Vikrant Shekhawat : Jan 10, 2022, 12:48 PM
Sovereign Gold Bond scheme 2021-22 (Series IX) If you are thinking of buying cheap gold, then you have a chance for five days from today. The ninth series (SGB series 9) of the Sovereign Gold Bond Scheme of the Reserve Bank (RBI) has started from today. This scheme will be open for five days. You can invest in it from today i.e. from January 10 to January 14.Issue Price of Sovereign Gold Bond SchemeLet us tell you that the government has reduced the issue price of the eighth series by Rs 5 per gram in the ninth series. The issue price was fixed at Rs 4791 per gram for the eighth series and Rs 4786 for the ninth series. If customers want to invest in this, then they can get detailed information on http://onlinesbi.com.Discount on applying digitallyIf you want to invest in Sovereign Gold Bonds, then you should do so digitally, as the Reserve Bank gives a discount of Rs 50 per gram on digital subscription. That is, you can buy gold online at the rate of Rs 4736 per gram.Where can I buy Sovereign Gold Bond?All banks, except Sovereign Gold Bond Small Finance Bank and Payment Bank, Stock Holding Corporation of India (SHCIL), designated post offices recognized stock exchanges, National Stock Exchange of India Limited (NSE) and Bombay Stock Exchange Limited ( BSE) can be purchased.How to invest in it onlineBuy units of gold bonds on NSE (National Stock Exchange) and an amount equal to its value is deducted from the account linked to your demat account.after how many years maturityThe maturity of Sovereign Gold Bond is 8 years. But after five years, you can exit from this scheme on the next interest payment date. In Sovereign Gold Bond, the investor is required to invest at least one gram of gold. If needed, the investor can also take a loan against the sovereign gold bond but the gold bond will have to be pledged.Who can buy Sovereign Gold Bond?Any individual and Hindu undivided family can buy gold bonds up to a maximum value of four kg.For trusts and other similar institutions, this limit has been kept up to the equivalent price of 20 kg of gold.Sovereign Gold Bond can also be bought as a joint customer. It can also be bought in the name of a minor.In the case of a minor, his parent or guardian will have to apply for the Sovereign Gold Bond.