Debentures that cannot be converted into stock or other securities are known as non-convertible debentures (NCD).
To apply for NCD bonds, follow these simple steps:
Note: Please ensure to have sufficient balance in your account before you proceed to place an order. Additionally, placing an order for NCD bonds is done via ASBA method and is only available for Trinity account holders.
If you’re a non-trinity account holder, please place your order for NCD bonds offline, via your RM/dealer.