How do I buy NCDs/Bonds/Tax free bonds on Kite?
Non-Convertible Debentures (NCDs)/Bonds/ Tax-free bonds are debt instruments that can be bought from your trading account from the secondary market similar to how you buy and sell shares. They are listed in the N series, that is N1 to N9 and NA to NZ.
In Kite, you can type in the name of the company and the list of debentures listed under it will load up on the universal search box.
For example, if you're looking for the bonds of DHFL, just type it in the universal search box and the list of all the Bonds of DHFL will show up. You can add them to your watchlist and purchase it.
You can find information regarding the bonds (like maturity, coupon rate, bond type etc.) on the NSE website, by searching the company and selecting the series and then clicking on 'securities information'
Note: The debt instruments(NCDs/Bonds/Tax-free bonds can be traded with Zerodha on the secondary market(NSE). Fresh issues(NFOs) can only be applied from an ASBA supported Bank. Read this article to know more about how to apply through ASBA