Paytm Money Limited launches an advanced bonds platform for retail investors to invest in government, corporate, and tax-free bonds. Bonds on the Paytm money app provide investors with relevant information and yield calculations to understand returns. Investors can now access coupon vs yield, clean price vs dirty price, coupon frequency, and record dates on one dashboard on the Paytm Money app.
A SEBI-registered broker, Paytm Money, has innovated and introduced a straightforward, safe, and transparent bond product to India. Limit orders, price comparison between NSE and BSE, best exchange rate, credit ratings from several rating agencies, and an early access waitlist program are just a few of the investor protection features it offers.
Bonds are a safe option for investors looking for a steady income and fixed returns. Government of India Bonds offer flexibility and yields of 7-7.3% per annum. Tax-free bonds offer yields of 5.8% per annum and maturity ranging from 5 months to 13 years. Corporate bonds offer up to 15% per annum. Varun Sridhar, CEO, Paytm Money said, “We believe bonds are the best way for first-time investors to enter capital markets and every Indian should have a diversified wealth portfolio with bonds being a core part of it.”
