Sovereign Gold Bond Scheme 2022-23

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....ification), Stock Holding Corporation of India Ltd. (SHCIL), the authorised stock exchanges, and Clearing Corporation of India Limited (CCIL) or any other entity as may be approved by RBI as specified in Annexure III to this Notification. c) "Stock Certificate" means the Gold Bond issued in the form of Government of India Stock in accordance with Section 3 of the Government Securities Act, 2006. 3. Eligibility for Investment- The Gold Bonds issued under this Scheme may be held by a Trust, HUFs, Charitable Institution, University or 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) "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). (iii) "Trust" means a trust constituted/formed as per the Indian Trusts Act, 1882, or a public or priv....

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....lion and Jewellers Association Limited, for the last 3 working days of the week preceding the subscription period. (iii) The issue price of the Gold Bonds will be less than the nominal value by Rs.50 per gram to those investors applying online and making the payment against the application through digital mode. 5. Procedure for making application for subscription to Gold Bonds- (i) Any person who is desirous of subscribing to the Gold Bonds shall apply to any Receiving office in Form 'A' or in any other form as near as thereto, clearly stating the grams of gold, full name and address of the applicant/s. (ii) Every application shall contain such documents and particulars as specified in the instructions contained in the Application Form. (iii) Every application must be accompanied by the 'PAN Number' issued by the Income Tax Department to Individuals and other entities. (iv) On receipt of an application under sub paragraph (i), the Receiving office shall issue an acknowledgment receipt in Form 'B' if all requirements of the application are fulfilled. (v) An incomplete application is liable to be rejected. 6. Date and form o....

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....tory Liquidity Ratio- Bonds acquired by the banks through the process of invoking lien/hypothecation/pledge alone, shall be counted towards Statutory Liquidity Ratio. 14. Loan against Bonds- (i) The Gold Bonds issued under this Scheme may be used as collateral security for availing any loan. Such loans could be granted by marking lien on Gold Bonds appropriately. (ii) The Loan to Value ratio as applicable to any ordinary gold loan mandated by the Reserve Bank of India shall also apply to the Bonds issued under this Scheme. Note: The loan against Gold Bonds would be subject to decision of the bank/financing agency, and cannot be inferred as a matter of right. 15. Tax Treatment- The interest received on the Gold Bond shall be taxable as per the provisions of the Income-tax Act, 1961 (43 of 1961). The capital gains tax arising on redemption of these bonds to an individual is exempted. The indexation benefits will be provided for the long-term capital gains arising to any person on transfer of bond. 16. Nomination- (i) Nomination of and its cancellation shall be made in Form 'D' and Form 'E', respectively, in accordance with the provisions of t....

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....(in words) 21 Cheque/Demand Draft No. Dated PAN number of the first/ sole applicant (mandatory) Applicant status: Resident Individual [ ], Trusts [ ], Charitable Institution[ ], University [ ], others ( ), Please specify: Applicant(s) Detail (in block letters) IF ANY FIRST/ SOLE APPLICANT'S NAME IN FULL, EXISTING RBI INVESTOR ID, Passport/Aadhar / PAN/TAN / Voter ID No. (any one of the above) SECONDAPPLICANT'S NAME IN FULL Passport/Aadhar / PAN/TAN / Voter ID No. (any one of the above) Guardian (in case of minor) Passport/Aadhar / PAN/TAN / Voter ID No. (any one of the above) Date of Birth (minor) FIRST/SOLE APPLICANT'S/GUARDIAN'S ADDRESS IN FULL (DO NOT FILL IN NAME AGAIN) CONTACT DETAILS Phone Fax 22 THE GAZETTE OF INDIA: EXTRAORDINARY Email BANK PARTICULARS FOR PAYMENT OF INTEREST WARRANT/ REDEMPTION Account Holder Name Bank Name IFSC Code Account No. Branch Name/Address Account Type SB Account Current Account Nominee details- Nomination Form (as applicable) to be filled and attached Depository participant details (to avail of option to hold the bond in demat form) Depository ....

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....nvestors of Sovereign Gold Bond 2022-23 12) Loans from banks against the security of these bonds 13) Application forms Sovereign Gold Bond 2022-23 The Bonds will be restricted for sale to resident Indian entities including individuals, HUFs, Trusts, charitable institutions and Universities. Minimum subscription of One Gram and Maximum investment of Four kg for individuals and HUF and 20kg for trust and similar entities per investor per annum. Date of receipt of bond will be the same which is inscribed on the holding certificate. Demat and Physical (Certificate of Holding). Half yearly intervals. Interest will be credited directly into 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 a maximum of two persons as nominee. Eight years from the date of issue. On the coupon dates after fifth year from the date of issue of Bond Bonds will be tradable. The holders of the ....

