{"id":2067,"date":"2022-12-29T08:19:56","date_gmt":"2022-12-29T02:49:56","guid":{"rendered":"https:\/\/aayushbhaskar.com\/?p=2067"},"modified":"2023-01-11T02:36:58","modified_gmt":"2023-01-10T21:06:58","slug":"how-to-invest-in-sovereign-gold-bond-zerodha","status":"publish","type":"post","link":"https:\/\/aayushbhaskar.com\/how-to-invest-in-sovereign-gold-bond-zerodha\/","title":{"rendered":"How To Buy Sovereign Gold Bond With Zerodha","gt_translate_keys":[{"key":"rendered","format":"text"}]},"content":{"rendered":"
Looking for a seamless way to invest money in Sovereign Gold Bonds?<\/p>\n
Sovereign Gold Bonds (SGBs<\/em>) are a scheme by the Government of India to simplify investments in gold.<\/p>\n SGB enables an individual to invest in the digital gold format without buying physical gold. It is a security investment where the bonds are backed by the government, so there is a very low chance of any defaults.<\/p>\n Investing in SGBs is just like buying physical gold.<\/p>\n This means until your bond matures, you’ll keep earning 2.5% of the principal amount every year. The price of your bonds will depend on the market value of gold at the time of your redemption.<\/p>\n A few of the benefits of investing in SGBs are:<\/p>\n Zerodha allows all of its users to buy Sovereign Gold Bonds without extra fees and using their same Kite account.<\/p>\n Investing in SGB through Zerodha is much simpler and quicker than banks and post-offices.<\/p>\n In this guide, I’ll show you how to buy and invest in Sovereign Gold Bond Scheme using Zerodha. Step by Step.<\/p>\n Let’s get started!<\/p>\n SGBs are not available to buy throughout the year.<\/p>\n The government of India issues these bonds in four to six series. The investment options generally start from May and end in the first week of September.<\/p>\n To find the issue date for the rest of the year, visit ICICI bank’s SGB upcoming schedule page here.<\/a><\/p>\n <\/p>\n On this page, under the column “Date of subscription” you’ll find the period when SGB issues are open for investors to purchase. Under the column “Date of Issuance,” you’ll find the date when the SGB units you purchased will get credited into your account.<\/p>\n You’ll only be able to invest in SGB during this specific period. So make sure you plan in advance how much gold you’d like to buy in a particular tranche.<\/p>\n Usually, the scheme period is about 5 days.<\/p>\n You can choose to buy SGB on any of these 5 days.<\/p>\n Once you pick a day, the next step is placing the purchase order.<\/p>\n <\/p>\n\n
Step 1: Find the latest SGB series issue dates<\/h2>\n