RBI Retail Direct Scheme and its Benifits to Invest Securely

RBI Retail Direct : If you also want to invest safely, then Reserve Bank of India has brought a great offer for you. In the Reserve Bank of India’s ‘RBI Retail Direct’ scheme, you will get tremendous benefits with security.

In this scheme of RBI, investors are getting the facility of investing in government securities at one place. That is, here you are going to get a strong profit along with safe money. The most important thing is that in this plan of RBI, no charge will be taken on account opening and its management. Let us know about this scheme in detail.

rbi retail direct
rbi retail direct


‘The RBI Retail Direct’ facility

There are many specialties of this plan. You do not need to go anywhere to open this account. You can open it online only. The central bank has told that retail investors can open a Retail Direct Gilt Account (RDG Account) with the Reserve Bank.

The Reserve Bank of India (RBI) has recently launched the Retail Direct Scheme. It was launched by Prime Minister Narendra Modi. After this, the RBI said on Saturday that its RBI Retail Direct Scheme (RDS) has received more than 12,000 registrations since its launch on November 12. That is, in just two days, so many people have expressed their willingness to invest in it. The objective of this scheme is to facilitate investment in Government Securities (G-sec). Anyone can invest in this scheme.

Under this scheme, retail investors can deposit at least ₹10,000 in Central Government Security (CG), State Government Security (SG) and Treasury Bills (T-Bills) using the online portal (https://rbirtaildirect.org.in). One can invest in Rupees and its multiples. For this, the investor has to open a Retail Direct Gilt (RDG) account with the RBI. Same, in case of Sovereign Gold Bond (SGB), at least 1 gram of gold has to be invested. You can invest in this scheme for a period ranging from 1 year to 30 years.

Government Securities

The scheme has been launched with an aim to improve the accessibility of Government Securities. Along with this, the online reach of retail investors will also be expanded. This includes both primary and secondary markets. According to RBI, single and joint account can be opened under this scheme. You can open your account with any other retail investor, but you have to meet the eligibility criteria for the same.

How to apply for RBI Retail Direct

If you also want to take advantage of this scheme, then you must have a savings bank account in India, Permanent Account Number (PAN) or any officially valid document for KYC purposes, registration under Retail Direct Plan and RDG Must have a valid email id and mobile number to maintain the account.

Documents required for this account

  • Mobile number linked to your Aadhaar
  • Scanned Image of Cancelled Cheque (optional)
  • Scanned Image of Signature(s) for Account Holder(s)
  • Original PAN
In case there is change in your permanent address, please keep scanned image of any of the following six Official Valid Documents ready
  1. Valid Passport
  2. Valid Driving License
  3. Voter’s ID Card
  4. NREGA Job Card duly signed by an officer of the State Government
  5. Letter issued by the National Population Register (NPR) containing details of name & address
  6. Proof of possession of Aadhaar (Letter issued by UIDAI)


To register in RDS, an online form has to be filled. For this, an OTP will come on your registered mobile number which will have to be entered. After registering, you can buy government bonds. Its bidding is done every Friday by the government and its sale is done by the government debt manager. The money for the purchase of bonds can be paid through UPI, net banking which is linked to the registered bank account. As soon as the bid is allotted in your name for the bond purchase, the money will be deducted from your account. There is a rule to get only one bid for a security.

RBI Retail Direct Scheme
Official Website RBI Retail Direct – Home
Register Account Click Here
Zegocina – Home Click Here

How much money will have to be deposited

The government is currently running a total of 97 security bonds, whose tenure ranges from 3 months to 40 years. Its total amount is Rs 78.5 lakh crore. Now the question is that there are many investment options which are giving good returns, good returns, then why would anyone want to invest in government bonds? If one is an institutional investor, then he will have to invest 5 crores in the bond market, while retail investors can buy bonds of Rs 10,000.

source of income

During the Kovid period, the return on government bonds has come down a little and it is around 6 percent. It has been getting the same return for a few years now. The benchmark bond’s return has been recorded at 6.36 per cent. If a person opens a deposit account with State Bank of India for 5-10 years, then he will get an interest of 5.40 percent. Accordingly, government bonds are giving more profit. Also, it has the support of the government and the RBI and there is no question of losing money. There is no rule to pay income tax on this.


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