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Money word, in simple language

RBI Retail Direct

The RBI's online portal that lets individuals buy and sell government bonds and T-bills directly.

Debt funds Figures verified 2026-11-03

Example. Through RBI Retail Direct, you can bid for a 182-day T-bill from 10,000 rupees without a broker.

RBI Retail Direct is the RBI’s portal that lets you hold government securities in your own gilt account with the RBI, no broker needed. You can bid in primary auctions for Treasury bills, dated G-secs and state development loans, and trade them later. See bonds and government securities.

Questions people ask

What is RBI Retail Direct?

It's an RBI scheme and online portal, launched in November 2021, where individuals open a Retail Direct Gilt account with the RBI and buy government securities: Treasury bills, dated G-secs and state development loans, in auctions or from other investors.

Does RBI Retail Direct charge a fee?

The RBI charges no fee to open or maintain the account, and none for submitting bids in primary auctions. You bear any payment gateway charges when you fund a purchase. The minimum for T-bills, G-secs and state loans is 10,000 rupees.

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