Sovereign Gold Bond Scheme 2023-24

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....nd 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 private trust constituted or recognized under the provisions of any Central or State law for the time being in force and also an exp....

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....an 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 of issue of Gold Bonds- (i) The Gold Bonds shall be issued in the form of a Stock Certificate, as specified in Form 'C' on the date of issue of respective tranches as mentioned in the para 8 of this Notificati....

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....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 the Government Securities Act, 2006 (38 of 2006) and the Government Securities Regulations, 2007, published in part III, Section 4 of the Gazette of India dated the 1st December 2007. (ii) An individual Non-Resident Indian may get the security transferred in his name on account of he being a nominee of a deceased investor; P....

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....f the commission so received with the agents or sub agents for the business procured through them. 20. All other terms and conditions specified in the notification of Government of India, Ministry of Finance (Department of Economic Affairs) vide number F. No.4 (2) W&M/2018, dated the 27th March, 2018 shall apply to the Gold Bond issued under this scheme. By Order of the President of India [F. No. 4(6)-B(W&M)/2023] ASHISH VACHHANI, Addl. Secy. सत्यमेव जयते APPLICATION FORM FOR SOVEREIGN GOLD BOND 2023-24 (Put wherever required) Name of Receiving Office Name of Branch: Mode of Subscription. ☐ Cash Cheque/DD Electronic Transfer Grams of Gold Applied for Cheque/Demand Draft Drawn on (Name of the Bank & Branch) Cheque/Demand Draft No. Dated (In figures) (In words) Amount: Rs. (in figures) (in words) 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, Date of Bi....

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....te, Bank Stamp & Signature of the authorized official of the bank/Post Office In case of thumb impression, attestation by two witnesses Witnesses: Name of 1st Witness Name of 2nd Witness Address Signature 22 THE GAZETTE OF INDIA: EXTRAORDINARY [PART II SEC. 3(i)] H.U.F. declaration (mandatory, if applicant is Karta of HUF) .,residing at the address given against First Applicant, do solemnly affirm that I am the Karta of the Hindu Undivided Family and as such have full powers to sell, endorse, transferor otherwise deal in the Sovereign Gold bonds 2023-24, standing in the name of the HUF. Specimen signature for and on behalf of the HUF (Name of the HUF). Place Date (Signature of the Karta with seal of HUF) FOR OFFICE USE ONLY Date of receipt of BLA Application (DD/MM/YYYY) No. CIF No. Date of Credit to Govt.A/C (DD/MM/YYYY) (DD/MM/YYYY) Nomination registered on HUF declara- tion obtained (Y/N) Total limit NEFT/ECS Any other declaration mandate information obtained obtained (Y/N) (Y/N) Part of Form A Information for Investors of Sovereign Gold Bond 2023-24 Item 1) Category of Investor 2) Limit of investment 3) Date of Issue of bonds 4) Fo....

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....h an attested copy. Please note that nomination facility is available to a Sole Holder or all the joint holders (investors) of an SGB. In case nominee is a minor, please indicate the date of birth of the minor and a guardian can be appointed. Nomination facility is not available in case the investment is on behalf of minor. Please provide bank account details for receiving payment through Electronic mode. f) g) h) i) j) Post maturity interest is not payable. k) Indicate your date of birth. Please notify the change of bank account, if any, immediately. Rights of the Investors a) b) d) Holding Certificate will be issued to the investor. The interest on the bond is paid half-yearly. The servicing of the Interest will be done through the bank account provided in the Application form or through the A/c linked to the demat, as the case may be. Application forms for investments under Sovereign Gold Bonds 2023-24 are available on the website at www.rbi.org.in. A sole holder or all the joint holders may nominate maximum of two nominees to the rights of the bonds. The nomination will be registered at the Office of Issue and a Certificate of Registration will be issue....

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....°à¤• हैं। सॉवरेन स्वर्ण बांड 2023-24 (श्रृंखला III/IV) के प्रारंभिक निवेश Rs.. ब्याज दिया जाएगा, जिसका भुगतान छह माह के अंतराल पर ---------- तारीख और बांड _पर प्रति वर्ष _प्रतिशत तारीख को प्रतिवर्ष किया जाएगा। - को उन्मोचनीय होगा और समयपूर्व उन्मोचन का विकल्....

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.... substitution of the one already made: This nomination is in substitution of the nomination dated... .made by me/us and registered on your books at......... cancelled on registration of this nomination. Place: Date: (Signature(s) of the Stock Certificate holder(s) /BLA holder(s)) Signature with name and address of witnesses: ..which shall stand 1. 2..... Acknowledgment We acknowledge having registered the nomination in favour of.. the Stock Certificate/BLA No.... registration no. is......... for the loan... (Name of nominees) for and the nomination Please quote the above nomination registration no. in all communication pertaining to change or cancellation of nomination. Date:.... Authorised Official. I/We.. dated. Form 'E' [See paragraph 16] CANCELLATION OF NOMINATION 1. (name and address) do here by cancel the nomination .made by me/us in respect of the following Stock certificate/Bond Ledger Account No., and registered by the Public Debt Office/branch of the Agency bank on.... ..(date) vide Registration No... Date of Issue Particulars of the Stock Certificate/ Bonds Nomenclature of Stock Certificate/ Amount(*) The loan BLA No. (Signature(s)....

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....f Baroda 2 Catholic Syrian Bank Ltd. 3 Bank of India 3 City Union Bank Ltd. 4 Bank of Maharashtra 4 Development Credit Bank Ltd. 5 Canara Bank 5 Dhanlaxmi Bank Ltd. 6 Central Bank of India 6 Federal Bank Ltd. 7 Indian Bank 7 HDFC Bank Ltd. 8 Indian Overseas Bank 8 ICICI Bank Ltd. 9 Punjab National Bank 9 IndusInd Bank Ltd. 10 Punjab & Sind Bank 10 Jammu & Kashmir Bank Ltd. [भाग II—खण्ड 3(i)] 11 Union Bank of India 12 UCO Bank भारत का राजपत्र : असाधारण 11 Karnataka Bank Ltd. 12 Karur Vysya Bank Ltd. 13 Kotak Mahindra Bank Ltd. 14 Nainital Bank Ltd. 15 RBL Bank Ltd. 16 South Indian Bank Ltd. 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 3. AB Bank Ltd. 4. Sonali Bank Ltd. 5. Bank of Nova Scotia 6. Industrial & Commercial Bank of China Ltd. 7. BNP Paribas 8. Credit Agricole Corporate & Investment B....