Best Apps to Invest in Corporate Bonds in India

Corporate bonds are becoming an increasingly popular investment option for investors looking for stable income and portfolio diversification. Unlike fixed deposits, corporate bonds are debt instruments issued by companies to raise funds. In return, investors receive regular interest payments (known as coupon payments) and receive the principal amount on maturity.

With digital investing platforms, purchasing corporate bonds has become much simpler. Investors can now explore bond offerings, compare interest rates, review issuer details, and invest online without relying on offline paperwork or intermediaries.

What Should You Look for in a Corporate Bond Investment App?

The right corporate bond investment app should make it easy to discover and compare bonds while also offering a smooth investment experience. Before choosing a platform for investing in corporate bonds in India, consider whether it offers:

• Access to corporate bonds and bond public issues (NCDs)
• Information on coupon rates, credit ratings and maturity periods
• Easy comparison of available bond offerings
• A simple and fully digital investment process
• Portfolio tracking and investment management
• A user-friendly interface
• Access to other investment products, if you prefer managing your portfolio from one platform

Here are some of the best corporate bond  investment platforms in India based on their features and offerings.

1. Groww

Groww offers investors access to corporate bond public issues (NCDs) through a completely digital investment experience. Investors can explore available bond issues, compare key details and apply online through the platform.

Key Features

• Access to corporate bonds and Bond IPOs (NCDs)
• Compare bonds based on Yield to Maturity (YTM), credit rating, tenure and issuer
• View key details such as interest rate, payout schedule, minimum investment and risk profile
• Compare different bond series before investing
• Fully digital investment process
• Track investments alongside other asset classes in one app

Other Investment Options

In addition to corporate bonds, Groww also offers access to:

• Stocks
• Mutual Funds
• ETFs
• Gold
• Silver

Eligible users can also trade in:

• Equity F&O
• Commodities
• Currency Derivatives

Ideal for: Investors looking to invest in corporate bonds while managing other investments from a single platform.

2. IndiaBonds

IndiaBonds is a fixed-income investment platform that offers access to corporate bonds, bond public issues (NCDs), government securities and tax-free bonds.

Key Features

• Access to corporate bonds and NCDs
• Government securities and tax-free bonds
• Fixed-income focused platform

Ideal for: Investors primarily looking for fixed-income investment options.

3. GoldenPi

GoldenPi is a bond-focused investment platform that provides access to corporate bonds, NCDs and government securities.

Key Features

• Corporate bond investments
• NCD offerings
• Credit rating and issuer information

Ideal for: Investors building a dedicated bond portfolio.

4. Wint Wealth

Wint Wealth offers access to fixed-income investment opportunities, including corporate debt instruments and curated investment products.

Key Features

• Access curated fixed-income investment opportunities
• Invest in corporate debt instruments
• Explore investment options across different tenures
• Simple digital investment process

Ideal for: Investors looking to diversify into fixed-income investments.

5. Zerodha

Zerodha provides access to selected bond investment opportunities through its broader investment platform.

Key Features

• Access selected bond investment opportunities
• Invest through an integrated online platform
• Manage bond investments alongside stocks and mutual funds
• Digital portfolio management

Ideal for: Existing Zerodha users looking to explore bond investments.

6. Grip Invest

Grip Invest is a digital investment platform that offers access to corporate bonds along with other fixed-income investment products.

Key Features

• Access to corporate bonds and fixed-income investment options
• View bond details such as issuer information and credit ratings
• Digital investment process
• Portfolio tracking through the platform

Ideal for: Investors looking to explore fixed-income investment opportunities.

7. Stable Money

Stable Money primarily focuses on fixed-income products such as fixed deposits while also offering access to select low-risk investment opportunities.

Key Features

• Invest in fixed deposits through a digital platform
• Explore select fixed-income investment options
• Compare available investment products
• Simple investment journey

Ideal for: Investors looking for relatively stable investment options.

8. BondsIndia

BondsIndia is a dedicated bond investment platform that offers access to corporate bonds, government bonds and NCDs.

Key Features

• Invest in listed corporate bonds and government bonds
• Access bond public issues (NCDs)
• View bond details before investing
• Dedicated platform for bond investments

Ideal for: Investors focused on bond investing.

Comparison of Corporate Bond Investment Platforms

The table below compares some of the popular corporate bond investment platforms in India based on the types of bond offerings and investment options available.

Conclusion

Corporate bonds can be a useful addition to a diversified investment portfolio, offering the potential for regular income while helping balance overall risk. The right platform ultimately depends on your investment needs, the features you  are looking for and whether you prefer a dedicated bond platform or a broader investment platform. If you are looking for a platform that lets you invest in corporate bonds while managing multiple asset classes in one place, Groww offers a convenient and fully digital investing experience.

FAQs

Which is the best app to invest in corporate bonds in India?

The right platform depends on your investment needs. Investors generally look for platforms that provide access to corporate bond public issues, detailed issue information, an easy digital investment process and convenient portfolio management.

Can I invest in corporate bonds online?

Yes. Several investment platforms allow investors to apply for corporate bond public issues (NCDs) and invest in eligible bond offerings through a digital process.

Do I need a demat account to invest in corporate bonds?

Most listed corporate bonds and public issues are held in demat form. Therefore, a demat account is generally required to invest in them.

Are corporate bonds safe?

Corporate bonds carry credit risk, as repayment depends on the issuer's financial health. Before investing, review the issuer's credit rating, financial strength and other relevant details.

What should I check before investing in a corporate bond?

Before investing, evaluate the issuer, credit rating, coupon rate, maturity period, payout frequency, liquidity and the associated risks. Comparing these factors can help you make a more informed investment decision.