What is RBI Retail Direct Scheme | What is Bond | What is the advantage?
What is RBI Retail Direct Scheme : The Government of India has started the RBI Retail Direct Scheme, in which now any person can invest his money in this scheme. What is RBI Retail Direct Scheme and how it works, how to invest in it, what are its benefits, what is the risk, let us know.
What is RBI Retail Direct Scheme?
If we talk about investment, then there are many types of it by which you can invest money in different schemes. Apart from this, there is a stock market in which you can invest your money and take good benefits after a long time.
In which you can invest in stocks with the help of a broker, you can keep your money in mutual funds, apart from this you can also get FD i.e. fixed deposit of your money, if you have kept your money in the stock market then according to the market you will get There is profit as if the market goes up then you will be benefited otherwise you can suffer many losses due to the market going down. In all these schemes, a part of your money remains with the company and the bank.
What is Bond
Bond is such a thing in which the company or bank issues its bonds and you can buy it like a stock. In which you can invest directly, there is no broker in it and you get full money without any commission.
There are several types of bonds such as corporate bonds and public sector enterprise bonds (PSE bonds). When the government adds its new security, it issues its bonds to sell in the market.
Both the central government and the state government sell bonds, in which you can invest.
Reserve Bank of India (RBI) has issued its new bonds and launched a new scheme RBI Retail Direct Scheme so that everyone can buy it. In this, your money is absolutely safe because this scheme belongs to the government and your money remains with the government.
How to take advantage of RBI Retail Direct Scheme?
To take advantage of RBI Retail Direct Scheme, you have to first open an account with RBI. For this, you can open an account by visiting the official website of RBI, for this you will have to fill Aadhar card and some details, which you can get complete information by visiting the official website.
After opening the account, you can invest in it. Let us know how to invest in RBI bonds.
How to invest?
Bonds can be bought only when there is a new government security issue.
It is just like the stock market. Just like you take stock of a company, you can take a bond and if you already have a bond then you can also sell it. Its payment is also done through upi and is absolutely secure.
Advantages
• The biggest advantage is that it is completely 99.99% secure.
• No intermediary
• No brocker
• No fund manager
• Direct invest
• no commission
• Risk free
• online transaction
• High trusted