Broker app Not an OBPP
Kotak Neo review
Kotak Neo's support pages cover NCD applications, buying and selling tax-free and tax saving bonds on the exchange, and SGBs, under a brokerage line that says only it will not exceed SEBI's limit. Kotak Securities is on neither exchange's OBPP list, and the bond support page does not mention G-secs or T-bills.
Verified
Kotak Neo official site We earn nothing from this link.
Key facts
- Legal entity
- Kotak Securities; full legal name not captured in our research source
- Group or backers
- Not verified in our research source
- SEBI registration
- Stock broker; registration number not captured in our research. Kotak Securities is not an OBPP on either exchange list source
- NSE OBPP status
- Not on the NSE list (as on 14th Oct 2026) source
- BSE OBPP status
- Not on the BSE list (file dated 24th Sep 2026) source
- Corporate bonds via RFQ
- No: not a registered OBPP source
- Listed bonds on the exchange order book
- Yes: buying and selling tax-free and tax saving bonds in the secondary market source
- NCD IPOs
- Yes: support section covers NCD applications source
- G-sec, T-bill and SDL bids
- Not mentioned on the bond support page; fee not found source
- SGBs
- Covered in the support section source
- Where your bonds sit
- Not verified source
- Minimum investment
- Not stated source
- Fees and markup
- Not disclosed beyond a line that brokerage will not exceed the SEBI limit source
- DP charge when you sell
- Not verified in our research source
- Yield shown as
- Not stated source
- Selling before maturity
- Listed bonds can be sold on the exchange, per the support section source
- Settlement
- Exchange order book source
- Credit range on shelf
- Not applicable: no curated shelf source
- NRI access
- Not verified source
- Play Store (India)
- Not verified source
- App Store (India)
- Not verified source
- SEBI or exchange actions
- None bond specific found in our research source
Sells: NCD issuesTax-free bondsSGBs
Suits
- Kotak customers applying to public NCD issues
- Trading listed tax-free bonds and SGBs on the exchange
Watch out for
- Not a registered OBPP, so no RFQ corporate bond shelf
- Bond brokerage not published
- G-sec and T-bill bidding not documented on the bond page
What bonds can you buy on Kotak Neo?
Public NCD issues, listed tax-free and tax saving bonds on the exchange, and SGBs. Kotak Neo's support section on NCDs and bonds covers NCD applications, buying and selling tax-free and tax saving bonds in the secondary market, and SGBs (Kotak Neo support). G-secs and T-bills are not mentioned on that page.
Listed bonds trade on the exchange order book, where prices include accrued interest and selling depends on a buyer showing up. See clean price vs dirty price and can I sell a bond before maturity.
What does Kotak Neo charge for bonds?
Kotak does not publish a bond specific rate. Its support page says only that brokerage will not exceed the SEBI prescribed limit (Kotak Neo support). Check the contract note on your first trade, and compare the all in cost with exchange prices on the same ISIN.
Is Kotak Neo a SEBI registered bond platform?
No. Kotak Securities is a stock broker, but it is not on NSE's or BSE's OBPP list as of Oct 2026 (NSE list; BSE list). It can sell listed bonds on the exchange and take NCD applications, but cannot run an RFQ bond shelf of the kind OBPPs offer. For government securities without a fee, see RBI Retail Direct.
Questions people ask
Can I apply for NCD IPOs on Kotak Neo?
Yes. Kotak Neo's support section covers NCD applications.
Can I buy tax-free bonds on Kotak Neo?
Yes, listed tax-free bonds can be bought and sold on the exchange through Kotak Neo, per its support section.
Is Kotak Neo a SEBI registered bond platform?
No. Kotak Securities is not on NSE's or BSE's OBPP list as of Oct 2026, though it sells listed bonds on the exchange as a stock broker.