Learn · Piece 5
How to Actually Buy a Bond in India
There are two real routes. One is free and run by the government. The other is a licensed private platform. Both are valid.
Route 1 · Free, government-run
RBI Retail Direct
Buy directly, with no middleman and no commission to anyone, including us.
- 1Open the website and choose to register — this is the government's own portal, and it is free to use.
- 2Fill in your , -linked mobile number, email and bank account details.
- 3Complete the check online; you may need to verify your details over a short video or OTP process.
- 4Once approved, you get a (RDG) account in your own name.
- 5Browse the available — treasury bills, , state development loans and sovereign gold bonds when on offer.
- 6Place a bid in a scheduled auction, or buy from the secondary market window; the securities are held in your own RDG account.
Route 2 · SEBI-registered OBPP platforms
Online bond platforms
Platforms such as GoldenPi, Wint Wealth, IndiaBonds, Jiraaf are examples of licensed online bond platform providers. We do not rank them and have no partnership or commission agreement with any of them.
- 1Pick a platform that is registered with as an , and check its registration number.
- 2Create an account with your PAN, address proof and bank details.
- 3Complete KYC — usually a quick online process if your PAN and Aadhaar are already linked.
- 4Link or open a , since corporate bonds are held there in electronic form.
- 5Browse the listed bonds: look at who is borrowing, the , the coupon, the and the minimum amount.
- 6Place your order and pay from your own bank account; the bond is credited to your demat account, usually within a couple of working days.
IndiBond does not currently have any partnership or commission agreement with any bond platform. Any platform named on this page is mentioned for illustration only, so you can see what this step of the process looks like.
Read exactly how IndiBond earns →A quick word on IndiBond's role
IndiBond is an education platform. IndiBond is not a licensed broker. IndiBond is not registered with SEBI as a broking or bond platform. We do not hold your money or your bonds. We explain how bonds work, and point you to licensed options. The RBI portal and the OBPP platforms named above are the licensed, official entities.
This article is for general education only. It does not tell you what to buy or which platform to use. Every person's money situation is different — please think about your own needs, or talk to a licensed adviser, before investing.
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1. What do you get once your RBI Retail Direct registration is approved?
2. What does OBPP stand for?
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