How to buy NCD in Groww?

NCDs are debentures that do not provide the holder with any such option at the time of maturity. They are fixed-income instruments with specific terms and interest rates. So big companies issue them to raise the funds without giving any option of conversion to equity. So here we will discuss how to buy NCD in Groww.

Can You Buy NCD in Groww?

As of March 2025, Groww does not support the direct trading of listed NCDs (Non-Convertible Debentures) in the secondary market. So, if a company announces fresh NCD issues through an IPO, you can check your IPO status also on the Groww platform. Then, Groww users can apply for it by using the Groww demat account.

Risk Invloved in NCD in Groww

Here are some risks involved in NCD in the groww app:

Interest Rate Risk: Here the NCD processes in the secondary market can fluctuate based on the changes in interest rates.
Credit Risk: Here, there is the possibility that the issuing company may default on payments.
Liquidity Risk: Here, not all the NCDs are actively traded in the secondary market, and this may affect your ability to sell before maturity.

Conclusion

In conclusion, the Groww app does not currently offer the option to buy listed NCDs, which is directly on the platform. We hope our information, which we mentioned about How to buy NCD in Groww, is helpful.

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Saniya

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