There is a worldwide lockdown in the wake of the Corona epidemic. No such investment method is working. In this case, the price of gold has increased very fast. But under the Sovereign Gold Bond Scheme, the Government of India gives an opportunity to buy gold cheaply. The government is giving this opportunity on Monday, 11 May 2020. But if you are not able to take this time, do not be disappointed. This year the government will give you 5 times and such opportunities. The Reserve Bank of India (RBI) has said that the issue price for the next installment of Sovereign Gold Bonds (SGB), part of the central government's market-lending program, has been fixed at Rs 4,590 per gram.
Benefits of buying gold bond
After investing 2.5 percent interest in investing on Sovereign Gold Bonds, there are advantages of increasing the gold rate. Also, 2.5 percent interest is also received annually. Which is deposited in the bank account of the investor every 6 months. The last installment of interest is paid on maturity along with the principal. The maturity period of Sovereign Gold Bond is 8 years. But if you want, you can sell it even after 5 years, 6 years and 7 years. It is issued by the RBI.
Where can apply
Under this scheme, any Indian citizen can buy gold cheaply. The application form for investing in it will be provided by various banks, Stock Holding Corporation of India (SHCIL) offices, designated post offices and agents. The application form can also be downloaded from the RBI website. Banks can also provide online application facility. Under this scheme, any Indian citizen can buy sovereign gold bonds of minimum value of 1 gram and maximum of 4 kg in 1 financial year whereas the maximum purchase limit for a trust is 20 kg.
Discount will be available on online shopping
From May 11 to May 15, people can buy cheap gold through this scheme. If you want, you can also buy sovereign gold bonds online. For the second series, the government will announce its price 1 day in advance. But if you buy Sovereign Gold Bond online, then you can take an additional discount of Rs 50 per gram i.e. Rs 500 per 10 gram.
MBBS: NMC will issue notification of the National Exit Test, and medical students will get admission based on this
The National Medical Commission may issue a notification regarding the National Exit Test. This is an important decision that the government has taken on the National Exit Test. The exam is scheduled
Karnataka: Patriotic Muslims will vote for BJP, Pakistan supporters keep divisive ideology - BJP minister
BJP-Congress Clashed: During the election battle in Karnataka, BJP and Congress leaders have started taking digs at each other. With about a month left for the elections, campaigning has gathered pace
Yevgeny Prigozhin: Wagner chief Prigozhin took refuge in Belarus, confirmed by President Alexander Lukashenko
Prigozhin, who was the architect of the rebellion against Putin, reached Belarus on Tuesday. However, there were reports of his jet reaching Minsk and returning from there. But the whereabouts of
Covid-19 In Pakistan: Pakistan's preparations to fight Corona are incomplete, not serious about the virus: report
The cases of the global pandemic corona virus are increasing rapidly once again in Pakistan. It seems that Pakistan's preparations to prevent the spread of coronavirus infection are weak. If local
Who is Rebel Kid Apoorva Mukhija? Commenting on 'mother' cost her heavily, she has a connection with Hrithik Roshan's girlfriend!
India's Got Latent, which has been counted among the most popular shows, is currently surrounded by controversies. Due to vulgar comedy, Samay Raina has faced trolling many times. Now two other people
IND vs ENG: Rohit Sharma has a golden chance to break the world records of Sachin Tendulkar and AB de Villiers
The first match of the three-match ODI series between India and England is to be played at the Kennington Oval Stadium in London today. After beating the hosts 2-1 in the T20 series, now Team India
Space Day: 'India will also build its own space station', said PM Modi in his address on National Space Day
On the occasion of National Space Day, a special program was organized at Bharat Mandapam in New Delhi. During this, Indian astronaut Shubhanshu Shukla, along with other astronauts going on the
Bangladeshi protesters do not value independence! Statues related to Pakistan's surrender were vandalized; Tharoor said - they were not worthy of forgiveness
Even after the political upheaval and coup in Bangladesh, violent protests in the country have not calmed down. Various pictures of violence are coming from different parts of the country.
Imran Khan: 'Ghee is being sold for 600 billion rupees per kg in Pakistan', speaking on inflation, Imran Khan's tongue slipped. Videos
A video of former Pakistan PM Imran Khan is going viral on social media. In this video, he is telling the price of Ghee in Pakistan. Your head will also get dizzy after listening to the price of ghee
Nitish Kumar or a BJP leader: Who will be Bihar's next Chief Minister? PM Modi has clarified.
Following the NDA's landslide victory in Bihar, PM Modi made a significant statement about Chief Minister Nitish Kumar. He described the NDA's victory as a "victory for good governance." This
