RBI Retail Direct Scheme
- Retail investors (individuals) now have the facility to open and maintain the āRetail Direct Gilt Accountā (RDG Account) with RBI.
- RDG Account can be opened through an āOnline portalā provided by RBI for the purpose of the scheme.
- The āOnline portalā will also give the registered users access to primary issuance of Government securities and Trading in Secondary Markets, access to NDS-OM platform and investment in Sovereign Gold Bonds.
- The scheme of Reserve Bank of India (RBI) Retail Direct has been formulated as a one-stop solution to facilitate investment in Government Securities by individual investors.
- Minimum Investment amountĀ of Rs. 10,000Ā for Government of India Treasury Bills (T-Bills), Government of India dated securities (dated G-Sec) and State Development Loans (SDLs) orĀ One Gram of GoldĀ through Sovereign Gold Bonds (SGB); also these securities can be gifted/transferred to a relative/friend/anybody who fulfils the eligibility criteria in accordance with the provisions of the Government Securities Act, 2006 and Government Securities Regulations, 2007.
- Click hereĀ to open account under the RBI Retail Direct Scheme. Alternately, you can get in touch with relationship manager for any queries.