Sovereign Gold Bonds (SGBs) are government securities denominated in grams of gold.
They are substitutes for holding physical gold.
Investors have to pay the issue price in any of our branches or through Internet Banking.
The bonds will be redeemed to the customer’s account on maturity. The Bond is issued by Reserve Bank on behalf of Government of India.
The risks and costs of storage of physical gold are eliminated.
Investors are assured of the market value of gold at the time of maturity and periodical interest
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