Complete Guide on how to buy Sovereign Gold Bonds online from SBI

Sovereign Gold Bonds, SBI
Steps to follow to buy Sovereign Gold Bonds online from SBI
Sovereign Gold Bonds, SBI
Steps to follow to buy Sovereign Gold Bonds online from SBI

The most recent tranche of sovereign gold bonds (SGB) opened for membership today(1 March). The issue cost for Sovereign Gold Bonds 2020-21 (Series XII) has been fixed at ₹4,662 per gram, the Finance Ministry has said. The nation’s top moneylender State Bank of India (SBI) gives the choice of purchasing SGBs on the web. Financial backers can likewise purchase gold bonds from business banks, Stock Holding Corporation of India Limited (SHCIL), mail centers assigned by RBI and perceived stock trades.

Here are the means to put resources into SGB through SBI:

Sign in to your SBI net financial record

Snap on eServices and go to ‘Sovereign Gold Bond’

Select ‘terms and conditions’ and snap on ‘continue’

Fill the enlistment structure. This is a one-time enlistment

Snap on submit

Enter the membership amount and candidate subtleties in the buy structure

Presently, click on ‘submit’

In a tweet, SBI had said, “Get returns and wellbeing together! 6 brilliant motivations to put resources into Sovereign Gold Bonds. SBI clients can straightforwardly put resources into INB under e-administrations.”

SG are given in groups of one gram of gold and in products thereof. The base interest in the gold bonds will be one gram with a most extreme constraint of membership of 4 kg for people, 4 kg for Hindu Undivided Family (HUF) and 20 kg for trusts and comparative elements.

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