Sovereign Gold Bonds

Prevailing market value of gold on maturity
2.50% p.a assured interest
The Sovereign Gold Bond scheme, issued by the RBI on behalf of Government of India allows you to enjoy the benefits of investing in physical gold along with additional assured interest.
Offer period from 08th June, 2020 to 12th June, 2020.

Key features:

Offer period:
Subscription opens on 08th June, 2020 and closes on 12th June, 2020. Bonds will be issued on 16th June, 2020 by the Reserve Bank of India.
Issue price:
 4,677/gram. (Government of India, in consultation with the Reserve Bank of India, has decided to offer a discount of  50 per gram less than the nominal value to those investors applying online and the payment against the application is made through digital mode, hence,  4,627/gram).
Subscription limit:
Minimum investment in the Bonds shall be one gram with a maximum limit of subscribed shall be 4 Kg for individual, 4 Kg for HUF and 20 Kg for trusts and similar entities per fiscal (April-March) notified by the Government from time to time.
The tenor of the Bond will be for a period of 8 years, with an exit option after the 5th year to be exercised on the interest payment dates.

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