|
Sovereign Gold Bond 2020-2021 – Series V- August 2020 Issue Details: |
|
|
Issue |
Sovereign Gold Bond 2020-2021 – Series V |
|
Issue Opening Date |
August 03, 2020 |
|
Issue Closing Date |
August 07, 2020 |
|
Issue Price for Online Mode |
5,284/- Per Gram (Rs.50 Discount per gram for applying Online & payment in digital mode) |
|
Issue Price for Other Mode |
5,334/- per Gram |
|
Bidding Session Time |
10.00 A.M. to 3.00 P.M.- Physical & Demat mode |
|
Minimum Bid Quantity |
1 (gram) |
|
Maximum Bid Quantity(for Individual & HUF) |
4000 Gram |
|
Maximum Bid Quantity(for Trust and similar entities notified by Govt. ) |
20000 Gram |
|
Issuance mode of the instrument |
Demat / Physical mode |
|
Interest Payable |
2.50% assured interest per annum on the investment payable semi annually |
|
Tenor |
8 years with exit option after the 5th year of the date of issue |
|
Interest on application |
Not applicable |
|
Who can apply? |
Resident Individuals, HUFs, Trusts, Universities and Charitable Institutions |
|
Listing |
NSE / BSE |
· The client who have to apply Physical & Demat Mode will remit through NEFT/RTGS/Transfer to the below mentioned Banks.
|
Beneficiary Name: NSE Clearing – New Mutual Fund Platform |
|
Beneficiary Bank Name: HDFC Bank Ltd |
|
Beneficiary Branch Name: Fort, Mumbai |
|
Account No: 50200009635552 |
|
Account Type: Current Account |
|
IFSC Code (For RTGS / NEFT Transfers) : HDFC0000060 |
· Please ensure the client remit’s the exact amount i.e. Unit price * No. of grams…In case the client’s bank is charging any fees for remittance then add the fees to the total.
· The details of the investment have to be shared in the attached templates.
· The KYC documents in PDF format ( PAN & Aadhaar Card ), DP Master ( for Demat Investor ) & cancelled cheque scan copy have to be mailed.
· Cut of Time for Physical & Demat Mode of SGB on 6th August 2020 is at 7.00 P.M.