Invest in Sovereign Gold Bond today! 24 to 28 April 2017

Dear Friends,

Now invest in Sovereign Gold Bonds launched by the Government of India and earn interest rate of 2.50% p.a. on your initial investment.

Why SGBs is better than buying physical Gold or even investing in ETF?
  • Issue price: ₹50/gm less than the nominal value*
  • Secure, since you hold it in Demat Form
  • No making charges
  • Assured return of 2.50% p.a. payable half yearly
  • Can be used as collateral for availing loans
  • No recurring Annual expense, like in Gold ETFs
  • No Capital gain Tax on Redemption**
  • Liquidity – Traded & listed on exchange
Important Details of Sovereign Gold Bonds:
Offer Period Subscription opens on April 24, 2017 and closes on April 28, 2017. These bonds will be issued on May 12, 2017.
Issue Price INR 2,901 per gram of Gold
Maturity 8 years with exit option from 5th year to be exercised on the interest payment dates. These bonds will be eligible for trading from such date as may be notified by the RBI.
Subscription Limits Minimum 1 gram of gold, Maximum 500 grams of gold per person in a fiscal year (April – March). Available in units of one gram of gold & multiples thereof.
Taxation The Budget 2017-18 has proposed that redemption of the gold bonds for individuals will be exempt from capital gains tax**. The interest will be taxable, however the tax would not be deducted at source.

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