Govt to issue 4 tranches of Sovereign Gold Bonds from October 2021 to March 2022
- As the statement of RBI, Subscription for the next tranche can be done between 25th October to 29th October.
- The Bonds will be sold through Scheduled Commercial banks, designated post offices, and Stock exchanges.
- Bonds will be restricted for sale to resident individuals, HUFs, Trusts, Universities and Charitable Institutions.
- It will be denominated in multiples of gram of gold with a basic unit of 1 gram and Minimum permissible investment will be 1 gram of gold.