Sovereign Gold Bond - All you want to know.

Sovereign  gold bond are issued by RBI. SGB are denominated in grams of gold. They are substitute for holding physical gold.

Sovereign Gold Bond

Unit size 1 Gram

Tenure 8 years

Maximum buy - 4 KG in fiscal year

Rate of interest-2..5% on amount invested annually over and above appreciation of price.

Where to get application form-Issuing bank, post office and RBI web site.

Premature resumption allowed - Yes

What KYC requires Pan card no

Whether joint holding is allowed-yes

Can a minor invest in SGB-Yes

Is TDS applicable on bond-No

Capital gains at maturity if any is tax free.

  Passage is just for info purpose please read documents before investing.


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