SGB Scheme: In today’s time everyone wants to buy gold cheaply. Many people are just waiting for gold to become cheap. Gold is very much liked for investment. If you also invest in gold, then you would know that you can also invest in digital gold.
The Reserve Bank of India (RBI) has launched the Sovereign Gold Bond Scheme. People buy digital gold through this scheme. This scheme opens in several installments. The bank has informed that it will open the next installment of the Sovereign Gold Bond Scheme on 11 September 2023. The bank has set the price of Sovereign Gold Bond at Rs 5,923 per 10 grams.
If you also want to invest in this scheme, then you can invest till 15 September 2023 (Friday). This means that you can subscribe to Sovereign Gold Bond from September 11 to September 15 . Whoever applies for this bond will get a kind of online document.
Discount will be available in Sovereign Gold Bond
The central bank has also announced to give discounts to investors who apply online and offline. The bank has said that it will give a discount of Rs 50 per 10 grams. In such a situation, after the discount, the price of the bond will become Rs 5,873 per 10 grams. Many investors are confused as to how to buy this bond?
How to buy gold bonds
Many banks provide customers the facility to buy gold bonds. You can also buy gold bonds through net banking of SBI and ICICI Bank. Apart from this, many investors can also buy it through RBI, NSE, BSE and Post Office. You can sell these bonds on the stock exchange.
How much to invest
In this gold bond you will have to buy at least 1 gram. Whereas an investor can buy 4 grams of gold bond and HUF can buy up to 4 grams of gold. Apart from this, trusts and similar institutions can invest up to a maximum of 20 kg.
Investors get the benefit of interest rate of 2.50 percent on gold bonds. This interest is given after every 6 months.
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