Bonds on Zerodha

Mon, 11 May 2026 00:00:00 +0000

Zerodha provides access to listed bonds and Non-Convertible Debentures (NCDs) through the debt segment of the National Stock Exchange (NSE) and the Bombay Stock Exchange (BSE). Investors can buy and sell these instruments through Kite in the same manner as equity shares, with settlement occurring in the demat account. This segment is distinct from Government Securities (G-Secs) and T-Bills, which trade through a separate RBI-managed mechanism.

Types of bonds accessible on Zerodha

Non-Convertible Debentures (NCDs)

NCDs are debt instruments issued by corporations that cannot be converted into equity shares. Listed NCDs trade on BSE and NSE’s debt segment. Examples include NCDs issued by Muthoot Finance, Shriram Transport Finance, Tata Capital, and government-backed entities such as NHAI and IRFC.

Tax-free bonds on Zerodha

Mon, 11 May 2026 00:00:00 +0000

Tax-free bonds are a category of bonds whose interest income is exempt from income tax under Section 10(15)(iv)(h) of the Income Tax Act, 1961. They are issued by government-backed entities (primarily Public Sector Undertakings) as notified by the Ministry of Finance under specific budget allocations. Zerodha does not facilitate primary issuance of tax-free bonds, but investors can buy and sell previously issued tax-free bonds in the secondary market through Kite on the National Stock Exchange (NSE) and Bombay Stock Exchange (BSE).

Bonds on WebNotes

Bonds on Zerodha

Types of bonds accessible on Zerodha

Non-Convertible Debentures (NCDs)

Tax-free bonds on Zerodha