New Delhi: Looking to invest in gold with added benefits? The government has announced two new tranches of Sovereign Gold Bonds (SGBs) – Series III and Series IV. These bonds offer a secure way to invest in gold and earn guaranteed returns.
Subscription opens on December 18th and closes on December 22nd, 2023. ()
Bonds are issued on December 28th, 2023. ()
Subscription opens on February 12th and closes on February 16th, 2024.
Bonds are issued on February 21st, 2024.
These bonds are open to individuals, families, trusts, universities, and charitable institutions.
The minimum investment is one gram of gold, and the maximum limit varies:
Individuals: 4 kg per year
Hindu Undivided Families (HUFs): 4 kg per year
Trusts and similar entities: 20 kg per year
Earn a fixed interest rate of 2.5 percent per year, paid twice a year.
Backed by the government of India, making them a safe investment.
Interest earned is exempted from income tax.
The value of gold fluctuates, but it has historically trended upwards, offering potential for capital appreciation.
Bonds can be redeemed after five years or traded on stock exchanges.
– Visit your nearest bank, post office, or stock exchange.
– Invest online for a discount of Rs.50 per gram if you pay digitally.
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