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Sovereign Gold Bonds - A smarter way to buy gold

Sovereign Gold Bonds (SGBs) is a good way to invest in gold online. You do not require physical lockers to
store it. Bonds are issued by Govt. of India, so it's also the safest way to hold gold. You also get an assured 2.5%
per annum interest.

Product details Why invest in Sovereign Gold Bonds?


• Bonds will be restricted for sale to resident Indian • Safest way to buy and store gold
entities including individuals, HUFs, Trusts, • Earn 2.5% assured interest per annum on the
Universities and Charitable Institutions. investment
• Minimum permissible investment will be 1 gram of • Asset appreciation opportunity plus assured
gold. interest
• Maximum limit of subscription shall be 4 kg for • Issued by Government of India. Tradeable on
individuals, 4 kg for HUF and 20 kg for trusts and Stock Exchange
similar entities. • No TDS applicable
• Issue price of the Gold Bonds will be Rs.50 per gram • Can be used as collateral for Loans*
less for those who subscribe online and pay through • Eligible for conversion into Demat form
digital mode. • Enjoy the ease of investing through
• Investors will be compensated at a fixed rate of 2.50 NetBanking and HDFC Bank Demat Account
% per annum payable semi-annually on the nominal • Indexation benefit if bond is transferred before
value. maturity
• It is mandatory for investors to provide bank account • No Capital Gains Tax on redemption
details to facilitate payment of interest /maturity value
• The Bonds can be applied for by using HDFC Bank
Demat account through NetBanking.
• The tenor of the Bond will be for a period of 8 years
with exit option from 5th year to be exercised on the
interest payment dates.

You can apply for Sovereign Gold Bonds via HDFC Bank NetBanking, through your HDFC Bank Demat
Account or at your nearest HDFC Bank branch.

For enquiries, you may contact your Relationship Manager.

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