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In terms of Government of India Notification No.4(4)-B(W&M)/2020 dated October 09, 2020, Sovereign Gold Bonds 2020-21 (Series XII) will be opened for the period March 01-05, 2021 with Settlement date March 09, 2021. The issue price of the Bond during the subscription period shall be ₹ 4,662 (Rupees Four thousand Six hundred Sixty two only) – per gram, as also published by RBI in their Press Release dated February 26, 2021.
The Government of India in consultation with the Reserve Bank of India has decided to allow discount of ₹ 50 (Rupees Fifty only) per gram from the issue price to those investors who apply online and the payment is made through digital mode. For such investors the issue price of Gold Bond will be ₹ 4,612 (Rupees Four thousand Six hundred twelve only) per gram of gold.
Sovereign Gold Bond digital payment discount: online applications with digital payment receive a reduced issue price during subscription. Sovereign Gold Bond Scheme 2020-21 (Series XII) fixes the issue price for the March subscription and provides a conditional digital payment discount for investors who both apply online and make payment through digital modes; the discount is available only for purchases completed during the specified subscription period and follows Government of India consultation with the Reserve Bank of India.Press 'Enter' after typing page number.