Minimum size:Minimum permissible investment will be 1 gram of gold.

Maximum limit:Maximum limit of subscription shall be of 4 kg for individuals, 4 kg for Hindu Undivided Family (HUF) and 20 kg for trusts and similar entities notified by the government from time to time.

Issue Price:The issue price is determined in Indian Rupees and is based on the simple average closing price of gold of 999 purity for the last three business days of the week preceding the subscription period, as published by IBJA. A discount of R.s50 per gram is typically offered for online applications and digital payments.

Interest rate:The investors will be paid Interest on the amount of initial investment at the rate notified by RBI for a particular tranche at the time of its launch and is payable semi-annually.

Tenor:The tenor of the bond will be for a period of 8 years with an exit option from 5th year onwards to be exercised on the interest payment dates.

Redemption:Redemption price shall be fixed in Indian Rupees and the redemption price shall be based on simple average of closing price of gold of 999 purity of previous 3 business days from the date of repayment, published by the India Bullion and Jewelers Association Limited.

Tax Benefits:The capital gains tax arising on redemption of SGBs to an individual is exempted. The interest earned on SGBs is taxable as per the investor's tax slab.

How to Invest in Sovereign Gold Bonds

Subscription Period :SGBs are issued in tranches by the RBI, and the subscription period is announced periodically.

Application Process :Investors can apply for SGBs through scheduled commercial banks, designated post offices, Stock Holding Corporation of India Limited (SHCIL), and recognized stock exchanges (NSE and BSE).

Online Investment :Online applications through banks and other financial institutions often attract a discount on the issue price.

Redemption and Premature Exit

Redemption :On maturity, the redemption proceeds are credited directly to the investor's bank account.

Premature Exit :Investors can opt for premature redemption after the fifth year on interest payment dates.

Trading :SGBs can be traded on stock exchanges, providing liquidity before the bond's maturity.

Our Services

A Secure and Profitable Way to Invest in Gold

At Nexon Financial Services, we understand the timeless value and appeal of gold as an investment. Sovereign Gold Bonds (SGBs) offer a unique and secure way to invest in gold without the hassle of storage and security concerns associated with physical gold. As a trusted distributor, we provide access to SGBs, ensuring a seamless investment experience that combines the benefits of gold with the convenience of bonds.

What are Sovereign Gold Bonds (SGBs)?

Sovereign Gold Bonds are government securities denominated in grams of gold. They are issued by the Reserve Bank of India (RBI) on behalf of the Government of India. SGBs offer a safe and profitable way to invest in gold, providing the advantages of physical gold without the associated risks and costs.

Key Benefits of Investing in SGBs

• Capital Appreciation : Benefit from the price appreciation of gold over time, providing a hedge against inflation and currency fluctuations.
• Interest Earnings : Earn a fixed annual interest rate of 2.50% on the initial investment amount, paid semi-annually.
• Tax Benefits : Enjoy tax exemptions on the capital gains if held till maturity and indexation benefits for long-term capital gains if sold before maturity.
• Safety and Security : Eliminate the risks and costs of storing physical gold, such as theft and storage charges.
• Easy Liquidity : Trade SGBs on stock exchanges, providing an option for liquidity before maturity.
• Redemption at Market Value : On maturity, the bonds are redeemed in cash based on the prevailing market price of gold.

How SGBs Work

Issuance

SGBs are issued in tranches throughout the year by the RBI.

Investors can subscribe to these bonds during the issuance period as announced by the RBI.

Denomination

Bonds are denominated in multiples of grams of gold, with a minimum investment of 1 gram and a maximum limit of 4 kg for individuals and HUFs, and 20 kg for trusts and similar entities.

Tenure

The tenure of SGBs is 8 years, with an option to exit after the 5th year through early redemption.

Interest Payment

A fixed interest rate of 2.50% per annum on the nominal value is paid semi-annually to investors.

Redemption

Upon maturity, the redemption value is based on the simple average of the closing price of gold of 999 purity of the last 3 business days from the date of repayment.

Trading

SGBs can be traded on stock exchanges within a fortnight of issuance, offering liquidity to investors.

Why Choose Nexon Financial Services for SGBs?

• Expert Guidance : Our financial advisors provide personalized assistance to help you understand the benefits of SGBs and make informed investment decisions.
• Hassle-Free Process : We simplify the investment process, from subscription to redemption, ensuring a smooth and convenient experience.
• Reliable Support : Receive ongoing support and updates on your investment, with timely reminders for interest payments and redemption options.
• Customer-Centric Approach : We prioritize your investment goals and provide transparent and unbiased advice tailored to your needs.