How to Buy RBI Bonds Online?

How to Buy RBI Bonds Online?

Is it Possible to Buy RBI Bonds Online?

Yes, It is Possible to buy RBI Bonds Online. In fact, I myself have bought RBI Bonds Online. I don’t know all the possible ways to buy RBI Bonds online but Here I will discuss my own Experience of buying RBI Bonds Online.

Well, I have bought RBI Bonds online from my ICICI Bank Online Demat Account. I have used ICICIDirect.com service to buy RBI Bonds Online.

Here is a step-by-step guide to buy RBI Bonds Online -

Step:1 Go to ICICIDirect.com.

Step: 2 Login with your Login ID & Password provided by ICICI Bank. Of course, you can’t use this facility if you are not an ICICI Bank Customer.

Step: 3 Go to Fixed Deposits / Savings Option from the upper navigation bar.

Step: 4 Click on Modify Allocation & transfer money from your Savings Account to Demat Account. The Money which is in your Demat Account is the Maximum Limit you can invest in RBI Bonds.

Step: 5 Now Click on 8% Govt. of India Savings Bonds.

Step: 6 Choose between 2 options – Cumulative or Half yearly.

Step: 7 Place your Order….

You are Done….!!!!

Within 7-10 Business Days, You will receive a Bond Certificate in Physical form at your Home via Courier. I have gone through this procedure for several times and its easy and very convenient.

I am sure that you will also find it easy & convenient.