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PRODUCT NOTE

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