Can we buy RBI Floating Rate Saving bonds in demat account?
I checked with SHCIL, they dont have any option to mention Demat Account number in the online/offline form.
Can we buy RBI Floating Rate Saving bonds in demat account?
I checked with SHCIL, they dont have any option to mention Demat Account number in the online/offline form.
No, you cannot. The only way to invest in RBI floating-rate savings bonds is by opening a dedication floating rate bonds account with one of these banks:
Learn more on this link to RBI’s announcement of the floating rate bonds.
We can buy through SHCIL too.
Source of buying is fine, my query is whether we can credit the bonds in DEMAT ACCOUNT?