We are only conducting Seminars to make Professional Traders. Join Now for Hyderabad and Chennai Seminar.

Sovereign Gold Bond (SGB) 2016-17 - Series II

The Government of India has announced the Issue of Sovereign Gold Bond (SGB) 2016-17 - Series II (September 2016).

Sovereign Gold Bonds are Government securities denominated in multiples of gram(s) of gold (1 unit = 1 gram). These Bonds are issued by the Reserve Bank of India on behalf of the Government of India and will be tradable on stock exchange. They are a substitute for investment in physical gold.

Issue Details

  • Issue Closes on: Friday, 9th September 2016
  • Price of Gold: Rs 3150/-
  • Minimum investment: 1 gram
  • Maximum investment: 500 grams
  • Tenure: 8 years with an exit option from 5th year onwards
  • Key Features of Sovereign Gold Bonds
  • SGBs are Government securities denominated in grams of gold (1 unit = 1 gram)
  • Issued by the Reserve Bank of India on behalf of the Government of India
  • Earn returns linked to gold price.
  • Get a fixed interest of 2.75% p.a. payable semi-annually on the amount of initial investment from date of bidding
  • Bonds will carry sovereign guarantee both on redemption amount and on the interest
  • Easy Exit Option - The tenor of the bond is for 8 years with an option to redeem from 5th year onwards on the date on which interest is payable
  • Bonds will be tradable on NSE and BSE
  • Advantages of investing in Sovereign Gold Bond scheme (SGBs) 
  • Safety:  Zero risk of handling physical gold
  •  Interest: Fixed interest of 2.75% on the initial investment from date of bidding.
Tax Benefits: 

  • No TDS applicable on interest
  • Indexation benefit if bond is transferred before maturity
  • Capital gain tax exempt on redemption
  • Assurance of Purity
  • Tradable on Exchange
  • Ease of Borrowing Loan:  Can be used as collateral for loans
Check latest gold rates here.

Most Visited Stocks - Click to Visit Link


"First off all, I just want to say that your service is excellent – by far the best tips service I have encountered and quality of your Jackpot tips is really good and noticed that now I am getting daily profit. I can say that it makes a difference to choose the correct tips provider and it was my luck that I stumbled on your website."

- Rajesh


We Compliment you for becoming a part of mega family of more than 12 Lakh Smart Traders who are getting benefitted with our services worldwide. We assure You that we will deliver more than what we promise. Do remember to leave questions and Feedback. Your Success is Guaranteed with us!

You can Contact us through Contact Box provided on website or You can call us at 09041060460 or Email at info@indian-share-tips.com. You can make Online Payment through Payment Gateway installed on the website as we offer you the highest standard of security currently available on the Net so as to ensure that your online transaction is Private, Safe and Secure.

We Teach and Train our Clients First Before Joining as we want to make sure that clients trade in market as a thorough professional. Charges if any being paid by you are for the teaching and training and Trade Ideas given are provided free with the teaching and training and we do not charge any amount for it. If you can not join the seminar; you can learn from us via mobile and email. Your Joining with us is purely for educational purpose. Your joining is subject to acceptance of our terms and Disclaimer for which link is given on the site at bottom right hand corner. Wherever the word tip is written; it implies an idea which is of informational value and is not suitable for trading. We are conducting Seminars to make Professional Traders. Join Now for Bangalore, Chennai and Hyderabad Seminar. Call Now at 09358493584.
Chart> Nifty A B C D E F G H I J K L M N O P Q R S T U V W X Y Z 0-9