Invest in the Live Sovereign Gold Bond scheme

Gold Bond scheme: The Sovereign Gold Bond Scheme, issued by RBI on behalf of the Government of India allows you to enjoy the benefits of investing in physical gold and additional assured interest.

Invest in the live Sovereign Gold Bond scheme

Why you should invest

Freedom from the hassle of storing physical gold
Earn an additional 2.50% (Fixed Rate) interest p.a. on the amount of initial investment
It can be used as collateral for Loans and tradable on exchange
Exempt from Capital Gains Tax on redemption (Individual)

Sovereign Gold Bond 2023-24

Offer period:
Subscription opens on November 29, 2021, and closes on December 3, 2021. Bonds will be issued on December 7, 2021, by the Reserve Bank of India.

Issue price:
Rs.4,791/gram. (Government of India, in consultation with the Reserve Bank of India, has offered a discount of Rs. 50 per gram less than the nominal value to those investors applying online and the payment against the application is made through digital mode, hence, Rs.4,741/gram).

Subscription limit:
Minimum investment in the Bonds shall be one gram with a maximum limit of subscribed shall be 4 Kg for individuals, 4 Kg for HUF, and 20 Kg for trusts and similar entities per fiscal (April-March) notified by the Government from time to time.

The tenor of the Bond will be for a period of 8 years, with an exit option after the 5th year to be exercised on the interest payment dates.

To buy your Sovereign Gold Bond

Apply through the Kotak Mobile Banking App.
Watch demo video
Apply via Kotak Net Banking
Call our Customer Contact Centre on 1860-266-2666 *
Visit your nearest Kotak Mahindra Bank

Important link

Information In GujaratiView

Thanks for visiting this useful post, Stay connected with us for more Posts. Visit every day for the latest offers of various brands and other technology updates.

Leave a Comment

વોટ્સએપ ગ્રુપમાં જોડાવા અહીં ક્લિક કરો