Earn Up to 7%+ Safely
The RBI is auctioning ₹24,000 crore worth of short-term government Treasury Bills — for 91, 182, and 364 days. Individual Indians can invest directly through the RBI Retail Direct portal with no broker, no fees, and full government backing. It's one of the safest ways to park money short-term and earn better returns than a regular savings account.
A typical Indian savings account pays just 2.5–3.5% interest. A 364-day Treasury Bill currently yields around 6.3–6.8% — that's nearly double the return on the same money, and it's backed by the Government of India. That difference on ₹1 lakh works out to roughly ₹3,000–₹4,000 extra per year — enough to cover your monthly grocery run.
This T-Bill auction gives you a rare chance to lend directly to the Government of India and earn 6–7%+ on your short-term savings — far more than your savings account pays you right now.
Key Takeaways
Visit rbiretaildirect.org.in and open a free Retail Direct account — you can invest in T-Bills with as little as ₹10,000 with zero broker commission and full sovereign (government) safety.
If you have idle money sitting in a savings account for 3, 6, or 12 months — a T-Bill is a smarter, safer alternative that gives nearly double the interest with no lock-in penalty at maturity.
Don't miss the non-competitive window: individual investors must submit bids before 11:00 AM on April 15, 2026 through the RBI Retail Direct portal — late bids will not be accepted.
If your money is sitting idle in a savings account earning 3%, there's a better option available this week — directly from the Reserve Bank of India.
The RBI has announced an auction of Treasury Bills (T-Bills) worth ₹24,000 crore on April 15, 2026. These include 91-day, 182-day, and 364-day bills. The good news? Individual Indians — not just banks or big institutions — can participate as retail investors through the RBI Retail Direct portal (rbiretaildirect.org.in), completely free of charge.
Treasury Bills are short-term borrowing instruments issued by the Government of India. When you invest in a T-Bill, you're essentially lending money to the government for a fixed period — 3, 6, or 12 months — and getting it back with interest at maturity. Since the issuer is the Government of India, the credit risk is virtually zero. Current T-Bill yields hover between 6.3% and 6.8% depending on tenure — significantly higher than what most savings accounts or short-term FDs offer today.
For retail investors, the process is simple. You submit a non-competitive bid, which means you accept whatever yield the auction discovers — no complex pricing needed. Allocation is capped at 5% of the notified amount for retail participants. The minimum investment is ₹10,000. If you're planning a big expense in 3–12 months — a holiday, a down payment, a school fee — a T-Bill is an excellent low-risk parking spot for that money. You can also explore and compare other fixed-income options on GoCredit to find what suits your timeline and risk appetite.
Pro tip: Open your RBI Retail Direct account before April 15 — the process takes a day or two for verification. Non-competitive bids close at 11:00 AM sharp on auction day, so don't wait until the last minute.
Explore Safe Investment Options
Open GoCredit App →