Sovereign Gold Bond Scheme: If you’re interested in investing in gold, the Reserve Bank of India (RBI) has introduced an excellent opportunity to do so through the Sovereign Gold Bond Scheme.
In the second series of the Sovereign Gold Bond Scheme for 2023-24, you can invest until September 15, 2023.
The RBI has set the price of offline gold bonds under the SBG scheme at Rs 5,923 per gram.
If you purchase it online, you will receive an additional discount of Rs 50 for every 10 grams.
Therefore, if you choose to invest in the online SBG scheme, you will pay a fee of Rs 5,873.
Various banks are offering online purchase options
It’s important to note that several different banks in the country are providing their customers with the opportunity to invest in the online Sovereign Gold Bond Scheme.
This includes well-known banks such as State Bank, Punjab National Bank, ICICI Bank, and Canara Bank.
If you are a customer of any of these banks and wish to invest in the SBG scheme online, we will guide you through the investment process.
For SBI customers looking to buy the Sovereign Gold Bond Scheme online:
- Start by logging into SBI Net Banking and selecting the e-service option.
2. Click on the Sovereign Gold Bond Scheme option.
3. Choose the Purchase option.
4. Click on the Terms and Conditions tab and then Proceed.
5. Enter the quantity of gold you wish to purchase and provide nominee details.
6. An OTP will be sent to you; enter it and confirm.
7. This way, you can easily invest in the SBG scheme.
For ICICI Bank customers purchasing SBGs online:
1. Log in to ICICI Bank’s net banking.
2. Select the Invest and Insure option.
3. Choose Sovereign Gold Bond.
4. Complete the payment.
5. This way, you can easily invest in the SBG scheme.
How Canara Bank customers can invest in Sovereign Gold Bond:
1. Log in to your net banking account.
2. Click on Apply for SGB.
3. Choose the subscribe option and enter your account and other details.
4. Submit the information.
How PNB customers can invest in Sovereign Gold Bond:
1. Log in to PNB’s net banking.
2. Click on Purchase SBG.
3.Then, click on the Terms and Conditions tab.
4.Verify your customer ID, account number, and other details, and click OK.
5.Enter the quantity of gold you want to buy and click Continue.
6.Enter your transaction password and submit it.
7. Verify all the details and click OK.
