RBI Retail Direct - Buy Govt bonds online

This week, govt launched a long-awaited portal called RBI Retail Direct which allows investors to buy and sell various kinds of govt bonds online. You can directly buy the bonds without any intermediary and without any Demat account. All you need to do is open a Retail Direct Gilt (RDG) account on the website.

The retail investors will be able to buy bonds in primary and secondary markets. Primary market means when a bond is issued for the first time and secondary market means buying and selling of bonds after they are issued. Note that there is no intermediary/agent in this and you will be directly dealing with RBI here and all your bonds will be with RBI itself. This is 100% FREE service and there are no charges at any stage.

https://rbiretaildirect.in/