GoldenPi: Buy Bonds, Debentures & Other Fixed Income Assets
Frequently Asked Questions
How will I receive the interest payment?
For offline-flow bond purchases, your interest payments are credited automatically to the bank account linked with your demat account, matching the exact process used for online transactions.
How it works
Even though the bond purchase is executed offline, the security itself is held electronically in your demat account. On each scheduled coupon date, the depository (NSDL or CDSL) provides your verified bank details to the issuer's registrar. The registrar then directly processes and transfers the interest payment via electronic clearing, requiring no manual intervention or claim forms from you.
How it works
Even though the bond purchase is executed offline, the security itself is held electronically in your demat account. On each scheduled coupon date, the depository (NSDL or CDSL) provides your verified bank details to the issuer's registrar. The registrar then directly processes and transfers the interest payment via electronic clearing, requiring no manual intervention or claim forms from you.
Takes less than 5 min
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