20/06/2023
SOVEREIGN GOLD BOND
2023-24 Series I
June 19, 2023 to June 23, 2023
🟡 Issue Highlights:
✨ Subscription Opens On: Monday June 19, 2023
✨ Subscription Closes On: Friday June 23, 2023
✨ Price of the Gold: ₹ 5,926/- per gram (excluding online discount)
✨ Discount: ₹ 50 per gram for online/digital payment (No Discount on Physical application mode)
✨ Interest Payable: 2.5% assured interest per annum on the investment payable semi annually
✨ Minimum Application Size: 1 gram of Gold
✨ Maximum Application Size: Not more than 4 kgs. for Individuals/HUFs and 20 kgs. for Trusts per fiscal year (April - March)
✨ Tenor: 8 years with exit option in the 5th year from the date of issue
✨ Listing: BSE and NSE
🟡 Benefits of Investing in SGB (Sovereign Gold Bond)
✨ Safest way to buy and store Gold
✨ Asset appreciation opportunity along with assured interest returns
✨ Issued by Govt. of India
✨ No TDS applicable
✨ The Bonds will be available in Demat as well as Paper form
✨ Indexation benefit if the Bonds transferred before maturity
✨ No Capital Gain Tax on redemption
✨ Tradable on BSE/NSE (only if issued in Demat form)
Mota Investments
☎️+91-7021741077
✉️[email protected]
🌏https://motainvestments.blogspot.com/
