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Who is eligible to invest in the SGBs?

By IndianMoney , 5 months ago

A person resident in India as defined under the Foreign Exchange Management Act(FEMA), 1999 are eligible to invest in Sovereign Gold Bond. Eligible investors include individuals, trusts, HUFs, charitable institutions, and universities. Individual investors with subsequent change in residential status from resident to a non-resident may continue to hold SGB till early redemption/maturity.

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