Sovereign Gold, Work Type online, Service Location Kolkata, Service Rbi floating

Sovereign gold bonds are government securities denominated in grams of gold. These are granted by rbi in the title of the Administration of India they are substitutes for holding physical gold with a tenure of 8 years. Investment limit per financial year for individual & huf minimum 1 gram, Maximum 4 kgfor trusts & other institutions minimum 1 gram, Maximum 20kg guaranteed by the authority of indiazero risk of handling of physical goldappreciation of gold & 2. 5% interest p. A. No tax on capital gain if held till maturityavailable in dmat modetradable on nse/bseno annual management feesit is eligible to function as backing for trading.