Business

Paytm Money Launched Bonds Platform For Retail Investors

Fintech major, Paytm’s owned subsidiary Paytm Money has launched a bonds platform for retail investors in India in order to simplify debt investing for them. Investors can now invest in government bonds, corporate bonds and tax-free bonds, all in one place, via this platform.

Varun Sridhar, CEO, of Paytm Money said in a statement that they have revolutionised mobile payments at Paytm Money. “We are at the forefront of innovation in the Indian capital markets. This is just the start of bond investing in India,” he added.  He further mentioned that they, at Paytm, believe that bonds are the best way for first-time investors to enter capital markets and every Indian should have a diversified wealth portfolio with bonds being a core part of it. “We will continue to bring the best technology-driven features for investors with the safety and security they deserve,” Sridhar added.

Bonds on the Paytm money app provide investors with relevant information and convert everything into yield to aid in analyzing and understanding potential returns.  Investors can now find information on coupon frequency, coupon record dates, clean price vs dirty price, coupon frequency, and other topics on a single dashboard within the Paytm Money app, the company claimed. Bonds are a safe option for investors that are looking for a consistent income and fixed returns on their investments. Additionally, they can diversify their portfolio for good returns.

Investors have a great deal of flexibility in managing their investments across all time horizons thanks to the availability of Government of India Bonds with maturities ranging from 16 days to 39 years. These bonds currently have an annual yield of between 7.3 and 7.3%. Furthermore, there are no early termination fees or lock-ins when selling bonds on the market, giving investors flexibility in how they manage their investments.

Also Read: Amazon Founder Jeff Bezos Engaged With Lauren Sanchez

Malika Sahni

Recent Posts

Manoj Tiwari Joins Jagannath Rath Yatra In Puri; Celebrates With Devotees

BJP MP Manoj Tiwari participated in the first day of the Jagannath Rath Yatra in…

8 mins ago

HM Amit Shah To Launch Development & Education Projects Across Gujarat

Amit Shah is visiting Gujarat to inaugurate key education, cooperative, and rural development projects across…

21 mins ago

Parliamentary Committee To Visit Pahalgam Terror Site; Hold Key Meetings In Jammu & Srinagar

Following the recent terror attack in Pahalgam’s Baisaran Valley, a Parliamentary Committee is set to…

45 mins ago

PM Modi To Inaugurate Centenary Celebrations Of Acharya Shri Vidyanand Ji Maharaj

Prime Minister Narendra Modi will inaugurate the 100th birth anniversary commemoration of Acharya Shri Vidyanand…

2 hours ago

No Central Water Tax On Farmers; PIB Debunks Fake Social Media Claims

The Ministry of Jal Shakti has refuted viral social media claims suggesting that the Centre…

2 hours ago

‘Kaanta Laga’ Girl Shefali Jariwala Passes Away At 42 In Mumbai: Live Updates

Shefali Jariwala, best known as the ‘Kaanta Laga girl’, has died at the age of…

3 hours ago