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Broker app

INDmoney review

INDmoney's broking company, Indstocks Pvt Ltd, has been an active OBPP on BSE since 8th Jun 2023 and is not on NSE's list. A bonds page exists but blocked automated reading on 17th Oct 2026, and we found no press coverage of a launch, so products, fees and minimums are unverified.

Verified

INDmoney official site We earn nothing from this link.

Key facts

Legal entity
Indstocks Pvt Ltd (BSE's list gives INDmoney as its brand) source
Group or backers
Not verified in our research source
SEBI registration
INZ000305337 (stock broker) source
NSE OBPP status
Not on the NSE list (as on 14th Oct 2026) source
BSE OBPP status
Active, enabled 8th Jun 2023 source
Corporate bonds via RFQ
Not verified; a bonds route exists but returned HTTP 403 to automated reading source
Listed bonds on the exchange order book
Not verified source
NCD IPOs
Not verified source
G-sec, T-bill and SDL bids
Not verified source
SGBs
Not verified source
Where your bonds sit
Not verified source
Minimum investment
Not verified source
Fees and markup
Not verified; no bond fee found source
DP charge when you sell
Not verified source
Yield shown as
Not verified source
Selling before maturity
Not verified source
Settlement
Not verified source
Credit range on shelf
Not verified source
NRI access
Not verified source
Play Store (India)
4.6 from 4.63 lakh reviews, 1 crore+ downloads, read 17th Oct 2026 (the US storefront shows 4.7) source
App Store (India)
4.71 from 1,07,878 ratings, read 17th Oct 2026 source
SEBI or exchange actions
None bond specific found in our research source

Suits

  • INDmoney users willing to check bond terms in the app themselves

Watch out for

  • BSE only: not on NSE's OBPP list
  • Products, fees and minimums not publicly readable

Does INDmoney sell bonds?

We could not confirm it. A bonds route exists at indmoney.com/bonds, but it and its FAQ returned HTTP 403 to automated reading on 17th Oct 2026, and we found no news coverage of a bond launch (indmoney.com/bonds). Launch date, products, minimum, pricing, settlement, sell terms and rating range are all unverified.

If you use INDmoney, check in the app whether bonds are bought through the RFQ platform or the exchange order book, and whether they land in your INDmoney demat. Are the bonds I buy held in my own demat? lists the questions to ask.

Is INDmoney a SEBI registered bond platform?

On BSE only. Indstocks Pvt Ltd (SEBI INZ000305337), listed with the INDmoney brand, has been an active OBPP on BSE since 8th Jun 2023 (BSE list). It is not on NSE's OBPP list as on 14th Oct 2026 (NSE list).

An OBPP needs enablement on only one exchange to operate, so BSE only status is not a red flag by itself; it does mean RFQ deals would run on BSE. Check any platform's status in our registry.

What should INDmoney users check before buying a bond there?

The same things INDmoney has not published: the yield basis, the all in price including any spread, whether a sell option exists, and the lowest rating on each bond. From about 21st Nov 2026 SEBI requires every OBPP to show a Credit Risk-o-Meter based on the lowest available rating (SEBI circular).

For yield comparisons across apps, see why the same bond shows a different yield.

Questions people ask

Is INDmoney a SEBI registered bond platform?

Its broking entity, Indstocks Pvt Ltd, has been an active OBPP on BSE since 8th Jun 2023. It is not on NSE's OBPP list as on 14th Oct 2026.

What bonds can I buy on INDmoney?

We could not verify it. INDmoney's bonds pages blocked automated reading on 17th Oct 2026, and no press coverage of a launch was found.

What does INDmoney charge for bonds?

Not verified. No bond fee was found on pages we could read.

Sources

  1. NSE list of registered OBPPs (as on 14th Oct 2026)
  2. BSE OBPP member list (file dated 24th Sep 2026)
  3. SEBI circular on the Credit Risk-o-Meter, Oct 2026
  4. INDmoney bonds page (403 to automated reading on 17th Oct 2026)
  5. INDmoney on Google Play
  6. INDmoney on the App Store