Sovereign Gold Bond Scheme 2024 Apply Online, Dates, Calculator, Gold Price

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The Government of India, in a meeting with the officials of the Reserve Bank of India, has started the Sovereign Gold Bond Scheme 2024 for such citizens of the country who want to buy gold but want to keep the purchased gold not as a physical asset but as a digital asset. Through this scheme, citizens of the country can buy 1 gram of gold for Rs 6,263, and by making an online payment, they can also get a discount of Rs 50 on the price of gold per gram. Today through this article we will tell you about Sovereign Gold Bond Scheme New Series 2024, Price Per Gram, Calculator, Last Date, Benefits, Eligibility, Etc. If we will provide complete information about Sovereign Gold Bond Scheme 2023-24 Series 4.

Sovereign Gold Bond Scheme 2024 Series 4

Sovereign Gold Bond Scheme 2023-24 Series 4 has been started by the Government of India, through which the citizens of the country can buy gold for Rs 6,263 per gram and can keep the purchased gold as a digital asset instead of a physical asset. You can increase your investment amount by getting an interest of 2.50% per gram for 08 years on the purchased gold. Subscription of Sovereign Gold Bond 2024 will start on 12 February 2024 and the last date for this has been fixed as 16 February 2024.

If the citizens of the country want to invest in gold under this scheme, then if they apply online and pay the price of gold online, a discount of Rs 50 per gram will be provided on the fixed rate of gold per gram. Citizens of the country who want to buy gold through this scheme will have to Sovereign Gold Bond Scheme 2024 Apply Online, which can be done by visiting the official website of the Reserve Bank of India, rbi.org.in.

Key Details Of Sovereign Gold Bond Scheme 2024

Name Of Scheme Sovereign Gold Bond Scheme
Started By Indian Government
Objective To provide a facility for the citizens of the country to buy digital gold.
Beneficiary citizens of the country
Price of Gold Per Gram 6,263 Rupees
Start Date 12 February 2024
Last Date 16 February 
Benefits 2.50% interest will be provided on purchased gold bonds.
Application Mode Online
Official Website rbi.org.in

Objective Of Sovereign Gold Bond Scheme 2024

The main objective of the Government of India’s launch of the Sovereign Gold Bond Scheme 2024, which was launched to enable the citizens of the country to invest in gold, is to provide the facility for the citizens of the country to buy gold online and use it as a digital currency. Have to do it. Besides, 2.50% interest on the amount of gold invested is to be provided without any tax charges.

Benefits Of Sovereign Gold Bond Scheme 2024 Series 4

The details of the benefits that citizens will get with the launch of Sovereign Gold Bond Scheme 2024 Series 4 launched in the country are as follows.

  1. Citizens of the country can invest in gold without having physical assets.
  2. 2.50% interest will be provided on the amount of gold invested which will be tax-free.
  3. The duration of the scheme is 08 years but the investing citizens can get their amount paid after 05 years.
  4. Citizens will not face any risk by purchasing gold under the scheme because it is under the Government of India.
  5. Citizens of the country can buy gold under this scheme at the price of Rs 6,263 per gram.
  6. On paying the price of purchased gold online, a discount of Rs 50 will be provided per gram of gold.

Important Dates Of Sovereign Gold Bond Scheme 2024 Series 4

The details of the dates of receipt and issue of Subscription Under Sovereign Gold Bond Scheme 2024 Series 4 are as follows.

Subscription Start Date 12 February 2024
Subscription Last Date 16 February 2024
Date Of Issuance 21 February 2024

Sovereign Gold Bond Price 2024

On purchasing gold through Sovereign Gold Bond Scheme 2024, the price of gold per gram has been fixed at Rs 6,263, for which a discount of Rs 50 per gram will be provided on payment online.

Sovereign Gold Bond Taxation

After purchasing gold under the Sovereign Gold Bond Scheme, the period for keeping it is 8 years, but those citizens who want to get the payment along with interest on the amount invested before 8 years, can return the invested amount after 5 years. But they can get the payment of their amount in their bank account at a 2.50% annual interest rate, for which they do not need to deposit any kind of tax because the amount invested under this scheme is tax-free.

Eligibility Criteria Of Sovereign Gold Bond Scheme 2024

The details of eligibility prescribed by the Government of India for the Sovereign Gold Bond Scheme 2024 are as follows.

  1. Citizens of any state of India can invest in gold in this scheme.
  2. Citizens applying should have all the required documents to invest in gold under this scheme.

Required Documents Of Sovereign Gold Bond Scheme 2024 Apply Online

The details of the important documents that the citizens of the country will need to Sovereign Gold Bond Scheme 2024 Apply Online are as follows.

  1. Aadhaar card
  2. PAN card
  3. Address proof
  4. bank passbook
  5. email id
  6. mobile number
  7. passport size photo
  8. Etc.

How To Buy Sovereign Gold Bond Online?

The citizens of the country who want to Buy Sovereign Gold Bond Online should follow this process and easily buy Sovereign Gold Bond Online.

  1. Visit the official website released for the scheme.
  2. On the home page, click on the link to Apply Online.
  3. Now the application form for this scheme will open in front of you on the next page, in which enter all the required details correctly.
  4. Now upload all the required documents.
  5. Now enter the details of the number of grams of gold you want to buy and pay the amount online.
  6. Finally, you click on the submit option.
  7. In this way, you will be able to easily Sovereign Gold Bond Scheme 2024 Apply Online.
Official Website Click Here
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