Sovereign Gold Bond 2020-2021 – Series IV- July 2020 |
| Issue | Sovereign Gold Bond 2020-2021 – Series IV | | Issue Opening Date | July 06, 2020 | | Issue Closing Date | July 10, 2020 | | Issue Price for Online Mode | 4,802/- Per Gram (Rs.50 Discount per gram for applying Online & payment in digital mode) | | Issue Price for Other Mode | 4,852/- per Gram | | Bidding Session Time | 9.00 A.M. to 5.00 P.M | | Minimum Bid Quantity | 1 (gram) | | Maximum Bid Quantity(for Individual & HUF) | 4000 Gram | | Maximum Bid Quantity(for Trust and similar entities notified by Govt. ) | 20000 Gram | | Issuance mode of the instrument | Demat / Physical mode | | Interest Payable | 2.50% assured interest per annum on the investment payable semi annually | | Tenor | 8 years with exit option after the 5th year of the date of issue | | Interest on application | Not applicable | | Who can apply? | Resident Individuals, HUFs, Trusts, Universities and Charitable Institutions | | Listing | NSE / BSE |
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source: timesnownews.com | Issue Details
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The process to be followed: Physical & Demat
· The client who have to apply Physical & Demat will remit through NEFT/RTGS/Transfer to the below mentioned Banks.
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Beneficiary Name : NSE Clearing – New Mutual Fund Platform |
Beneficiary Bank Name : HDFC Bank Ltd |
Beneficiary Branch Name : Fort, Mumbai |
Account No : 50200009635552 |
Account Type : Current Account |
IFSC Code (For RTGS / NEFT Transfers) : HDFC0000060 |
· Please ensure the client remit’s the exact amount i.e. Unit price * No. of grams…In case the client’s bank is charging any fees for remittance then add the fees to the total.
· The details of the investment have to be shared in the attached templates.
· The KYC documents ( PAN & Aadhaar Card ), DP Master ( for Demat Investor ) & cancelled cheque scan copy have to be mailed.
· Cut of Time for SGB is at 3.00 pm.
