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1TOM NEWLY SCHOOL EXTRA MURALS CROSS Countryside Approved by SGB Date of 1st Implementation Date of amendment Effective date of Next Review Approved by23 April 2019 August 2012 August 2013; November

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How to fill out sovereign gold bond

01

Visit a registered bank or post office that is authorized to sell Sovereign Gold Bonds.

02

Fill out the application form for Sovereign Gold Bonds providing all necessary personal and financial details.

03

Provide the required KYC documents such as ID proof, address proof, and passport size photograph.

04

Determine the quantity of gold bonds you wish to purchase and make the payment either through cash, cheque, or online transfer.

05

Receive the issuance certificate as a confirmation of your investment in Sovereign Gold Bonds.

Who needs sovereign gold bond?

01

Individuals looking to invest in gold without the need for physical storage.

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Investors seeking long-term capital appreciation through a government-backed investment instrument.

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Those interested in earning fixed interest rates on their gold investments.

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What is sovereign gold bond?

Sovereign gold bond is a government security denominated in grams of gold issued by the Reserve Bank of India on behalf of the Government of India.

Who is required to file sovereign gold bond?

Individuals, HUFs, trusts, universities, and charitable institutions are eligible to invest in sovereign gold bonds.

How to fill out sovereign gold bond?

One can purchase sovereign gold bonds from banks, designated post offices, Stock Holding Corporation of India Ltd. (SHCIL), and recognized stock exchanges either directly or through intermediaries.

What is the purpose of sovereign gold bond?

The purpose of sovereign gold bond is to provide a secure and cost-effective way for individuals to invest in gold.

What information must be reported on sovereign gold bond?

The investor's name, address, PAN details, and the amount of gold bond purchased must be reported on the sovereign gold bond.

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