Sovereign Gold Bonds: min 2g, max 500g yearly; demat option; half-yearly interest; 8-year tenor; early redemption from year five. Sovereign Gold Bonds Scheme 2015-16 sets subscription rules (min 2g, max 500g per investor per annum), requires applicant identification and bank details, permits holding in demat or physical form, provides half-yearly interest payments and an eight-year tenor, allows early redemption from the fifth year on interest dates, and establishes nomination, transfer and pledge rights with prescribed forms and servicing through nominated bank accounts.
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Provisions expressly mentioned in the judgment/order text.
Sovereign Gold Bonds: min 2g, max 500g yearly; demat option; half-yearly interest; 8-year tenor; early redemption from year five.
Sovereign Gold Bonds Scheme 2015-16 sets subscription rules (min 2g, max 500g per investor per annum), requires applicant identification and bank details, permits holding in demat or physical form, provides half-yearly interest payments and an eight-year tenor, allows early redemption from the fifth year on interest dates, and establishes nomination, transfer and pledge rights with prescribed forms and servicing through nominated bank accounts.
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