Sovereign Gold Bonds (SGB)
ABOUT THE ISSUE
Digital Gold that’s better than Physical Gold! Sovereign Gold Bonds are the financial instrument issued by RBI on behalf of the government of India giving you the flexibility to hold gold digitally and also eliminating the risk associated with physical gold.
-
Interest on Bond^
2.50% p.a.
(semi annual) on the amount of initial investment
-
Exit Easily
8 years
(with exit option from 5th year to be exercised on the interest payment dates as declared from time to time)
-
Investment Limit
1gm - 4 kg
Minimum investment can be as low as 1 gram
-
Purity Assured
999 purity
Simple Average Price for gold of 999 purity published by IBJA
-
Save Tax on Redemption
You save Capital Gains Tax on maturity unlike physical gold
-
Apply Digitally and Save More
Apply online through us, pay digitally, and get a discount of Rs.50 per gram^ on the issue
-
Stress-free & Secure Gold
Unlike physical gold, SGB helps you reduce losses due to storage charges, theft, making or transaction charges
Take the Golden steps
-
Step 1
Sign up and log in to your Axis Direct account*
-
Step 2
Go to
Swift Trade -
Step 3
Select Place order and Click on Sovereign Gold Bonds
-
Step 4
Click on apply to initiate the payment
^Subject to changes as per Government/RBI notification
*In case you do not have an Axis Bank account then you can apply for this tranche through netbanking of your existing bank account.