New Delhi. Today is the last chance to buy gold cheaply under the Sovereign Gold Bond scheme. The subscription to the ninth series of Sovereign Gold Bond Scheme 2021-22 was open on January 10 and will be closed on the fifth day today. The government’s sovereign gold bond scheme can be availed by investing less than Rs 5000.
The government had launched the Sovereign Gold Bond Scheme in November 2015. RBI issues this bond on behalf of the government. In this episode, the sale of Sovereign Gold Bond Scheme 2021-22 Series-IX is starting from today. This scheme is open for only five days (from 10 to 14 January). During this time, investors will have a chance to buy gold at lower rates than the market.
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50 per gram will be discounted on online application
The price of gold for Sovereign Gold Bond Scheme 2021-22 Series-9 has been fixed at Rs 4,786 per gram. RBI has said that customers who will apply online to participate in this scheme and make payment through digital means, they will be given a discount of Rs 50 per gram. If you apply online in Sovereign Gold Bond Scheme and make payment through digital mode, then you will get it at the rate of Rs 4736 per gram.
Where can I buy Sovereign Gold Bonds?
According to the ministry, these gold bonds will be sold through all banks, Stock Holding Corporation of India Limited (SHCIL), post office and recognized stock exchanges, NSE and BSE. Please tell that they are not sold in Small Finance Bank and Payment Bank.
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Bond purchase limit up to a maximum value of 4 kg
In the Sovereign Gold Bond Scheme, a person can buy a maximum of 4 kg of gold bonds in a financial year. At the same time, it is necessary to have a minimum investment of one gram. At the same time, trusts or similar entities can buy bonds up to 20 kg. Let us tell you that the applications are issued in at least 1 gram and its multiples.