The Reserve Bank of India’s Retail Direct Scheme, initiated in 2021, offers a simplified route for Non-Resident Indians (NRIs) to invest in government securities, state development loans, and treasury bills. Although sovereign gold bonds and floating rate bonds are not yet available through this platform, NRIs can benefit from the zero-commission structure and absence of maintenance fees. With over 32 million NRIs and OCIs globally, the scheme provides an accessible channel for retail investors. The step-by-step guide outlines the process of opening an RBI Retail Direct Account, emphasizing the need for specific documentation and compliance with FEMA regulations for NRI investors.