What are the benefits of SGBs? Why should I buy SGBs instead of physical gold?
- Protection- The quantity of gold that you pay is protected. You are assured the market value of gold at the time of periodic interest and maturity/premature redemption.
- Ownership- Records are held in the books of RBI/demat form which eliminates the risk of loss, theft, etc.
- The risks and costs of storage are eliminated.
- No additional costs- SGBs are free from costs/issues such as making charges and purity, as in the case of physical gold.
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