Sovereign Gold Bonds

FY21-22's SGB Eighth series closing date is 3rd December at 3.00 p.m.

Rs- 4741/- Per gm.

4 kg is the maximum quantity in one financial year.

December 07, 2021, is the official date.

The rate of interest is fixed at 2.5%

The Amount is credited, every 6 months in the registered back Account.

All the investors who apply for SGB, through an online platform receive a discount of Rs 50 per gram, as per RBI rules.

The certificate of holding will be directly sent to your email, associated with your account.

You want to keep in mind that, on maturity, Capital gains are not taxable. But if you choose to go with premature redemption Capital will becomes taxable.

If the Gold prices decline in the market, the Capital will decline. However, there will be no loss in the quantity of gold bought.

On SGB's date of insurance, a holding certificate will be issued for you.

The Amount you receive, on maturity, will be equal to the market value of the gold.

Both redemption and interest amounts will be credited to your registered bank account.

From the date of issue, the maturity period is 8 years.

Yes, early redemption is allowed however it's only allowed after a lock-in period of 5 years.

For selling the SGB investment during the lock-in period, you need to list your investment on the exchanges.

Yes, it is possible to use your SGB investment as collateral for loans.