NRI Bonds for UK

High returns

Earn fixed returns of up to 13.50%

Low investment

Start investing with as little as ₹1,000

Low risk

Invest in AAA–BBB rated bonds

No brokerage

0% brokerage or commission fees

Google Play Store

4.5_/5

15.8L Reviews

6Cr+Satisfied Customers

₹3,064 CrsInvestment Enabled

100+Bonds

Invest as Low as ₹1000 & Getup to 13.50% Returns

High returns

Earn fixed returns of up to 13.50%

Low investment

Start investing with as little as ₹1,000

Low risk

Invest in AAA–BBB rated bonds

No brokerage

0% brokerage or commission fees

Google Play Store

4.5_/5

15.8L Reviews

6Cr+Satisfied Customers

₹3,064 CrsInvestment Enabled

100+Bonds

Explore Bonds by Category

High Yield Bonds

Monedo

INDIA BBB-

Moderate Risk

You Invest

₹99,284

Returns (YTM)

14.5% bonds cross line

15%

You Get

₹1,10,468

Today

11 months

NBFC providing digital lending for SMEs, healthcare, and supply chain finance

Monedo

You Invest

₹99,284

Returns (YTM)

14.5% bonds cross line

15%

You Get

₹1,10,468

Today

11 months

NBFC providing digital lending for SMEs, healthcare, and supply chain finance

INDIA BBB-

Moderate Risk

Regency Fincorp

Infomerics BBB

Moderate Risk

You Invest

₹9,824

Returns (YTM)

14% bonds cross line

14.5%

You Get

₹11,801

Today

18 months

Provide secured MSME business loans, micro-credit for entrepreneurs, and digital consumer lending

Regency Fincorp

You Invest

₹9,824

Returns (YTM)

14% bonds cross line

14.5%

You Get

₹11,801

Today

18 months

Provide secured MSME business loans, micro-credit for entrepreneurs, and digital consumer lending

Infomerics BBB

Moderate Risk

Akara

ACUITE BBB+

Moderate Risk

You Invest

₹9,766

Returns (YTM)

14% bonds cross line

14.3%

You Get

₹12,148

Today

24 months

NBFC delivering data-backed digital lending solutions, corporate bonds, and quick consumer loans

Akara

You Invest

₹9,766

Returns (YTM)

14% bonds cross line

14.3%

You Get

₹12,148

Today

24 months

NBFC delivering data-backed digital lending solutions, corporate bonds, and quick consumer loans

ACUITE BBB+

Moderate Risk

Orange Retail Finance

ICRA BBB-

Moderate Risk

You Invest

₹9,784

Returns (YTM)

14% bonds cross line

14.15%

You Get

₹12,647

Today

29 months

NBFC providing two-wheeler loans, MSME micro-LAP, and housing finance

Orange Retail Finance

You Invest

₹9,784

Returns (YTM)

14% bonds cross line

14.15%

You Get

₹12,647

Today

29 months

NBFC providing two-wheeler loans, MSME micro-LAP, and housing finance

ICRA BBB-

Moderate Risk

CNC Jewels

INDIA BBB

Moderate Risk

You Invest

₹9,852

Returns (YTM)

13.25% bonds cross line

13.5%

You Get

₹11,998

Today

24 months

Chain-N-Chains Jewels Ltd. is a leading Mumbai manufacturer of high-quality gold chains.

CNC Jewels

You Invest

₹9,852

Returns (YTM)

13.25% bonds cross line

13.5%

You Get

₹11,998

Today

24 months

Chain-N-Chains Jewels Ltd. is a leading Mumbai manufacturer of high-quality gold chains.

INDIA BBB

Moderate Risk

NRI Bonds for UK

NRIs residing in UK can buy/sale bonds in India in accordance with the regulations specified by the RBI, FEMA and SEBI. They are the individual resident outside India who is a citizen of India. UK NRIs can invest in AAA rated PSU bonds, infrastructure bonds, capital gain bonds, corporate bonds and specified bonds through FAR route. RBI also allows NRIs to invest in treasury bills and specified government securities through a RBI Retail Direct portal.

Indian Bond Investment Opportunities for NRIs

Administered by RBI and regulated by Foreign Exchange Management (FEM) (Debt Instruments) Regulations, 2019, NRIs residing in UK can invest in Indian bond market in the following basis, without any limit:-

On repatriation basis	On non- repatriation basis
Government dated securities (other than bearer securities) or treasury bills	Government dated securities (other than bearer securities) or treasury bills
Bonds issued by a Public Sector Undertaking (PSU) in India	Listed non-convertible/ redeemable debentures issued in terms of Regulation 6 of these Regulations
Debt instruments issued by banks, eligible for inclusion in regulatory capital
Listed non-convertible/redeemable debentures issued in terms of Regulation 6 of these Regulations
Bonds issued by Infrastructure Debt Funds

NRIs residing in UK can purchase or sell investments from funds held in NRE/FCNR(B)/NRO accounts or out of inward remittances from abroad.

