6 Reasons you must invest in Gold Bonds Returns, iiQ8 info

6 Reasons you must invest in Gold Bonds Returns, iiQ8 info
State Bank of India
Six reasons you must invest in — Sovereign Gold Bonds
Returns & Safety Together

  1. Assured returns of 2.50% p.a. payable half-yearly

2. No Capital Gain Tax on Redemption
3. Can be used as collaterals for loans
4. Secure, no storage hassles like physical gold
5. Liquidity: Tradable on exchanges
6. No GST and making charges unlike in Physical Gold
SBI Customers Can Directly Invest on INB Under e-services
For Details, Visit bank.sbi
or Call 1800 11 22 11

Last Updated On : Wednesday, 27-10-2021

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Sovereign Gold Bond Scheme was launched by Govt in November 2015, under Gold Monetisation Scheme. Under the scheme, the issues are made open for subscription in tranches by RBI in consultation with GOI. RBI Notifies the terms and conditions for the scheme from time to time. The subscription for SGB will be open as per following calendar. The rate of SGB will be declare by RBI before every new tranche by issuing a Press Release.
As per RBI instructions “Every application must be accompanied by the ‘PAN Number’ issued by the Income Tax Department to the investor(s)’’ as the PAN number of the first/ sole applicant is mandatory.

Last Updated On : Monday, 01-11-2021

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December 8, 2021 1:18 PM

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