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Can I apply for NCD through Zerodha?

Zerodha (Trade with the best stock broker)

Invest brokerage-free Equity Delivery and Direct Mutual Funds (truly no brokerage). Pay flat Rs 20 per trade for Intra-day and F&O. Open Instant Account and start trading today.

No, you cannot apply in NCD through the Zerodha trading platform or console. But you could use your Zerodha demat account while applying in NCDs public issue.

If you are a Zerodha customer, use the following ways to apply in NCD public issue.

  1. Apply through your bank's online banking website's IPO section.
  2. Apply directly via the website of the company offering NCD.

Note:

  • You could use your Zerodha demat account while applying for NCDs. Once allocated, these NCDs are available to you in your Zerodha demat account.
  • Zerodha allows you to trade in the listed NCD on the secondary market through Zerodha Kite in a similar way like you buy and sell shares.

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