RBI RDG Scheme Benefits: If you are looking for safe investment options, then the Central Reserve Bank has come up with a great offer for you. You can get maximum benefits by investing in RBI Retail Direct Scheme. You can easily buy and sell government bonds by opening an account with the Reserve Bank. The government had announced about this scheme in February of the year 2021, which was launched in the end of the year 2021. By investing in this scheme, you get huge profits along with government security.
What is RBI Retail Direct Scheme?
Through the RBI Retail Direct Scheme, now small investors will be able to buy and sell Government Securities (G-Secs) at one place. Now investors can open Gilt Securities Account in collaboration with RBI and can invest in government securities from one place without any hassle. You will not have to pay any fee to open this account. Along with this, you can also get good profits. You do not need to go there to open this account. You can open an account sitting at home only through the online portal.
To open an account under RBI Retail Direct Scheme, these documents are required-
Any official document for KYC like- Aadhar Card, Voter ID, etc.
valid email id
Register on the online portal like this-
For this, you go to the official website of the bank and login to RBI Retail Direct. After this, enter your PAN number, bank account number, mobile number and email id here. After that you complete the KYC process. Your free RBI Retail Direct Scheme account will be opened as soon as you complete the KYC process. Now you can invest in Government Securities without any hassle. Explain that the reason behind the introduction of this scheme by RBI is to improve the access and investment method of government securities.