-weight: 400;\"> FAQs<\/span><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<h3><span class=\"ez-toc-section\" id=\"Will_I_receive_interest_income_in_my_Demat_account\"><\/span><span style=\"font-weight: 400;\">Will I receive interest income in my Demat account?<\/span><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><span style=\"font-weight: 400;\">No! The Demat account is used only to hold your bonds in electronic form. Interest income and maturity proceeds are usually credited directly to your registered bank account.<\/span><\/p>\n<h3><span class=\"ez-toc-section\" id=\"Do_I_need_a_Demat_account_to_apply_for_an_NCD_IPO\"><\/span><span style=\"font-weight: 400;\">Do I need a Demat account to apply for an NCD IPO?<\/span><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><span style=\"font-weight: 400;\">Yes, a Demat account is mandatory to apply for an NCD IPO. Since NCDs are issued only in electronic form, they must be credited to a Demat account in the investor\u2019s name after allotment.<\/span><\/p>\n<h3><span class=\"ez-toc-section\" id=\"Do_I_need_a_trading_account_while_purchasing_NBFC_bonds_on_OBPP\"><\/span><span style=\"font-weight: 400;\">Do I need a trading account while purchasing NBFC bonds on OBPP?<\/span><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><span style=\"font-weight: 400;\">No. When investing through an Online Bond Platform Provider (OBPP) such as GoldenPi, a separate trading account is not required.<\/span><\/p>\n<h3><span class=\"ez-toc-section\" id=\"How_to_link_your_demat_account_with_GoldenPi\"><\/span><span style=\"font-weight: 400;\">How to link your demat account with GoldenPi?<\/span><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><span style=\"font-weight: 400;\">To link your Demat account with GoldenPi, upload any of these documents: a Demat CMR, a latest eCAS statement, or a holding statement showing your DP ID and Client ID. Next, GoldenPi verifies account ownership, the accuracy of your DP and Client ID, and matches your PAN with KYC records before linking the account.\u00a0<\/span><\/p>\n<h3><span class=\"ez-toc-section\" id=\"What_documents_are_required_for_purchasing_NBFC_bonds_Resident_Indians\"><\/span><span style=\"font-weight: 400;\">What documents are required for <\/span><span style=\"font-weight: 400;\">purchasing NBFC bonds<\/span><span style=\"font-weight: 400;\"> (Resident Indians)?<\/span><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><span style=\"font-weight: 400;\">To purchase NBFC bonds, you may need a PAN card for identity and tax verification, Aadhaar for digital KYC, bank account details (account number, IFSC, cancelled cheque) for payments and interest credits, and Demat account details (CDSL or NSDL ID) for bond allotment and holding.<\/span><\/p>\n<h3><span class=\"ez-toc-section\" id=\"Which_documents_are_required_for_KYC_for_NRI_bond_investors\"><\/span><span style=\"font-weight: 400;\">Which documents are required for KYC for NRI bond investors?<\/span><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><span style=\"font-weight: 400;\">NRI investors may be required to submit notarised copies of their passport, visa, PAN, Indian and overseas address proof, NRO bank proof, FATCA declaration, and income proof.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Disclaimer:<\/span><\/p>\n<p><span style=\"font-weight: 400;\">This information is for general information purposes only. GoldenPi makes no guarantee on the accuracy of the data provided here; the information displayed is subject to change and is provided on an as-is basis. Nothing contained herein is intended to or shall be deemed to be investment advice, implied or otherwise. Investments in the debt securities\/ municipal debt securities\/ securitised debt instruments are subject to risks, including delay and\/ or default in payment. Read all the offer-related documents carefully.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Bonds or non-convertible debentures (NCDs) are regulated by the Securities and Exchange Board of India and other government authorities. GoldenPi Securities Private Limited is a registered debt broker and acts as a distributor and not as a manufacturer of the product.<\/span><\/p>\n<p>&nbsp;<\/p>\n","protected":false},"excerpt":{"rendered":"<p>NBFC bonds are debt instruments issued by Non-Banking Financial Companies to raise funds. Generally, they carry a lower risk than equity shares&hellip;<\/p>\n","protected":false},"author":8,"featured_media":11288,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_lmt_disableupdate":"no","_lmt_disable":"","footnotes":""},"categories":[25],"tags":[18,37,45,52,62,64],"class_list":["post-11264","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-bond-news","tag-bonds","tag-bond-investment","tag-bond-market","tag-bond-history","tag-bonds-and-debentures","tag-corporate-bonds"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v26.6 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>How to Invest in NBFC bonds in India | Step-by-Step Explanation 2026<\/title>\n<meta name=\"description\" content=\"Learn how to purchase NBFC bonds in India by following some simple steps. 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