SOVEREIGN GOLD BONDS, 2015-16

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....m November 05, 2015 to November 20, 2015. The Government of India may, with prior notice, close the Scheme before the specified period. The terms and conditions of the issuance of the Bonds shall be as follows: 1. Eligibility for Investment: The 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 ch....

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....gram of gold and multiples thereof. Minimum investment in the Bonds shall be 2 grams with a maximum subscription of 500 grams per person per fiscal year (April - March). In case of joint holding, the limit applies to the first applicant. 5. Issue Price Price of the Bonds shall be fixed in Indian Rupees on the basis of the previous week's (Monday - Friday) simple average closing price for....

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.... above and payable at the place where the applications are tendered. 9. Redemption (i)    The Bonds shall be repayable on the expiration of eight years from the date of issue. Pre-mature redemption of the Bond is allowed from fifth year of the date of issue on the interest payment dates. (ii)   The redemption price shall be fixed in Indian Rupees on th....

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....that for physical gold. 14. Applications Subscription for the Bonds may be made in the prescribed application form (Form 'A') or in any other form as near as thereto stating clearly the grams of gold and the full name and address of the applicant. The receiving office shall issue an acknowledgment receipt in Form 'B' to the applicant. 15. Nomination Nomination and its c....