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Sovereign Gold Bond: Why PPF, bank FD investors should think of investing in SGB too — explained

Sovereign gold bonds (SGB), public provident fund (PPF), and bank fixed deposits (FDs) are widely recognised as secure investment options. Each of these choices offers a stable, long-term investment avenue, making the decision between them somewhat challenging.

Sovereign Gold Bonds are issued by the Reserve Bank of India on behalf of the Government of India. These bonds are available in multiples of grams of gold, with the basic unit being 1 gram, and the minimum investment permitted is 1 gram. Investors in sovereign gold bonds receive an annual interest rate of 2.50%. These bonds have a maturity period of eight years, with an option to exit after the fifth year.

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