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Press Release Sovereign Gold Bond Scheme 2017 18 Series II Government of India, in consultation with the Reserve Bank of India, has decided to issue Sovereign Gold Bonds 201718 Series II. Applications

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What is sovereign gold bond scheme?

The Sovereign Gold Bond (SGB) Scheme is a government securities denominated in grams of gold issued by Reserve Bank of India on behalf of Government of India.

Who is required to file sovereign gold bond scheme?

Individuals, HUFs, Trusts, Universities, and Charitable Institutions are eligible to invest in the Sovereign Gold Bonds.

How to fill out sovereign gold bond scheme?

Interested investors can apply for the Sovereign Gold Bonds through designated banks or post offices during the specified subscription period.

What is the purpose of sovereign gold bond scheme?

The Sovereign Gold Bond Scheme aims to reduce the demand for physical gold by providing a secure and cost-effective way for individuals to invest in gold.

What information must be reported on sovereign gold bond scheme?

Investors are required to provide personal details such as name, address, PAN card number, and the amount of gold they wish to invest in.

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