Sovereign Gold Bonds Scheme

Sovereign Gold Bonds Scheme

Sovereign Gold Bonds are the safest way to buy and store gold, since it is "E - gold", no physical lockers are required to store it. 

Bonds are issued by Govt. of India, so it's also the safest way to hold gold. You also get an assured 2.50% p.a. interest every 6 months too.

When you are happy with the gold appreciation you are free to en-cash by selling your gold (bond) on the exchange (on listing in stock exchanges for trading) or redeem (from 5th year onwards). You can also avail a gold loan.

This certainly is the best available form of accumulating gold, say for your daughter's wedding or will come in handy to gift a big piece of Gold Ornaments to your beloved wife on a special occasion in the future. Carries no reduction on prevailing price of gold at the time of early redemption (post 5 years) or at maturity.

Product Details

Only Resident Indian entities including Individuals, HUFs, Trusts, Universities, and Charitable Institutions can buy these Bonds.

Interest will be credited semi-annually in the investor's account.

Minimum subscription of 1 Gram and Maximum investment of 4 kg for individuals, 4 kg for Hindu Undivided Family (HUF) and 20 kg for trusts and similar entities notified by the government from time to time per annum.

It is mandatory for investors to provide bank account details to facilitate payment of interest / maturity value.

Redemption after 8 years from date of issue with a lock in of 5 years.

Why invest in Sovereign Gold Bonds?

Safest way to buy and store gold, since it is "Digital Gold", no lockers required to store it.

Earn 2.50% assured interest per annum on the investment.

Asset appreciation opportunity plus assured interest.

Issued by Government of India. Trade able on Stock Exchange.

No TDS applicable.

Can be used as collateral for Loans.

Loan Against Sovereign Gold Bonds:

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