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Introduction

Introducing a smarter way to invest in Gold, online through Sovereign Gold Bonds issued by Government of India and The Reserve Bank of India (RBI)


Invest and earn a fixed rate of 2.50 per cent per annum payable semi-annually on the nominal value.


The Gold Bonds are being issued in tranches as below

o Tranche Date of Subscription Date of Issuance of Bonds
1 2019-20 Series I August 05-09, 2019 August 14, 2019
2 2019-20 Series II September 09-13, 2019 September 17, 2019


Invest in Sovereign Gold Bonds today by calling your PL Relationship Manager.

Click here to view Frequently Asked Questions (FAQs) for Sovereign Gold Bonds.

Key features of the scheme

Sl. No. Item Details
1 Product name Sovereign Gold Bond 2019-20
2 Insurance To be issued by Reserve Bank India on behalf of the Government of India.
3 Eligibility The Bonds will be restricted for sale to resident individuals, HUFs, Trusts, Universities and Charitable Institutions.
4 Denomination The Bonds will be denominated in multiples of gram(s) of gold with a basic unit of 1 gram.
5 Tenure The tenure of the Bond will be for a period of 8 years with exit option after 5th year to be exercised on the interest payment dates.
6 Minimum size Minimum permissible investment will be 1 gram of gold.

To invest in Sovereign Gold Bonds, please write into mfss@plindia.com or pl-ipodesk@plindia.com or contact Ms. Ankita Thakur (022-663222305) or Mr. Nilesh Shinde (022-66322291)