Investment in Government securities by NRIs

NRIs can directly purchase government securties, SDLs, and T-bills through RBI Retail Direct account in both primary and secondary markets.
They can start investing by primarily opening NRE account via a Portfolio Investment Scheme (PIS) with an Indian bank.
The investment can be made on a repatriation & non-repatriation basis.
The interest payment by an issuer is credited to NRE/NRO account, as the case may be.

Fully Accessible Route (FAR): Government Bonds/Gilts

RBI has created a separate channel, Fully Accessible Route (FAR), for foreign investors to invest without any quantity restrictions or investment ceilings. UK bases NRIs, Overseas Citizens of India (OCIs) and Foreign Portfolio Investors (FPIs) can invest in specified Indian government bonds (Gilts) through FAR to facilitate foreign capital inflow.

No investment caps or quantitative ceilings.
Offers free buy-sell access of government bonds as no prior approval is required.
Specific dated government securities are termed as "FAR-eligible".
Bloomberg indices, FTSE Russell Indices and J.P. Morgan's GBI-EM includes FAR bonds, opening the market to a wider pool of global passive investors.

Investing in Capital Gain Bonds

UK based NRIs can also invest in capital gain bonds to claim deductions under Section 54EC of the Income Tax Act, on capital gains arising from the sale of land and/or building in India.

The main issuers of capital gain bonds in India are Indian Railway Finance Corporation Limited or (IRFC bonds), Rural Electrification Corporation Limited (REC bonds), and Power Finance Corporation Ltd (PFC Bonds).
Capital gain bonds are currently offering 5.25% p.a. coupon rate to its investors, annually.
NRIs should invest within 6 months from the date of the sale or property transfer to claim deductions. The maximum investment limit is Rs 50 lakh in a financial year.
These bonds are not traded on stock exchanges.
The principal amount is exempt from tax. However, interest income received from capital gain bonds are taxable.

Bond ETFs for UK Based NRIs

NRIs seeking to invest in AAA corporate bonds, PSU bonds and government securities can invest in Indian Bond ETFs. These bonds are considered low risk bonds as they have lower default risk and therefore offer safety in repayments.

Top choices include Bharat Bond ETF series (2030, 2031, 2032) and government securities ETFs (such as LIC Nifty 10 Year G-Sec ETF).
NRIs can make investments through a NRO or NRE bank account. The account should be linked to a PIS (Portfolio Investment Scheme) or Non-PIS Demat account.

How UK NRIs can Invest in India’s GIFT City

Located in Gandhinagar, Gujarat, GIFT (Gujarat International Finance Tec-City) IFSC is India’s international financial services center that offers various investment opportunities for UK NRIs. They can directly invest in USD/GBP without conversion by opening a Foreign Currency Account with an IFSC Banking Unit (IBU). The IFSC Exchanges operate for 22 hours a day helping NRIs to trade or invest efficiently from various time zones.

UK based NRI investors can buy corporate bonds issued by both Indian and foreign companies in currencies such as EUR, SGD, USD and GBP, through Gift City exchanges.
NRIs can invest in rupee-denominated bonds known as masala bonds issued by Indian companies through GIFT city centre.
Bonds listed in GIFT City also tap into green bonds that financially support environmentally sustainable projects like solar energy and sustainable infrastructure. For instance, ReNew Global Energy issued US 600 million green bonds million maturing in 2031 at a coupon rate of 6.5% p.a. The bond was oversubscribed 4 times by global institutional investors.

Tax Advantages in India

Long-term or short-term capital gains tax is exempt.
No Securities Transaction Tax (STT) does not apply in GIFT city centre.
No GST is charged on financial services offered to non-residents
Commodities Transaction Tax (CTT) is also not applicable to NRIs.

How NRIs Can Open Account to Invest in Gift City

NRIs have to visit a IFSC unit of any bank to open a foreign currency account - IFSC Banking Unit (IBU) Account)..
NRIs have to submit KYC documents -- Overseas Address Proof, PAN card and Passport and tax residency certificates.
An IFSC Broker will help them to get registered and trade on India INX or NSE IFSC with the help of the above documents submitted.
NRIs are now required to transfer funds from an overseas bank account to their IBU account to start investing in bonds trading in Gift City.

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