Sovereign Gold Bonds :
A sovereign gold bond (SGB) is a government security that is denominated in gold grams. It is a substitute for physical gold. Investors invest in these bonds when the scheme opens and it is redeemed on maturity. The Reserve Bank of India on behalf of the Government of India manages the sovereign gold bond scheme.
Contact us
- Joint holders and nominees permitted:
- Fixed interest rate:
- Transparency in prices:
The sovereign gold bond offers joint holders and nominees to the investors.
Interest will be earned on the Sovereign Gold Bonds at the rate of 2.5% annually, paid semi-annually.
The prices of the gold bond are transparent since they are linked to the price of gold in the market.
- Joint holders and nominees permitted:
- Fixed interest rate:
- Transparency in prices:
- Bonds traded on the stock exchange:
The sovereign gold bond offers joint holders and nominees to the investors.
Interest will be earned on the Sovereign Gold Bonds at the rate of 2.5% annually, paid semi-annually.
The prices of the gold bond are transparent since they are linked to the price of gold in the market.
Bonds held in demat form will be eligible to be traded on the stock exchanges.
- Bonds traded on the stock exchange:
- Minimum and maximum investment:
- Exit option:
- Mode of payment
Bonds held in demat form will be eligible to be traded on the stock exchanges.
The minimum investment that can be made in this bond is 1 gram. Each individual or HUF can hold a maximum of 4 kgs every year in such bonds. For trusts, charitable institutions, the maximum limit is 20 kgs.
There is an exit option for investors after the 5th year of the date of issue of the Bond. Repayments will be done on the next interest payment date.
Cash, demand draft, cheques, internet banking/bob World are acceptable modes of payment for the sovereign gold bond scheme, India. However, cash is only accepted up to Rs. 20,000.
- Minimum and maximum investment:
- Exit option:
- Mode of payment
The minimum investment that can be made in this bond is 1 gram. Each individual or HUF can hold a maximum of 4 kgs every year in such bonds. For trusts, charitable institutions, the maximum limit is 20 kgs.
There is an exit option for investors after the 5th year of the date of issue of the Bond. Repayments will be done on the next interest payment date.
Cash, demand draft, cheques, internet banking/bob World are acceptable modes of payment for the sovereign gold bond scheme, India. However, cash is only accepted up to Rs. 20,000.
