SGB

About SGB

What is Sovereign Gold Bonds (SGB)? Who is the issuer?
SGBs are Government Securities denominated in grams of gold. They are substitutes for holding physical gold. The Bond is issued by the Reserve Bank on behal...
Fri, 3 Jun, 2022 at 6:01 PM
What is the minimum and maximum limit for investment?
The Bonds are issued in denominations of one gram of gold and in multiples thereof. Minimum investment in the bond shall be one gram with a maximum buying l...
Fri, 3 Jun, 2022 at 6:10 PM
Who is eligible to invest in the SGBs?
The bonds will be restricted for sale to resident Indian entities including individuals, HUFs, Trusts, Universities and Charitable institutions.
Fri, 3 Jun, 2022 at 6:11 PM
Can I buy 4Kg in the name of each of my family members?
Yes, each family member can hold the bond if they satisfy the eligibility criteria for investing in Sovereign Gold Bond.
Fri, 3 Jun, 2022 at 6:11 PM
What will be the tenor of the Sovereign Gold Bond?
The tenor of the bond will be for a period of 8 years with exit option after 5th ,6th and 7th year.
Fri, 3 Jun, 2022 at 6:12 PM
Can I encash the bond anytime I want? Is premature redemption allowed?
Though the tenor of the bond is 8 years, early encashment/redemption of the bond is allowed after fifth year from the date of issue on coupon payment dates....
Fri, 3 Jun, 2022 at 6:13 PM