Sovereign Gold Bonds
Investment in GOLD is always correct -MD (RKFS)
- Application dates SG
- Issuance date
- SGB 2021-22 Series V
- 9 Aug - 13 Aug
- 19 Aug
- SGB 2021-22 Series VI
- 30 Aug - 3 Sep
- 9 Sep
The most preferred gold investment
Govt. backed gold bonds
2.5% annual interest, paid every 6 months
Zero capital gains tax on maturity
100% secure & free gold storage
How it works
Apply to an open series
SGBs will be credited to your demat account
Earn interest while you hold
Receive 2.5% interest per annum (paid semi-annually)
Enjoy tax-free maturity
SGBs mature in 8 years. However, you can redeem anytime after 5 years
FY21-22's SGB fifth series Opening date is 30 August at 10.00 a.m.
FY21-22's SGB fifth series closing date is 3 September at 3.00 p.m.
Per gram, the issue price is Rs 4,740
4 kg is the maximum quantity in one financial year.
August 17, 2021, is the official date.
The rate of interest is fixed at 2.5%
The Amount is credited, every 6 months in the registered back 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 however it's only allowed after a lock-in period of 5 years.
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.