NSE goBID: how it works, costs and limits (2026)

NSE goBID

NSE pools retail bids for government securities and places one non-competitive bid with RBI, so every retail bidder gets the auction's weighted average price. You reach it through a broker or the goBID web portal; the goBID mobile app has been suspended since the end of 30th Jul 2025, and goBID's own fees were not confirmed.

Verified 17th Oct 2026

Key facts

Run by

National Stock Exchange, as facilitator: it aggregates retail bids and submits one bid to RBI reported source

What you can buy

G-secs, T-bills and SDLs in primary auctions, non-competitive reported source

How you reach it

Through a stock broker (trading member) or the goBID web portal reported source

goBID app

Launched Dec 2018; temporarily discontinued from end of day 30th Jul 2025 until further notice (NSE circular of 29th Jul 2025) reported source

Fees

goBID's own fee not confirmed. Broker fees run from ₹0 (Zerodha, Fyers) to 0.06% plus GST (Upstox, HDFC Securities) source

Minimum

₹10,000 face value and multiples source

Maximum

₹2 crore face value per security per auction for dated Government of India securities source

Price you get

Weighted average price or yield of the auction reported source

Retail reservation

5% of each T-bill issue is reserved for non-competitive bids source

Bid windows

Set by each broker; Fyers, for example, takes T-bill bids Mon 10:00 to Tue 17:00 for the Wednesday auction source

Where your securities sit

In your demat when bought through a broker source

Selling before maturity

On the exchange cash segment, where G-secs and SDLs trade at the dirty price source

NRI access

Depends on the broker; not verified for goBID source

BSE Direct

Current status and fees not found in our research source

Sells: G-secsT-billsSDLs

How does NSE's non-competitive bidding work?

NSE collects retail bids for an auction and submits a single non-competitive bid to RBI; every retail bidder is then allotted at the weighted average price or yield of the competitive auction (NSE). Retail investors reach the scheme through a stock broker or NSE's goBID portal.

Brokers quote a minimum of ₹10,000 face value in multiples of ₹10,000 and a maximum of ₹2 crore face value per security per auction for dated Government of India securities, and 5% of each T-bill issue is reserved for non-competitive bids (HDFC Securities). The process for T-bills is in how to buy T-bills; for dated bonds and state loans see how to buy G-secs and SDLs.

Is the goBID app still working?

No. NSE's circular of 29th Jul 2025 said the goBID mobile app was temporarily discontinued from end of day 30th Jul 2025 until further notice, with the goBID web portal continuing (NSE circular IPO69351). The app had launched in Dec 2018 (Business Standard). We found no notice that it has been reinstated as of 17th Oct 2026.

In practice most retail investors now reach NSE's scheme through their broker's bid screen, or bid directly with RBI on RBI Retail Direct.

What does it cost to bid through NSE?

It depends on the broker. goBID's own fee, if any, was not confirmed in our research. Brokers that route bids into the scheme charge either nothing or the 0.06% cap:

Route	Fee on a primary G-sec, T-bill or SDL bid
RBI Retail Direct	₹0 (payment gateway charges extra)
Zerodha	₹0 since 1st Mar 2024
Fyers	₹0
Upstox	0.06% of allotment plus 18% GST
HDFC Sky	0.06% (6 paise per ₹100) plus GST

On a ₹1 lakh allotment the 0.06% route costs ₹70.80 including GST. If you sell before maturity, brokers also charge delivery brokerage and a DP fee, for example ₹15.34 per scrip at Zerodha (Zerodha charges).

When can you place a bid?

Before your broker's cut-off, which falls ahead of RBI's auction. Fyers publishes these windows, last updated 24th Sep 2026 (Fyers support):

Security	Bid window	Auction	Settlement
G-secs	Tue 10:00 to Thu 16:00	Fri	Mon
T-bills	Mon 10:00 to Tue 17:00	Wed	Thu
SDLs	Mon 10:00 to 17:00	Tue	Wed

Other brokers' cut-offs may differ, so check your broker's bid screen. BSE runs a similar route through BSE Direct, but we found no current source on its status or fees.

Questions people ask

Is the NSE goBID app still available?

No. NSE suspended the goBID mobile app from end of day 30th Jul 2025 until further notice. The goBID web portal continues.

What price do I get on a non-competitive bid?

The weighted average price or yield of the competitive auction. You cannot set your own yield.

What is the minimum bid through NSE's scheme?

₹10,000 face value and multiples, up to ₹2 crore face value per security per auction for dated Government of India securities, as quoted by brokers.

Do I pay a fee to bid through NSE?

goBID's own fee was not confirmed. Brokers charge between ₹0 (Zerodha, Fyers) and 0.06% plus GST (Upstox, HDFC Securities) on the allotment.