Sovereign Gold Bond Scheme are government securities denominated in grams of gold. They are substitutes for holding physical gold. Investors have to pay the issue price in cash and the bonds will be redeemed in cash on maturity. The Bond is issued by Reserve Bank on behalf of Government of India. Persons resident in India as defined under Foreign Exchange Management Act, 1999 are eligible to invest in SGB. Eligible investors include individuals, HUFs, trusts, universities, charitable institutions, etc.

Did you find this information helpful?

Did you find this information helpful?

Yes, the page information proves to be beneficial.

It's moderately helpful.

No, the page information does not provide useful information.

Link/Information Usability Assessment *

Captcha

Captcha code*

Submit