Sovereign Gold Bond Scheme has been launched by the Reserve Bank of India (RBI) to promote digital gold. Today is the last day of the February series of this scheme. That means, if you are thinking of buying Sovereign Gold Bond (SGB), then you can buy it cheaply only today. Let us know what is the price of gold bond?
Sovereign Gold Bond: Today is the only day left to invest in Sovereign Gold Bond (SGB). Let us tell you that the Government of India had started the February series of SGB from 12 February 2024, which will close today (16 February 2024). In this you get the opportunity to buy gold at a price lower than the market rate.
What is the price of sovereign gold bond?
Let us tell you that in the Sovereign Gold Bond Scheme, the issue price has been fixed at Rs 6,263 per gram. At this price you can buy it only today. However, this gold bond will be issued on 21 February 2024.
If you buy this bond online then you will get a discount of Rs 50 per gram. This means that after online payment you will have to pay only Rs 6,213 for the gold bond.
You can buy a minimum of 1 gram of gold and a maximum of 4 grams of gold.
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How much interest is given on sovereign gold
The maturity tenure of Sovereign Gold Bond is 8 years. However, you can withdraw it after 5 years. Let us tell you that in SGB you get the benefit of interest at the rate of 2.50 percent.
You can also take a loan by pledging gold bonds. The Sovereign Gold Bond Scheme was launched in the year 2015. You can also buy it through your savings bank account.
You can sell it on Sovereign Gold Bond, Bank, Stock Holding Corporation of India Limited (SHCIL), Post Office and Stock Exchange i.e. BSE and NSE.
