Sovereign Gold Bond (SGB) Scheme
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Sovereign Gold Bond (SGB) Scheme Bond is issued by RBI.
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Indian can invest in SGB
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The maturity period of this plan is 8 year
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There is no tax to be paid in GST and STT.
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On investing in SGB, an annual interest of 2.5% is credited to the account every 6 months.
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You can invest in this from Banks, Post Offices, SHCIL, Stock Brokers.
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SGB can be purchased minimum 1 gram and maximum 4 KG per year
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One can buy only one SGB bond from one account
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