Non-Convertible Debentures (NCDs) are listed corporate bonds offering fixed interest, capital safety, and liquidity — a smarter alternative to FDs with superior yields.
RBI Regulated | Monthly Returns
NCDs combine the safety of debt with returns far exceeding traditional fixed deposits — all with full liquidity on exchanges.
Earn 10–14% per annum — 2x to 3x more than bank FDs, with fixed coupon payouts quarterly or annually.
Issued by SEBI-regulated companies with credit ratings. Choose AAA or AA-rated NCDs for maximum safety of principal.
Listed on NSE/BSE — you can sell any time before maturity. No lock-in like FDs, with transparent market pricing.
Receive fixed interest payments quarterly, semi-annually, or annually directly in your bank account. Predictable cash flow.
Start with as little as ₹500,000. NCDs are accessible to retail investors and offer face-value denomination of ₹1,000.
All NCD issuances are regulated, rated by credit agencies, and held in demat form — fully transparent and secure.
From account opening to coupon payouts — the entire journey is seamless and digital.
Link your demat account with ArthOne. Takes under 5 minutes with Aadhaar-based e-KYC.
Explore live and upcoming NCD offerings with ratings, yield, tenure, and issuer details.
Apply via ASBA or UPI block mechanism. Funds are only debited upon allotment.
Interest credited directly to your bank at every coupon date. Principal returned at maturity.
See how NCDs stack up against the most popular investment options available today.
| Feature | NCD | Bank FD | Equity | Savings A/C |
|---|---|---|---|---|
| Returns (p.a.) | 10–14% | 6–7.5% | Variable | 3–4% |
| Risk Level | Low–Medium | Very Low | High | Very Low |
| Liquidity | Exchange Listed | Penalty on Exit | T+1 Settlement | Instant |
| Min. Investment | ₹10,000 | ₹1,000 | ₹1 (1 share) | ₹0 |
| Regulated By | SEBI + RBI | RBI | SEBI | RBI |
| Fixed Income | Yes | Yes | No | Yes |
Choose your investment amount, duration, and coupon rate. Compare monthly, quarterly, and maturity payouts — absolute returns vary with payout timing while XIRR is derived from actual cashflows.
Coupon: 12.50% · XIRR: 13.24%
Indicative figures are calculated before applicable taxes and TDS. Actual NCD cashflows may vary based on issue dates, payment dates, and issuer terms.
No entry or exit load; 10% TDS would be levied on gains while crediting interest payments.
Returns start accruing from the date of closure of issue and not money transfer date, implying a difference of approx. 1-2 days.
Principal repayments to be made at the end of maturity i.e. 12th month.
Principal repayments could be faster than above due to refinance or project performance. In such case, Investor IRR will remain the same however the Multiple and Profit Amount will be lower due to shorter tenure.
Date-wise breakdown of principal, interest, and value
| Date | Event | Principal | Interest | Value |
|---|
An NCD (Non-Convertible Debenture) is a corporate bond that cannot be converted into equity shares. It pays a fixed interest (coupon) and returns principal at maturity. Unlike regular bonds issued by the government, NCDs are issued by NBFC and corporate entities regulated by SEBI.
NCDs carry credit risk from the issuing company, but choosing AAA or AA-rated NCDs significantly reduces this risk. They are SEBI regulated, listed on exchanges, and issued with credit ratings. ArthOne helps you select only high-quality NCD issuances.
Yes. Listed NCDs can be sold on NSE or BSE any time during market hours, just like stocks. The selling price depends on market demand and may be above or below face value.
Interest income from NCDs is taxable as per your income slab. If held for more than 12 months and sold on exchange, capital gains are subject to long-term capital gains tax. We recommend consulting your CA for specific tax planning.
Coupon interest is credited directly to your registered bank account on scheduled coupon dates — quarterly, semi-annually, or annually as per the NCD terms. No action is required from your side.
Join thousands of investors earning predictable 10–14% annual returns through ArthOne's curated NCD offerings.