Sovereign Gold Bonds - Series VIII - Good way to invest in Gold - Issue Open on Jan 2019
Sovereign Gold Bond (SGB) Investing in gold is much more easy and convenient now. With the Government of India's Sovereign Gold Bonds Scheme you can earn an assured interest rate eliminating risk and cost of storage. Subscription Period Issue Price per gram (₹) Investment limit for Individuals Interest per annum Date of Issuance Jan 13 - Jan 17 , 2020 Rs 4016- Rs 50 Rs 3966 ( Rs 50 Discount to online Investors) Minimum:1 gram Maximum:4 Kg* 2.50% Jan 21, 2020 Maximum limit for Hindu Undivided Family(HUF): 4 Kg. Trusts and similar entities : 20 Kg. Above limits are subject to change as per notification from Government through RBI Sovereign Gold Bond Features Eligibility: The bonds will be restricted for sale to resident Indian entities including individuals, HUFs, Trusts, Universities and Charitable institutions. Denomination: The bonds will be denominated in units of one gram of gold and multiples thereof. Minimum size: Minimum permissible investme...
