The RBI Retail Direct Scheme is an initiative of the Reserve Bank of India that enables eligible individual investors to open and maintain a Retail Direct Gilt (RDG) Account and invest directly in Government Securities through a secure digital platform.
Under the scheme, investors can participate in both primary auctions and the secondary market without the involvement of financial intermediaries. The ecosystem supports participation in primary issuance and access to eligible secondary-market transactions together with investor services such as Treasury Bills, Central Government Securities, State Development Loans and Other eligible government securities.
The RDG account can be opened and maintained without any account-opening or maintenance charges. By making Government Securities more accessible to the common investor, the scheme promotes wider retail participation in India’s Government Securities market and supports greater financial inclusion and investment awareness.
