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Sovereign Gold Bond Scheme: SBI told 6 big benefits of investing in Sovereign Gold Bond, check immediately

Sovereign Gold Bond Scheme 2023-24 Series II: If you want to buy gold cheaper than the market price, then this is a golden opportunity for you. In the Sovereign Gold Bond Scheme, you get many big benefits along with cheap gold. The country’s largest bank SBI has informed about this by tweeting.

New Delhi. If you are going to buy gold then you have a chance to buy cheap gold. Actually, the Reserve Bank of India (RBI) has released the second series of Sovereign Gold Bond Scheme (Sovereign Gold Bond Scheme 2023-24 Series II) for the current financial year. Subscription for the second series of FY24 of the SGB scheme was opened on September 11, 2023 and will close on September 15, 2023. The government’s Sovereign Gold Bond Scheme can be availed by investing just Rs 5,923. This means that for 10 grams you will have to spend Rs 5,923.

In the Sovereign Gold Bond Scheme, you get many big benefits along with cheap gold. The country’s largest bank SBI has informed about this by tweeting. You have a chance to avail this benefit only till 15th September i.e. you still have one day left.

6 benefits of sovereign gold-

  • Investors investing in Sovereign Gold Bond get the benefit of interest at the rate of 2.5 percent per annum.
  • Exemption is available in capital gains tax.
  • Sovereign gold bonds can be used as collateral.
  • Apart from this, there is no security tension of any kind.
  • Sovereign gold bonds can be easily traded on the stock exchange.
  • There is no GST and making charge for buying gold.
Shyamu Maurya
Shyamu Maurya
Shyamu has done Degree in Fine Arts and has knowledge about bollywood industry. He started writing in 2018. Since then he has been associated with Informalnewz. In case of any complain or feedback, please contact me @informalnewz@gmail.com
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