List of Private Bonds in India 2026

Private bonds have become an important part of India’s fixed-income market, offering investors an opportunity to earn predictable returns. 

Issued by private sector companies and financial institutions, these bonds cater to investors looking for relatively higher yields with varying levels of credit risk. Continue reading for a comprehensive overview of private bonds in India along with key details to help you evaluate them effectively.

What are Private Bonds?

Private bonds are debt instruments issued by private sector companies, including corporates, NBFCs, and financial institutions, to raise capital from investors. When you invest in a private bond, you are essentially lending money to the issuer in exchange for regular interest payments and repayment of principal at maturity.

These bonds can be listed or unlisted and are available through private placements or public issues such as Non-Convertible Debentures (NCDs).

Key Features & Benefits of Private Bonds

• Attractive Returns: Typically offer higher interest rates compared to government-backed securities due to higher credit risk.
• Fixed Income: Provide regular interest payouts (monthly, quarterly, or annually).
• Diverse Options: Available across different credit ratings, tenures, and sectors.
• Portfolio Diversification: Help balance risk when combined with other fixed-income instruments.
• Flexible Investment Routes: Can be accessed via primary issuances or secondary markets.

List of Private Bonds in India

Who Should Invest in Private Bonds?

• Moderate to High-Risk Investors: Suitable for those comfortable with some level of credit risk.
• Yield-Seeking Investors: Ideal for investors looking for better returns than traditional deposits.
• Experienced Investors: Those who understand credit ratings and issuer fundamentals.
• Diversification-Focused Investors: Individuals aiming to diversify their fixed-income portfolio.
• Medium to Long-Term Investors: Best suited for investors with a defined investment horizon.

Risks Involved in Private Bonds

• Credit Risk: Possibility of default or delay in interest/principal payments.
• Liquidity Risk: Some bonds may not be actively traded, making exit difficult.
• Interest Rate Risk: Bond prices may fall when market interest rates rise.
• Rating Downgrade Risk: A downgrade can reduce bond value and investor confidence.
• Market Risk: Price fluctuations in the secondary market can impact returns.

Tax Applicability on Private Bonds

Interest Income: Taxed under “Income from Other Sources” as per your income tax slab.

Short-Term Capital Gains (STCG): Taxed as per slab (if sold within holding period for listed bonds).

Long-Term Capital Gains (LTCG): Taxed as per applicable rates after the defined holding period.

TDS Applicability: TDS may be deducted if interest income exceeds prescribed limits.

How to Buy a Private Bond?

Through Demat Account (Secondary Market):

• Log in to your trading account
• Search using ISIN or bond name
• Review price, yield, and rating
• Place your order

Primary Issuances (NCDs): Invest when companies issue new bonds or debentures

Online Bond Platforms: Compare different bonds and invest digitally

Disclaimer

The private bond data on this page is sourced from the NSDL website and is based on publicly available market information as on 23 March 2026. Prices, yields, trade values, and other related details are subject to change in real time depending on market movements and liquidity. This content is intended solely for informational and educational purposes and should not be considered as investment advice, recommendation, or an offer to buy or sell any securities.