Used India bonds (not to be mixed with bonds India) often. You make the payment directly to the India clearing corporation by RTGS and hence there is no safety concern (in the sense, there is no payment to India bonds).
India bonds gives a clear quote, deal sheet and once you approve, and make the payment, the bond will be in your Demat by End of day. (this is assuming that you did your KYC before).
The best part of the India bonds site is the portfolio view, cash flow and maturity view of all the bonds you have purchased through them (and they have a feature, wherein you can import purchases from others too). If you need any more info, please DM me.
PS – the safety of the bond itself is not subject to , where from you are purchasing from. I am NOT recommending anything but giving my experience
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