RBI Sovereign Gold Bond Scheme

The Sovereign Gold Bond scheme, issued by the RBI on behalf of Government of India allows you to enjoy the benefits of investing in physical gold along with additional assured interests.

Offer period from 1st Sept to 9th Sept 2016.

Here’s why you should invest:

  1. Freedom from hassle of storing physical gold.
  2. Earn additional 2.75% (Fixed Rate) interest p.a. on the amount of initial investment

  3. Can be used as collateral for Loans & Tradable on exchange

  4. Exempt from Capital Gains Tax on redemption

 

rbi-sovereign-gold-bond-scheme


Key features:

Issue price: 3,150 per gram of Gold

Subscription limit: Minimum 1 grams and thereafter in multiples of 1 unit, Maximum 500 grams per person

Maturity: 8 years from date of issue with exit option from 5th year, to be exercised on the interest payment dates
 

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