Govt. notifies Sovereign Gold Bond Scheme 2021-22

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  • Last Updated on 23 October, 2021

Govt. notifies Sovereign Gold Bond Scheme

G.S.R. 750 (E), dated 21-10-2021

The Government has notified Sovereign Gold Bond Scheme 2021-22. The Sovereign Gold Bonds will be issued in 4 tranches from November 2021 to March 2022.

The Gold Bonds under this Scheme may be held by a Trust, Hindu Undivided Family (H.U.F.), Charitable Institution, University or by a individual person resident in India.

The bonds will be issued in denominations of one gram of gold or multiples thereof. The minimum limit of subscription for the Bonds issued shall be one gram, and the maximum limit of subscription per fiscal year shall be of 4 kg for individuals, 4 kg for HUF, and 20 kg for trusts and similar entities notified by the Government from time to time.

They will be sold through Scheduled Commercial banks, designated Post Offices, Stock Holding Corporation of India Ltd. (SHCIL), the authorized stock exchanges, and Clearing Corporation of India Limited (CCIL) or any other entity as may be approved by RBI.

Click Here to Read the Full Notification

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