Sovereign Gold Bond 2019-20 Series X

Government of India has vide its Notification F.No.4(7)-B W&M/2019 dated September 30, 2019 announced the Sovereign Gold Bond Scheme 2019-20 Series V/VI/VII/VIII/IX/X. Under the scheme there will be a distinct series (starting from Series V) for every tranche which will be indicated on the Bond issued to the investor. The Government of India (GoI) may, with prior notice, close the Scheme before the specified period. The terms and conditions of the issuance of the Bonds shall be as indicated in the GoI notification.

Issue Details

 

 Issue Name  Sovereign Gold Bonds Scheme 2019-20 - Series X (Tranche 37) ( View details )
 Symbol  SGB192010
 Issue serial number  23408
 ISIN  IN0020190552
 Issue Period  Monday, March 02 to Friday, March 06, 2020
 Issue Price (per gram of gold)  Online BID: Rs. 4,210 (For investors applying online and the payment against the application is made through digital mode)
 Minimum Quantity  1 gram
 Maximum Quantity  The maximum limit of subscribed shall be 4 KG for individual, 4 Kg for HUF and 20 Kg for trusts and similar entities per fiscal (April-March) notified by the Government from time to time. A self-declaration to this effect will be obtained. The annual ceiling will include bonds subscribed under different tranches during initial issuance by Government and those purchased from the Secondary Market.
 Bid Quantity Multiple  1 gram
 Rate of Interest  2.50% per annum on the amount of initial investment. It shall commence from the date of its issue and is payable every 6 months.
 Date of Allotment  March 11, 2020

  

Apply Now

You can Invest via:

  201404210316526522603845   201404210316526522603171   201404210316526522603762

Open Account Now