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....payment amount within five clear working days from the date of tender of application for early redemption. The nomination can be altered by registering a fresh nomination. In case the bank does not comply with the above, you may lodge a complaint in writing in to the nearest office of Reserve Bank of India as under: THE REGIONAL DIRECTOR, RESERVE BANK OF INDIA, CONSUMER EDUCATION AND PROTECTION DEPARTMENT/ BANKING OMBUDSMAN (LOCATION) YOU MAY ALSO ADDRESS YOUR COMPLAINT TO: THE CHIEF GENERAL MANAGER INTERNAL DEBT MANAGEMENT DEPARTMENT CENTRAL OFFICE FORT, MUMBAI-400 001, 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 [भाग II—खण्ड 3(i)] भारत का राजपत्र : असाधारण Date Form 'B' [See Paragraph 5 (4) ] Acknowledgement Receipt Application No... 25 25 Received from Mr / Mrs / Ms. draw....

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....मोचनीय होगा और समयपूर्व उन्मोचन का विकल्प पांच वर्ष बाद ब्याज भुगतान की तारीखों को उपलब्ध I hereby certify that, Smt. / Shri holder of is the registered units of Sovereign Gold Bond 2022-23– Series III/IV. The Sovereign ----percent per annum on initial investment of Rs.-- -------and Gold Bond 2022-23 - Series III / IV will bear interest at payable at half yearly intervals on redeemable on आवेदन प्राप्तकर्ता कार्यालय every year. The Bonds are with the option for early redemption after fifth year on interest payment dates. Application Receiving Office यह प्रमाणपत्र ....

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....No... here by cancel the nomination ..(date) vide Registration Particulars of the Stock Certificate/ Bonds Date of Issue Nomenclature of The loan Place: Date: Stock Certificate/ BLA No. Amount(*) (Signature(s) of the Stock Certificate holder(s) /BLA holder(s)) भारत का राजपत्र : असाधारण 27 [भाग II–खण्ड 3 ( i ) ] Signature with name and address of witnesses: 1. 2. Acknowledgment We acknowledge having cancelled the nomination in favour of for the Stock Certificate/BLA No... nomination registration no.. Date:..... Dated.. ....... .Authorised Official... for the loan (Name of Nominees) ..noted vide our I/We* stock certificate number. Form 'F'[See paragraph 17] TRANSFER OF STOCK CERTIFICATES (transferor/s) do hereby assign and transfer my/our* interest or share in the inscribed percent Government Loan of .of being the amount /a portion of the stock for accrued and I/We* interest thereon to........ transferred tome/us*. ....

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.... 17 Tamilnad Mercantile Bank Ltd. 18 Yes Bank Ltd. 19 Bandhan Bank 20 IDFC First Bank Ltd 21 IDBI Bank Ltd. FOREIGN BANKS 1. Australia and New Zealand Banking Group Ltd. 24. Woori Bank 2. Bank of Bahrain & Kuwait BSC 25. KEB Hana Bank 3. AB Bank Ltd. 26. Industrial Bank of Korea 4. Sonali Bank Ltd. 27. Kookmin Bank 5. Bank of Nova Scotia 28. Bank of Ceylon 6. Industrial & Commercial Bank of China Ltd. 29. Credit Suisse A.G 7. BNP Paribas 30. CTBC Bank Co., Ltd. 8. Credit Agricole Corporate & Investment Bank 31. Krung Thai Bank Public Co. Ltd. 9. Societe Generale 32. Abu Dhabi Commercial Bank Ltd. 10. Deutsche Bank 33. Mashreq Bank PSC 11. HSBC Ltd 34. First Abu Dhabi Bank PJSC 12. PT Bank Maybank Indonesia TBK 35. Emirates Bank NBD 13. Mizuho Bank Ltd. 36. Barclays Bank Plc. 14. Sumitomo Mitsui Banking Corporation 37. Standard Chartered Bank 15. MUFG Bank, Ltd. 38. NatWest Markets Plc 16. Cooperatieve Rabobank U.A. 39. American Express Banking Corporation 17. Doh....