"SOVEREIGN GOLD BONDS - Invest wisely, earn safely"

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Sovereign Gold Bonds (SGB)

  • SGB is a paper gold investment scheme launched by RBI without transaction of physical gold.
  • SBG offers better option of investment in comparison to buying physical gold in respect of risk and storage charges of physical gold.
  • SGB is free from vital issues like making charges and purity in respect of physical gold. 
  • Investment is locked for long term.
  • Tenure is for eight years.
  • Investors are assured to get the market value of gold at the time of redemption.
  • Minimum investment required is one gram of paper gold.
  • Maxium investment can be four kg of paper gold per year.
  • Return from investment during final redemption is tax-free.
  • Additional 2.5% of periodic interest of invested amount is assured annually and this interest is taxable.
  • This golden product is available to be bought from Banks, Post Office, Stock Exchange etc .
  • Online procurement of the scheme is also available in different platforms.
  • Premature withdrawal is possible from the 5th year from initial investment.





Happy investing !!!




##  Common Investors may collect ebook from the following link for mastering the basics of investment :


### Govt Job Aspirants in Mechanical Engineering (Degree or Diploma) may collect ebook from the following link for cracking Competitive Exams :

 https://pothi.com/pothi/book/ebook-er-pradip-mondal-solved-exam-papers-wbpsc-mechanical-engineering

Comments

  1. Phani Kumar21 March 2020 at 02:34

    Hey, Thanks for sharing this Tips About Financial Planning. I just see your blog and impressed. Keep the same alltime. Cospower Engineering Ltd.

    ReplyDelete
  2. Nutan Bhosale27 October 2021 at 01:36

    You have provided some important points. I want to add that if you buy SGB online in your Demat account, it can be tradable on the stock exchanges. Also, if you make an online investmentz in SGB, you get a discount of 50 rupees.

    ReplyDelete

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