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Sovereign Gold Bond Scheme 2024 Download Pdf Series 1,2,3,4,11 & 12 SGB

The Government of India in collaboration with the Reserve Bank of India has introduced the Sovereign Gold Bond Scheme 2024 offering investors an opportunity to invest in gold without the need for physical assets. Under this scheme, investors across India can benefit from a fixed price of INR 6,263 per 1 gram of gold, as determined by the Reserve Bank of India. Subscription for the Sovereign Gold Bond Scheme SGB Series i ii iii iv v will be open from 12th February to 16th February 2024, providing a limited window for interested investors to participate.

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Sovereign Gold Bond Scheme SGB Series i ii iii iv v

The Government of India has unveiled the Sovereign Gold Bond Scheme SGB Series i ii iii iv v catering to citizens seeking to invest in gold digitally rather than as physical assets Under this scheme the Reserve Bank of India has set the gold price at INR 6,263 per gram. Additionally authorities are offering a discount of INR 50 per gram for investors who apply online and make digital payments This initiative aims to encourage online participation and facilitate easier access to gold investments for all interested individuals.

Sovereign Gold Bond Scheme SGB Series i ii iii iv v

Key Highlights of Sovereign Gold Bond Scheme

Name of the schemeSovereign Gold Bond Scheme
Launched byGovernment of India
ObjectiveProvide digital gold
BeneficiariesCitizens of India
Official website 

Eligibility Criteria

  • The applicant must be a permanent resident of India.
  • The applicant must want to invest in digital gold.

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Benefits of the scheme

  • Applicants have the option to invest in gold without the need to possess physical assets.
  • To invest in the Sovereign Gold Bond Scheme New Series applicants simply need to visit the official website.
  • All applicants who complete the registration form and make online payments will receive a discount of INR 50 per gram.
  • Investors are permitted to initiate premature redemption after a period of 5 years.
  • The scheme carries minimal risk as the price of gold is fixed by the authorities.

Important Dates

  • The subscription for the Sovereign Gold Bond is open from 12th February to 26th February.
  • The issuance process will start on 21st February 2024.
Required Documents
  • Aadhar card
  • PAN card
  • Domicile certificate
  • Bank account details
  • Email ID
  • Active mobile number
Sovereign Gold Bond Price 2024
  • The price of gold under the Sovereign Gold Bond is fixed by the RBI at INR 6,263 per gram.
Taxation of Sovereign Gold Bonds
  • Interest is paid under the Sovereign Gold Bond 2024 at is fixed rate of 2.50% per annum and is fully taxable. However, profits made on redemption are fully tax-free.
Sovereign Gold Bond Series Series Wise Details 2023-24
Tranche   Date of Subscription Date of Issuance  Issue price
2023-24 Series IJune 19 – June 23, 2023June 27, 2023Rs 5,926 per gram
2023-24 Series IISep 11-Sep15, 2023September 20, 2023Rs 5,923 per gram
2023-24 Series IIIDec18 – Dec 22, 2023December 28, 2023Rs 6,199 per gram
2023-24 Series IVFeb 12 – Feb 16, 2024February 21, 2024Rs 6,213 per gram

How to Sovereign Gold Bond Scheme Benefits

  • Visit the official website to access Sovereign Gold Bond benefits.
  • On the homepage locate and click on the Apply Online option.
  • A new page will appear prompting you to enter your details.
  • Fill in all required information and attach necessary documents.
  • Click on the Submit option to complete the process.

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