Wednesday, April 14

Govt Provides Price reduction to Subscribers of Gold Bond Plan Employing Digital Method

Govt Provides Price reduction to Subscribers of Gold Bond Plan Employing Digital Method


The government will give low cost in its forthcoming gold bond scheme to buyers who utilize on the web utilizing the electronic mode.

Appropriately, the Centre in consultation with the Reserve Bank of India will make it possible for discounted of Rs 50 for each gram from the situation rate to investors using the digital medium for subscription.

The concern cost of the bond in the scheme which opens on December 28 is Rs 5,000 for every gram. But traders getting low cost will be authorized to subscribe to the bond at Rs 4,950.

Sovereign Gold Bonds 2020-21 (Collection IX) will be opened for the period December 28, 2020 – January 1, 2021 with settlement day of January 5, 2021.



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