Sell Bonds Anytime lets you sell your bond investment on Grip before maturity, anytime after a holding period of just two months.
Grip has access to a large base of potential buyers, helping you get an instant, fair and market-driven price.
Once your sell order is placed, the transaction is settled digitally within one business day, making the process quick and hassle-free.
Sell orders for bonds can be placed only on exchange working days—Monday to Friday—excluding market holidays. The trading window is open from 9:15 AM to 2 PM.
You can sell any bond purchased through Grip using the ‘Sell Bonds Anytime’ feature.
Currently, only bonds purchased via Grip Invest can be sold. Grip will extend liquidity support to SDIs (Structured Debt Instruments) soon.
Yes, there is a charge of 0.25% which is adjusted in the price of the bond offered by the buyer.
Please note that your demat broker may additionally charge transaction fees.
Once your bond sell order is executed on the exchange and the order is settled, the funds will be credited to your demat-linked bank account or demat broker wallet by end of the day.