How do I sell my Sovereign gold bond?

Without a PAN, one cannot apply for investing in gold bonds. The gold bonds are sold through the offices or branches of Nationalized Banks, Scheduled Private Banks, Scheduled Foreign Banks, Designated Post Offices, and the Stock Holding Corporation of India.

How do you sell gold bonds before maturity?

Exit via exchanges Investors holding the bonds in dematerialized form can sell it on the stock exchange if they need the funds before its maturity. The price of the bonds in the market will reflect the price of gold and the demand and supply of the bonds.

Is Sovereign Gold bond transferable?

Sovereign Gold Bonds can be gifted, and are transferable to a relative, friend, or anybody who fulfils the eligibility criteria. Please note – Bonds shall be transferable by execution of an Instrument of transfer in accordance with the provisions of the Government Securities Act and Regulations.

Can I cancel Sovereign Gold bond?

Investors of SGBs are given a holding certificate. The tenor of the SGB is eight years, however, if the investors want to withdraw the bond before this period, then the facility is available after the fifth year from the date of issue on coupon payment dates.

How do I transfer my SGB to another person?

2 Demat request forms for each SGB series/ISIN (Please sign in both the DP and Signature with RTA/Issuer/Co fields) 1 Value Free Transfer Letter for each SGB series/ISIN. Holding Statement of the holder from NSDL DP duly stamped and signed by the authorized signatory of the DP. Self-attested ID proof.

Can gold bonds be transferred?

How do I sell Sovereign Gold bond on Zerodha?

How to Sell Sovereign Gold Bond in Zerodha? Subscribers holding the SGBs in dematerialized form can sell it on the stock exchange if they need the amount before its maturity. The price of the SGBs in the stock market will reflect the price of gold and the demand and supply of gold bonds.

How can I sell Sovereign gold bonds in secondary market?

You can sell the sovereign gold bonds in the secondary market (NSE/BSE) if holding in Demat format. That’s the reason we request investors to buy SGB in demat format so early encashment/redemption is possible via exchange. Bonds are traded as normal shares, but with very low volume.

Can I sell a bond at any time after 5 years?

However early encashment/redemption of the bond is allowed after fifth year from the date of issue on coupon payment dates. If you want to sell it even before 5 year you can sell it anytime through stock exchange if held in the demat form. If not in demat form then you can covert it in demat form.

How do I make a claim on a sovereign gold bond?

The claim has to be supported by documents such as the Will and succession certificate. If you have more queries, write in to [email protected], which is a dedicated email created by RBI to address queries on sovereign gold bonds. * Thank you for subscribing to our newsletter.

How can I Sell my gold bonds?

The govt pays you to differ your gold purchase decision, because that helps economy. They are extremely liquid. You can cash it any time you want, buy selling it on NSE or BSE (stock exchange). You will get todays gold price for the bond you sell. If gold price is lot higher compared to your purchase price, you will get good profit.