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Sovereign Gold Bond 2023 Tranch II

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We are delighted to announce the next batch of Sovereign Gold Bond is up for grabs from September 11th to September 15th.

Sovereign Gold Bond

Sovereign Gold Bond is the ideal way of investing in Gold as it has multiple benefits :

  1. RBI approved Sovereign Gold Bonds
  2. Earn interest rate of 2.5 % per annum
  3. No wastage charges / Making charges / Locker charges as applicable for Physical gold
  4. Invest from as low as 1 Gram of Gold
  5. Market price of 999 purity gold
  6. Complete online process
  7. No capital gains tax if held till maturity of 8 years.
  8. Exit option every 6 months after 5 years from issuance.

One thing you must keep in mind while allocating funds to gold via SGB’s is that they carry lock-in of 8 years. However one can always sell these bonds in secondary market.


Frequently Asked Questions

How can subscribe to SGBs?

You can subscribe to new series for SGB through various online mode such as your broker or your bank. Meta Investment offer you integrated option of subscribing to SGBs directly. Connect today with us for subscribing to SGB.

Are SGBs traded on stock exchanges?

Yes, SGBs can be bought and sold on stock exchanges through designated market makers.

Are SGBs a good investment option for long-term goals?

SGBs can be suitable for long-term goals as they offer a fixed tenure of 8 years and potential capital appreciation.

Do I need a demat account to invest in SGBs?

To invest in sovereign gold bonds, you do not need a demat account. Customers who do not have a demat account will receive both physical and electronic certificates.

How is the interest on SGBs paid?

The interest on SGBs is paid semi-annually directly to the investor's bank account.

Can I sell SGBs before the maturity period?

Yes, SGBs can be sold on stock exchanges after the fifth year of the bond's tenure.

(Updated: )

Tushar
Tushar Seasoned Financial Companion | Mutual Fund Distributor | Providing Expert Guidance to Help Clients Achieve Their Financial Goals 📈💼 | Ex- Software Developer
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