Sovereign Gold Bonds Scheme, 2015
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....ith section 3 of the Government of India Securities Act, 2006. 3. Eligibility for Investment.-- (1) The Gold Bonds under this Scheme may be held by a person resident in India, being an individual, in his capacity as such individual, or on behalf of minor child, or jointly with any other individual. Explanation. - For the purposes of this paragraph, - (i) the expression "person" shall have the same meaning as defined in clause (u) of section 2 of the Foreign Exchange Management Act, 1999 (42 of 1999); (ii) the expression "person resident in India" shall have the same meaning as defined in clause (v) of section 2 of the Foreign Exchange Management Act, 1999 (42 of 1999). 4. Form of subscription and pricing.-- (1) Subscription shall be in the form of denominated units of one gram of Gold or multiples thereof: Provided that the minimum limit of subscription in the Bond shall be of two grams and maximum limit of subscription shall be of five hundred grams per person per fiscal year: Provided further that in case of joint holding, the above limits shall be applicable to the first applicant only. (2) The issue price of Gold Bonds shall be made in ....
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....om the 26th November, 2015, the date of the issue of Gold Bonds: Provided that premature redemption of Gold Bond may be permitted after fifth year from the date of issue of such Gold Bond on the date on which interest is payable. (2) On maturity, the Gold Bonds shall be redeemed in Indian Rupees and the redemption price shall be based on simple average of closing price of gold of 999 purity of previous week (Monday to Friday) published by the India Bullion and Jewelers' Association Limited. (3) The receiving office shall inform the investor of the date of maturity of the Gold Bond one month before its maturity. 12. Eligibility for Statutory Liquidity Ratio.-- The investment in the Gold Bonds under this Scheme shall be eligible for Statutory Liquidity Ratio. 13. Loan against Bonds.-- (1) The Gold Bonds under this Scheme may be used as collateral security for any loan. (2) The Loan to Value ratio as applicable to any ordinary gold loan mandated by the Reserve Bank of India shall also apply to the Gold Bond under this Scheme. (3) The lien on the bond shall be marked in the depository by the authorised banks. 14. Tax Treatment.-- The interest on the Gold Bond sh....
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....ndividual [ ), others ( ], Please specify: 2) Contact details of the Applicant: Address: Telephone / Mobile No. Street/Village/City: Email: 3) Investment details Passport/Aadhar / PAN / TAN / Voter ID No. (any one of the above) State: Pin Code: Grams of gold applied for Total Amount of Investment: Rs. Issuance Price Per gram Gold. (in figures) Rs. _only (in words) Mode of subscription: [ ] Cash Cheque/DD No... dated. ../.. [ ] Cheque/DD drawn on (Bank/branch).... [ ] Electronic Transfer for (Amount) ……………………. …………………………………. (Rupees........ ..only) In case, investment exceeds Rs. 50,000 in cash, PAN number 4) Depository participant details (to avail of option to hold the bond in demat form) Depository Name DP / Client ID NSDL [ ]; CDSL [ ]; For NSDL, enter 8 digit dp ID followed by 8 digit client ID, For CDSL enter 16 digit client ID 5) Bank Details (for Interest/Redemption payment) Bank Name: Account No.: Type of Account: ( ) Saving Bran....
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....iversities, and to the charitable institutions. Minimum subscription 2 Grams and Maximum investment 500 Grams per investor per annum Date of receipt of bond will be the same which is inscribed on the holding certificate. De-mat and Physical both Half yearly Interval, will be served directly in to the account mentioned in the application form or in the Account linked with the Demat a/c. Post Maturity Interest is not payable It is mandatory for the investors to provide bank account details to facilitate payment of interest /maturity value The sole Holder or all the joint holders may nominate one or more persons as nominee 8 years from date of issue On the coupon dates from the 5th year of issuance. these bonds on Trading of exchanges/NDS-OM shall be notified. The holders of the said securities shall be entitled to create pledge, hypothecation or lien in favour of scheduled banks. Branches of all the scheduled commercial banks, and designated Post offices Instructions for Investor/ Applicants a) Application should be complete in all respects. b) Incomplete applications may be rejec....
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....0 001, MAHARASHTRA Disclaimer: I have read and understood the details of information for the investors as well as rights and duties of investors. The agent/bank has explained the features of the scheme to me. Signature of the applicant Date Form 'B' [See Paragraph 5(3)] Acknowledgement Receipt Received from Mr/ Mrs / Ms.. Demand Draft/Cheque No./Electronic Transfer/...... ………………./…………………………./………….. drawn on (Bank and branch) for Application No... grams totaling an amount of (Rupees.. .Cash/ dated only) for the purchase of Sovereign Gold Bond for a period of 8 years, interest payable on basis of the nominal value of (Rupees........ .....only). (Stamp Seal of the Receiving Office) Form 'C' [See paragraph 6 (1)] सतà¥à¤¯à¤®à¥‡à¤µ जयते à¤à¤¾à¤°à¤¤ सरकार Government of India राषà¥à¤Ÿà¥à¤°à¤¿à¤• सà¥à¤µà¤°à¥à¤£ बंधपतà¥à....
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....¤ªà¤¾à¤‚चवें वरà¥à¤· से बà¥à¤¯à¤¾à¤œ à¤à¥à¤—तान की तारीखों को उपलबà¥à¤§ होगा। I hereby certify that, Smt. / Shri is the registered holder of The Sovereign Gold Bond will bear interest at payable at half yearly intervals on every year. The Bonds are redeemable on Rs.. units of Sovereign Gold Bonds 2015-16. -percent per annum on initial investment of -and with the option for early redemption from fifth year on interest payment dates. आवेदन पà¥à¤°à¤¾à¤ªà¥à¤¤à¤•रà¥à¤¤à¤¾ कारà¥à¤¯à¤¾à¤²à¤¯ का नाम Application Receiving Office name- यह पà¥à¤°à¤®à¤¾à¤£à¤ªà¤¤à¥à¤° पà¥à¤°à¤£à¤¾à¤²à¥€ आधारित है अतः हसà¥à¤¤à¤¾à¤•à¥à¤·à¤° आवशà¥....
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