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Can NRI buy NCDs with Zerodha?

Yes, NRIs are also allowed to buy and sell listed bonds with Zerodha.

RBI permits non-resident Indians to invest in NCDs subject to the condition that the NCD issuer company must allow NRI to participate in NCD. If the company itself does not allow NRIs, it cannot buy NCDs with Zerodha or any other platform as well.

Answered on 2024-05-16

Zerodha Trade@20

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