Is there a minimum and maximum limit for investing in SGBs?
SGBs are issued in denominations of 1 gram of gold and multiples thereof.
Investor Type | Minimum Investment | Maximum Investment |
---|---|---|
Individuals & HUFs | 1 gram | 4 Kgs per year |
Trusts and similar entities (as notified by the Government from time to time during the financial year) | 1 gram | 20 Kgs per year |
- In the case of joint holding, the limit applies to the first applicant.
- The annual ceiling includes bonds subscribed under different tranches during the initial issuance by the Government and those purchased from the secondary market.
- The ceiling on investments will not include holdings given as collateral to banks or other financial institutions.
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