Under the Sovereign Gold Bond scheme, RBI issues gold-denominated bonds on behalf of the Government of India. The tenure of Gold Bonds is eight years, with an exit option after five years. The minimum investment under the Sovereign Gold Bond Scheme 2022-23 is 1 gram & maximum investment is 4 Kg per PAN. SGBs are a perfect alternative to physical Gold.
Your investment under the Sovereign Gold Bond Scheme will get you 2.5% interest per annum, on top of value appreciation. So please do not wait; connect with our investment experts & avail guaranteed interest, along with the safety of Gold.
For ages, Gold has been considered the most reliable investment option.
Today, with the rising risk potential in the current market, it's vital for investors to
diversify their investments for Capital Protection & Growth. The Sovereign Gold Bond
Scheme offers that benefit to investors!
Why Invest in Gold via Sovereign Gold Bonds schemes (SGBs)?
SGB Series | Application dates | Issue date | SGB Price | Status |
---|---|---|---|---|
SGB 2023-24 Series IV |
12th Feb to 16th Feb2024 |
21st Feb 2024 | 6,263 per gm | Closed |
SGB 2023-24 Series III |
18th Dec to 22nd Dec 2023 |
28th Dec 2023 | 6,199/- Per gm | Closed |
SGB 2022-23 Series III |
19th Dec to 23th Dec 2022 |
27th Dec 2022 | 5,359/- Per gm | Closed |
SGB 2022-23 Series II |
22th Aug to 26th Aug 2022 |
30th Aug 2022 | 5,147/- Per gm | Closed |
SGB 2022-23 Series I |
20th June to 24th June 2022 |
28th June | 5,041/- Per gm | Closed |
SGB 2021-22 Series X |
28th Feb to 4th March 2022 |
8th March | 5,109/- Per gm | Closed |
SGB 2021-22 Series IX |
10th Jan to 14th Jan 2022 |
18th January | 4736/- Per gm. | Closed |
SGB 2021-22 Series VIII |
29th Nov to 3rd Dec 2021 |
7th December | 4741/- Per gm. | Closed |
Peace of Mind
The RBI of India issues sovereign gold bonds on behalf of the Government of India under the RBI
sovereign gold bond scheme. Each unit of SGB is backed by 1 gram of Gold. Its value changes with
the change in the value of the physical Gold. So, you can have complete peace of mind about the
safety of your investment.
Hassle-free storage
With physical Gold, the biggest issue is the safe storage environment.
Secure storage for physical Gold will cost you more than SGB as SGB are
in your demat account, which can be opened with RKFS for a minimum charge
for a lifetime. All your investments are safe in digital form. So, you save
big on storage expenses.
Guaranteed Returns
With the Sovereign Gold Bond Scheme, you get a guaranteed 2.5% return on your investment.
That is an added benefit over the appreciation of the gold value. You only get such a benefit
if you invest in physical Gold. So, if you are keeping your spare money in a Savings Account,
it is better to invest it in the SGBs for better returns.
Tax-free Capital Returns
If you hold the bonds under Sovereign Gold Bond Scheme till maturity, i.e., for eight
years, your gains will be exempted from Capital Gain Tax. It is a significant benefit over
physical Gold as the Capital Gain on the selling of Physical Gold is taxable.
Option to exit after five years
The maturity of bonds under the Sovereign Gold Bond Scheme is set at eight years. But, if you need
money & want to exit your investment anytime, as they are tradeable on the stock exchange, you can
do so after five years. Such an early exit option is helpful for investors looking for a medium-term
investment option.
Sovereign gold bond price today
When you plan to buy a sovereign gold bond, the price of every tranche is different as
it fluctuates per the price of Gold in the international market and is disclosed online
a day before the tranche is open for subscription.
RKFS is India's leading financial advisor that helps investors protect & grow their wealth using multiple investment options. At RKFS, we focus on top-rated investment consultation & asset management for our clients, helping them generate optimum returns.
Transparency & Integrity
Transparency & Integrity are the driving forces behind RKFS. We place the utmost importance on
the investments of our clients & do everything to ensure optimum wealth creation.
Extensive Experience
We have extensive experience in managing wealth for investors from every category.
Whether HNIs or small retail investors, we serve them all with the same dedication.
Trust
We have earned the Trust of more than 20,000 satisfied investors throughout our journey.
This Trust is our true asset & we are committed to growing this asset with every passing day.
Top-notch services
Whether investment consultation or asset management, you will get top-notch services at RKFS.
We have carved a niche by offering unparalleled services to our valued clients.
RKFS answers all your financial needs as we are member brokers of BSE and BSE STAR MF and are
the solution for sovereign gold bond BSE.
So, what are you waiting for: open your Demat account today with the best Demat account
broker RKFS and start with your investing Journey to create a future for yourselves and your
family with financial freedom with sovereign gold bond investment.
Buy sovereign gold bonds online with the latest price and secure your future with the sparkle
of RBI sovereign gold bonds in your online Demat account. So, let's stay focused and active and
keep track of upcoming sovereign gold bond 2023 and invest for a sparkling future.
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The shine of gold never fades. The price keeps on fluctuating. Despite this, investing in gold is considered the best. Therefore, people are most interested in buying gold.
Read More
Homeinvestment goldThe Best Way To Invest In Gold For A Beginner
The Best Way To Invest In Gold For A BeginnerJanuary 2, 2021
Gold is one of the most important tools used by investors and traders to work in the financial markets.
People have loved gold for centuries. Its use as a currency or raw material for jewelry or decoration has made it synonymous with luxury and abundance. Given such an important cultural scope, it is worth wondering if gold- or another raw material- can be a good investment.
Read More
According to the reports, buying and selling of gold between the starting three months of 2021 grew by 37% as compared to the year 2020.
The demand for gold was 216.1 tonnes as recorded during the first 6 months of this year, according to The Economic Times.
Bonds are a form of financial investment that involves lending money to an institution against an agreed rate of interest. They are used by the government to finance new projects or new infrastructures. Investors, on the other hand, receive defined interest at regular intervals.
Read MoreSince last few months, it has been noticed that many Indians have started investing in Sovereign Gold Bonds more as compared to physical gold but why is it so?
Read MoreTBD
TBD
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4 kg is the maximum quantity in one financial year.
TBD
The rate of interest is fixed at 2.5%
The interest amount is credited on half yearly basis in the registered bank account.
All the investors who apply for SGB, through an online platform receive a discount of Rs 50 per gram, as per RBI rules.
The certificate of holding will be directly sent to your email, associated with your account.
You want to keep in mind that, on maturity, Capital gains are not taxable. But if you choose to go with premature redemption Capital will becomes taxable.
If the Gold prices decline in the market, the Capital will decline. However, there will be no loss in the quantity of gold bought.
On SGB's date of insurance, a holding certificate will be issued for you.
The Amount you receive, on maturity, will be equal to the market value of the gold.
Both redemption and interest amounts will be credited to your registered bank account.
From the date of issue, the maturity period is 8 years.
Yes, early redemption is allowed
For selling the SGB investment during the lock-in period, you need to list your investment on the exchanges.
Yes, it is possible to use your SGB investment as collateral for loans.