A Punchy Headline
PRODUCT NOTE
| Issuer | Issued by Government of India | |
| Subscription Opens On | November 29th, 2021 | |
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Subscription Closes On
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December 3rd, 2021
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Date of Issuance
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December 7th, 2021
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Price of the Gold
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Rs. 4791/- per gram (Rs. 4741/- per gram (for applying online & payment in digital mode)
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Discount
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Rs. 50 per gram for online/digital payment (No Discount on Physical Application mode)
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Bid Lot
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1 gram & in multiple thereafter
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Minimum Application Size
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Minimum permissible investment will be 1 gram of gold
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Maximum Application Size
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Not be more than 4kg for individuals/HUFs and 20kgs for trusts per fiscal year (April-March)
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Interest Payable
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2.5% assured interest per annum on the investment payable semi annually
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Tenor
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8 years with exit option after the 5th year of the date of issue
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Listing
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BSE/NSE
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