Open a demat account with a SEBI-registered broker or depository participant
Complete KYC with PAN, Aadhaar, bank details, and income details
Choose the bond type: listed corporate bonds, unlisted bonds, or NCDs
Check the issuer’s credit rating from agencies like CRISIL, ICRA, CARE, or India Ratings
Review the bond terms: coupon rate, maturity date, face value, call/put options, and payment frequency
Compare yields, credit risk, liquidity, and tax treatment before buying
Use stock exchange platforms like NSE or BSE to buy listed corporate bonds
Use your broker’s bond section or debt market platform to place the order
Select quantity and confirm the trade through your trading account
Transfer funds from your linked bank account to complete the purchase
For primary issues, apply through the issuer, broker, or online platform during the offer period
For unlisted bonds, buy through authorized distributors, wealth platforms, or private placement channels
Verify allotment and holding details in your demat account after purchase
Track coupon payments and maturity proceeds in your registered bank account
Check tax implications on interest income and capital gains before investing
Keep records of bond ISIN, purchase price, and transaction statements
Monitor credit rating changes and issuer financial health regularly