Everything to know about the Sovereign Gold Bond scheme💸
Issued by the Reserve Bank of India✅
Last bid📉
Fri, 16 Feb 2024, 15:30
Settlement📈
Fri, 23 Feb 2024
Total qty.💰
1gm
Total amount💸
₹6213
Indicative yield📈
2.5%
- The minimum investment in the Bond shall be 1 gram with a maximum limit of subscription of 4 kg for individuals, 4 kg for Hindu Undivided Family (HUF), and 20 kg for trusts and similar entities.
- Interest will be credited semi-annually to the investor's bank account and the last interest will be payable on maturity along with the principal.
- The tenor of the bond is 8 years, early encashment/redemption of the bond is allowed after 5th year from the date of issue.
Every investment consists of a risk, so it is very important to know what they are, whether are you fine with those risks and how much should the investment be done according to that risk..😌✅
So share this reel with your friends who need to know this.😎
#sgb #sovereigngoldbond #invest #rbi #investing #stockmarketindia #stockmarket #sharemarket #trading #finance #financialliteracy #financialeducation #finfluencer
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