Sovereign Gold Bond 2017-18 - Series XIV
Sovereign Gold Bonds are the safest way to buy digital Gold, as they are issued by Govt. of India, You not only benefit from possible Asset appreciation opportunity, but are also assured 2.50%per annum interest.
Applications for Gold Bonds will be accepted from Dec 26th, 2017 & Dec 27th, 2017.
You can Invest via:
Details of Sovereign Gold Bonds Series XIII :
- Issue Period: Dec 26th, 2017 & Dec 27th, 2017
- Issue Price: Rs.2831/- ( Nominal Value : Rs 2881/- Less Additional Discount of Rs 50/- for online application)
- Coupon rate: 2.5% per annum which will be paid semi–annually
- Minimum Application size: 1 Unit (1 Gram) and thereafter in multiples of 1
- Maximum Application Size: 4 KGs per person per fiscal year (Apr–Mar)
- Mode of Allotment: Customers will be issued a Holding certificate (Form C). Bonds are eligible for conversion to Demat form
- Tenure of the bond: Period of 8 years with exit option from 5th year to be exercised on the interest payment dates
(Interest on the Bonds will be taxable as per the provisions of the Income-tax Act, 1961. The Capital gains tax arising on redemption of SGB to an individual has been exempted. )
WHO CAN APPLY THROUGH HSL:
All Registered Resident Indians (RI) &HUF Clients can apply online through their trading account or call our Call & Trade Numbers ( 0 + area Code + 33553366)
WHO CANNOT APPLY
NRIs cannot apply
|