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.
Corona scare in India: 2,483 new cases in last 24 hours, active cases cross 15 thousand; Total cases in IIT Madras reached 111
Corona cases are increasing again in India. More than 2 thousand new cases of corona have been reported in the country for the 7th consecutive day. In the last 24 hours, 2,483 new cases of the corona
Vande Bharat of Rajasthan will be the world's first semi-high speed passenger train, travel at low fares; it will be root
Ajmer-Delhi Cantt.Vande Bharat Train: Today the country's 14th Vande Bharat Express train is going to be inaugurated. Prime Minister Narendra Modi will flag off Rajasthan's first Vande Bharat Express
GDP of India: S&P estimates India's GDP growth rate to be 7.3% in the current financial year, know details
S&P Global Ratings on Monday projected India's GDP growth rate at 7.3% for the year 2022-23. Along with that, he has also expressed concern about the fall in the market and inflation. According to
Animal Leaked Online: Makers of 'Animal' got a big shock, Ranbir Kapoor's film leaked a few hours after its release.
Animal Online Leak: Ranbir Kapoor and Rashmika Mandanna starrer film 'Animal' was released in theaters on Friday. The film made good collections at the box office on the first day of its release. From
Petrol Diesel Price: Today the oil companies released the prices of petrol and diesel, know how much the prices were
Even today, there has been no increase in the prices of petrol and diesel from the oil companies. In Delhi, a liter of petrol is getting Rs 105.41 per liter while diesel is getting Rs 96.67 per liter.
H1-B Visa: US received 65 thousand applications for an H1-B visa, Federal Agency for Immigration Services gave information
The US has received 65,000 applications for H1-B visas for the fiscal year 2023, which is the maximum number approved by Congress (Parliament). The US Federal Agency for Immigration Services gave this
No cases of infection in 188 districts since the last 7 days; More than 97 thousand people were given the second dose of vaccine.
Good news for the country. The Union Health Ministry said that there are 188 districts in the country where no new cases of infection have been reported for the last 7 days. There are 76 districts
IPL 2025: 'I got one more chance..', the struggle of Karun Nair who scored 89 runs in 40 balls, you will get emotional after reading
Delhi Capitals may have lost the second match of the doubleheader played on Sunday in IPL 2025, but Karun Nair's batting won everyone's heart. Karun came out to bat in the IPL after almost three years
Inflation in India: Inflation hit, food prices increase drastically in one year
Inflation in India: There has been a tremendous increase in the prices of food and drink in a year. Despite the efforts of the government, the prices are not being controlled. Even the price of salt
Lok Sabha Election: CM Yogi Adityanath's helicopter lost its way, was coming to address the election meeting in Bihar
The helicopter of Uttar Pradesh CM Yogi Adityanath, who was coming to address an election rally in East Champaran, Bihar, lost its way. However, after some time the helicopter was
