New Delhi: Looking for a safe way to invest in gold that also earns you interest? The government has two new options for you: Sovereign Gold Bonds (SGBs) Series III and Series IV.
No need to store or worry about the price of physical gold. These bonds represent gold ownership with the government’s guarantee. ()
Get a steady 2.5 percent interest rate on your investment, paid twice a year. ()
Backed by the government, these bonds are a low-risk investment option.
The interest you earn is tax-free, making your investment even more attractive.
Gold prices typically rise over time, so you could see your investment increase in value.
Choose between two series with different subscription dates:
Series III: Opens December 18th, closes December 22nd, 2023.
Series IV: Opens February 12th, closes February 16th, 2024.
Anyone can invest in SGBs, including individuals, families, trusts, universities, and charities.
Start with as little as one gram of gold, and invest up to:
4 kg per year for individuals and Hindu Undivided Families (HUFs)
20 kg per year for trusts and similar entities
Head to your nearest bank, post office, or stock exchange. You can also invest online for a small discount if you pay digitally.
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