One97 Communications Limited (OCL) that owns the brand Paytm, India’s leading mobile payments and financial services company, announced that its wholly-owned subsidiary Paytm Money Limited has launched the most advanced bonds platform for retail investors in India. The company is simplifying bonds for retail investors and enabling them to invest in three types of bonds – government, corporate and tax-free.
Paytm Money is the first to bring easy investments in direct mutual funds and equity investments. It presents investors with all relevant information at one place and converts it to yield, allowing them to analyse and understand the returns they can earn.
Paytm Money is a SEBI registered broker that is introducing a simple, secure and transparent bond product to India with investor safety features such as limit order, prices compared across NSE and BSE, best exchange rate pre-selected, and credit ratings from multiple rating agencies. Varun Sridhar, CEO, Paytm Money said, “We will continue to bring the best technology-driven features for investors with the safety and security they deserve.”