What is OBPP ?

Online Bond Platform Providers (OBPP) facilitate the buying, selling, and management of fixed income investment products such as Bonds and SDIs, making the investment process accessible and easy for retail and institutional investors

No. of OBPPs

29

Investments Enabled

10,000+ Cr

Steps to Become a Member of OBPP Association

1. Download the Form

Visit the OBPP Association website and download the membership form.

2. Fill Out the Form

Complete the form with your company’s details and contact information.

3. Submit Required Documents

Business registration certificate
BSE / NSE Members
SEBI registration / license
OBPP registration / license
Proof of compliance with regulations
Any relevant certifications

4. Email the Form and Documents

Email the filled form and documents to membership@obppindia.com.

5. Review Process

Your application will be reviewed, and you’ll receive an email with further documents if approved.

6. Pay Fees

Upon approval, pay a one-time admission fee of INR 5,00,000 and an annual membership fee of INR 2,00,000 (recurring every year).

What are Debt Instruments?

Debt instruments are financial tools used by governments, corporations, or other entities to raise capital by borrowing money. In essence, they are contracts between the borrower (issuer) and the lender (investor), specifying that the issuer will pay back the borrowed funds with interest over a predetermined period. Below are examples of Debt instruments

Types of Debt Instruments

Bonds

Long-term loans where the issuer agrees to pay periodic interest (coupon payments) and return the principal amount at maturity.

Debentures

Unsecured loans are based on the creditworthiness of the issuer, similar to bonds but without collateral backing.

Certificates of Deposit (CDs)

Time deposits are offered by banks with a fixed interest rate and maturity date.

Treasury Bills

Short-term government securities are sold at a discount and redeemed at face value upon maturity.

Commercial Papers

Short-term unsecured promissory notes are issued by corporations to meet short-term liabilities.

  • Government Bonds
  • Corporate Bonds
  • Inflation-Indexed Bonds
  • Fixed Maturity Plans (FMPs)
  • Perpetual Bonds
  • Floating Rate Bonds
  • Zero Coupon Bonds

Comparison to Stock Market, Fixed Deposit & P2P

This graph compares bonds, stocks, fixed deposits, and P2P lending on risk, returns, liquidity, and more. Bonds offer a balanced approach with moderate returns, lower risk, and better liquidity than fixed deposits, making them attractive to conservative investors

Executive Committee

Ms. Aditi Mittal

Chairperson

Read more

Mr. Suresh Darak

Chairperson

Read more

Mr. Ajay Manglunia

Advisory Member

Read more

Mr. Pranav Inamdar

Treasurer

Read more

Mr. Tirth Shah

Secretary

Mr. Nishant Prasad

Joint Secretary

Mr. Aashish Jindal

Technical Director

Mr. Harsh Punjabee

Executive Member

Mr. Irfan Mohammad

Executive Member

Mr. Aditya Mehta

Executive Member

Mr. Vijay Kuppa

Executive Member

Online bond platform companies set up industry body

Mumbai: Online bond platform providers (OBPPs) have set up an association to represent the industry, promote retail participation in the domestic debt markets and interact with regulators. The executive committee of the new body – called the OBPP Association of India – was formalized at a meeting on May 28 at the NSE’s office in Mumbai, with more than 20 of the 27 licensed OBPPs in attendance, the association said in a statement.