Golden Chance to invest in Gold, special offer for SBI customers, know details

Know what is Sovereign Gold Bond?  - In gold bonds, the investor does not get gold in physical form.  It is much safer than physical gold.  After this, after three years, long-term capital gains tax is levied.  At the same time, you can use it for loans.  If you talk about redemptions, you can redeem it anytime after five years.

Know what is Sovereign Gold Bond? – In gold bonds, the investor does not get gold in physical form. It is much safer than physical gold. After this, after three years, long-term capital gains tax is levied. At the same time, you can use it for loans. If you talk about redemptions, you can redeem it anytime after five years.

Sovereign Gold Bond Scheme 2020-21 Series XII: The government has once again come out with the Reserve Bank of India (RBI) to bring the Saven Gold Bond 2020-21. Investors can invest in it through their demat accounts or through online banking.

New Delhi. If you are thinking of buying gold, then there may not be a better opportunity for you. There is a great chance to buy gold cheaply amid the constantly falling gold prices. In fact, the government has once again come out with the Reserve Bank of India (RBI) to bring the Sovereign Gold Bond Scheme 2020-21 Series XII. The government has also fixed its price. The Sovereign Gold Bond Scheme is opening tomorrow i.e. March 1. Investors can invest in it through their demat accounts or through online banking. At the same time, SBI customers will get big discounts. SBI has given information about it by tweeting.

Know what SBI said?
The country’s largest bank State Bank of India (SBI) has opened the option to buy Sovereign Gold Bonds online. In a tweet, SBI said, “Get returns and security together! 6 golden reasons to invest in sovereign gold bonds. SBI customers can invest in INB directly under e-services.”

SBI tweet

SBI tweet

Why you should invest in Sovereign Gold Bonds-

The biggest advantage of Sovereign Gold Bonds is that you get a fixed return and together the government guarantees security. The interest rate on SGB is 2.5 per cent, which is available on a half-yearly basis.
There is no storage barrier like physical gold. There is no problem of storage when it comes to investing in SGB, so they are more secure.
Gold bond works like a liquid for you. It can be easily traded on the exchange. A 3 per cent making charge on physical gold is levied separately. Apart from this, capital gains tax is not levied on bond redeem.

Also read- SBI’s new scheme: Now by investing money in the American market, you can become rich! You will get great returns, know everything about it

How to subscribe online
If you are a SBI customer then you can subscribe online as well. For this Internet banking has to be logged. The option of e-services will appear here. Click there and the page will open, where the option of Sovereign Gold Bond Scheme will appear. Click on this option and complete the further process. Interest income is taxed. Explain that under the 12th Series Sovereign Gold Bond Scheme, the new bank price of bonds has been fixed at Rs 4,662 per gram. On taking ten grams of gold, the online price will be Rs 46120. It has been decided to give a rebate of 50 rupees per gram to online shoppers. For such investors, one gram gold bond will be issued at the rate of Rs 4,612.



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