India Markets
RBI Retail Direct: Buy Government Bonds With Zero Fees
RBI Retail Direct lets you buy G-Secs, T-bills and state bonds with zero account or brokerage fees.
Minimum is just ₹10,000, in multiples, with a cap of ₹2 crore per security per auction.
Non-competitive bidding means you get the auction's average rate without quoting a price.
Held till maturity, sovereign bonds carry no default risk — but interest is taxed at your slab rate.
Selling early on NDS-OM exposes you to price swings when interest rates move.
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