This is to inform you all that Sovereign Gold Bond 2019-20 – Series V. has launched for issuance and subscription of SGB 2019-20-Series V shall be available from October 07, 2019.
|Issue||Sovereign Gold Bond 2019-20 – Series V.|
|Issue Opening Date||October 07, 2019|
|Issue Closing Date||October 11, 2019|
|Issue Price for Other Mode||3788/- per Gram|
|Bidding Session Time||9.00 A.M. to 5.00 P.M|
|Minimum Bid Quantity||1 (gram)|
|Maximum Bid Quantity(for Individual & HUF)||4000 Gram|
|Maximum Bid Quantity(for Trust and similar entities notified by Govt. )||20000 Gram|
|Issuance mode of the instrument||Demat / Physical mode|
|Interest on application||Not applicable|
|Who can apply?||Resident Individuals, HUFs, Trusts, Universities and Charitable Institutions|
(*)The maximum limit of subscribed shall per fiscal (April-March) notified by the Government from time to time. The annual ceiling will include bonds subscribed under different tranches during initial issuance by Government and those purchased from the Secondary Market.
-The applications in physical form with cheque should get submitted by 09th of October as the allotment is based on realization of cheque. Through Online payment can be done on 11th of October.
– The Bonds shall bear interest from the date of issue at the rate of 2.50 percent (fixed rate) per annum on the nominal value.
-Interest shall be paid in half-yearly rests and the last interest shall be payable on maturity along with the principal.
Download Sovereign Gold Bonds Application Form
Download Sovereign Gold Bonds Tranche 2019-20 Series V