Indian economy is growing every year by selling stocks and bonds to the foreign investors. Many Investors worldwide are interested in investing Indian Bonds. This Simple Guide will teach you that, How to Invest in Bonds in India?
Quick Guide: How to Invest in Indian Bonds? -
- First of all to invest in Indian Bonds, you must be an Indian citizen or NRI (Non Resident Indian). A Person not having the citizenship of India can’t invest in Indian Bonds. So Make sure this first. Of course, this rule applies to Individuals. If you are the owner of the large corporation outside the India than you can anytime Invest in Indian Bonds as a Foreign Institutional Investor (FII).
- One simple way to Invest in Indian Bonds is, you directly purchase Government of India Savings (Taxable) Bonds also known as GOI Bonds. This you can do by visiting any Nationalized or private sector bank across the country or you can simply buy GOI Bonds Online from sites such as ICICIDIRECT.com
- Another simple way to invest in Indian Bonds is, you invest in Bond/Debt Mutual funds. Mutual funds have the fund managers which will invest your money in Bonds and other government and private sector securities in professional way.
- Another way to Invest in Indian Bonds is you invest in PSU Bonds also known as Public Sector Undertaking. PSUa are public sector companies such as BSNL, BHEL, NTPC…etc… you can buy bonds of these companies any time.
Thus, the above are the few possible ways to invest in bonds in India. I hope this much information is useful to you.
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