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December 28, 2020
Now Open: SGB 2020-21 – Series IX
| Security Symbol | Issue Period | Date of Allotment | Issue Price per gram |
|---|---|---|---|
| SGB202109 | December 28 2020 - January 01, 2021 | January 05, 2021 | - Offline Bid: Rs 5,000 - Online Bid: Rs 4,950 (if you apply online and pay via digital mode) |
The sovereign gold bond scheme is a Government of India undertaking that allows you to purchase gold on paper. This is an easy alternative for investors who want to invest in gold but don't want the hassle associated with purchasing gold in physical form.
Here are Top 5 Super Benefits that SGBs provide:
- No storage risk or cost
- No default risk
- No GST or STT
- Tradable on exchanges
- Can be used as Loan Collateral
