Income, on a schedule.
A bond is a loan you make to a company or government. It pays a fixed coupon on fixed dates and returns your principal at maturity. You know the timetable on day one.
Executed through OBPP partner name, a SEBI-registered Online Bond Platform Provider, registration INZ000XXXXXX. We act as our capacity (e.g. Authorised Person).
Fixed income, chosen deliberately.
Every bond on our shelf is listed, rated and held in your own demat account.
Corporate bonds & NCDs
Issued by companies. Higher coupons, carrying the issuer's credit risk. We show the rating before anything else.
PSU & tax-free bonds
Issued by public-sector undertakings. Tax-free bonds trade on the secondary market; coupons are exempt.
G-Secs & T-bills
Issued by the Government of India. Sovereign credit. Still subject to interest-rate movement before maturity.
Bond ladders
Several bonds maturing on dates you name: a school fee, a down payment, retirement income.
Five numbers that tell the story.
| Term | What it tells you |
|---|---|
| Coupon | The interest rate on face value, paid on fixed dates. |
| Yield to maturity | Your actual annual return if you buy at today's price and hold to maturity, assuming every payment arrives. |
| Credit rating | An agency's view of the issuer's ability to pay. AAA is strongest. Ratings change. |
| Maturity | The date your principal comes back. Sell earlier and you take the market price on that day. |
| Security & seniority | Whether assets back the bond, and where you rank in line if the issuer fails. |
Fixed income is not risk-free.
- Credit risk. The issuer can delay or default on coupons or principal.
- Interest-rate risk. When rates rise, bond prices fall. It matters if you sell before maturity.
- Liquidity risk. Many bonds trade thinly. Selling early can mean a lower price, or a wait.
- Reinvestment risk. Coupons you reinvest may earn less than the original bond.
- Tax. Coupons are generally taxed as income at your slab rate, except on tax-free bonds.
Your demat. Your bank. Your name.
You open an account on our partner's SEBI-registered platform, linked to your own demat and bank account. We help you shortlist. You approve the order. Settlement runs through the exchange's clearing corporation.
Coupons and principal go straight to your bank. Bonds sit in your demat. We never handle either.
Straight answers.
What's the minimum?
Can I sell before maturity?
Is a bond safer than a mutual fund?
Why don't you hold the bonds yourselves?
Lock in a date.
Tell us when you need the money. We show you what matures then.