Sovereign gold bonds issued by the Reserve Bank of India can be purchased until February 16, 2024 for Rs. 6,263 per unit through local post offices. The bonds offer a 2.5% interest rate, have a maturity period of 8 years, and allow the investor to redeem their gold at the average price over 3 days before maturity without risk of storing physical gold. This provides individuals an easy way to invest in gold and earn interest over 8 years.
Sovereign gold bonds issued by the Reserve Bank of India can be purchased until February 16, 2024 for Rs. 6,263 per unit through local post offices. The bonds offer a 2.5% interest rate, have a maturity period of 8 years, and allow the investor to redeem their gold at the average price over 3 days before maturity without risk of storing physical gold. This provides individuals an easy way to invest in gold and earn interest over 8 years.
Sovereign gold bonds issued by the Reserve Bank of India can be purchased until February 16, 2024 for Rs. 6,263 per unit through local post offices. The bonds offer a 2.5% interest rate, have a maturity period of 8 years, and allow the investor to redeem their gold at the average price over 3 days before maturity without risk of storing physical gold. This provides individuals an easy way to invest in gold and earn interest over 8 years.
[ Unit Price Rs. 6,263/- From 12.02.2024 to 16.02.2024 ] Sovereign Gold Bond issued by Reserve Bank of India is a golden opportunity for those who want to invest in Gold. Investment can be made in multiples of unit price Rs. 6,263/- for the present series till 16.02.2024. An easy way to do this is to deposit through the Post Offices. Go to the nearest Sub/Head Post Office and fill up the required application form and give your identity document and money to invest in Gold Bonds. 2.5 percent interest on the deposited amount will be earned in the bank account of the depositor. • A minimum investment of one gram and a maximum equivalent of four kilograms of gold can be made. • Investment tenure is 8 years. There is an opportunity to terminate the investment in 5, 6, 7 years. • The investor will get the average price of 999 pure gold for 3 days immediately preceding the closing date. • That is, the investor will get the gold price after 8 years plus 2.5 percent interest. • Also, there is no danger/risk of storing gold. • Gold Bonds can be issued as collateral for loans too. • It is also special to be mentioned that, there is no Capital Gains Tax on completion of 8 years investment period Present Series (2023-24 Series IV) : From 12.02.2024 till 16.02.2024 For More Details: Contact your Nearest Post Office Manu VR, DPM, Changanassery HO – 686101 Mob: 9496114743