Sovereign Gold Bonds are government securities denominated in grams of gold. They are substitutes for holding physical gold. Investors have to pay issue price in cash and the bonds will be redeemed in cash on maturity. The bond is issued by Reserve Bank of India on behalf of Government of India. Highest safety as it is backed by government of India.

No, we get it for you from our partnered / supporting banks. Or may directly purchase this from any banks as your wish.

Tenure of this bonds is 8 years with an exit option after 5 years. An individual buy this minimum 1gm to maximum 4kg in a financial year. Investors are get interest 2.5% p.a. and zero tax on capital gains at maturity.

Gold bonds shall be redeemed on the basis of simple average of closing price of 999 gold purity of previous 3 business days, published by IBJA.