Sovereign Gold Bond nomination allows holders to designate nominees and appoint guardians for minor nominees, with registered acknowledgement. Nomination under the Sovereign Gold Bond Scheme 2020-21 lets a holder designate persons to receive the government securities and payment due on death. The ... Summary
Sovereign Gold Bond nomination allows holders to designate nominees and appoint guardians for minor nominees, with registered acknowledgement.
Nomination under the Sovereign Gold Bond Scheme 2020-21 lets a holder designate persons to receive the government securities and payment due on death. The form requires nominee particulars, witness signatures, and holder signature; an authorised official issues a registration acknowledgement and number. For minor nominees the holder may appoint a guardian to receive payments until majority. A newly registered nomination can substitute and cancel an earlier registered nomination.
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