As per SEBI regulation, the minimum lot size for bond deals is typically set at ₹ 2 lakhs. This is due to the settlement process of bond transactions facilitated through the Indian Clearing Corporation Ltd (ICCL) bond reporting and settlement platform on the BSE. ICCL only accepts payments made via Real Time Gross Settlement (RTGS), with a minimum transaction threshold of ₹ 2 lakh. However, the minimum trading lot on the institutional trading platform for the private placement shall be ₹10 lakh per bond and ₹ 1 crore for a perpetual bond.