Sovereign Gold Bond 2023-24 Series IV
Government of India Sovereign Gold Bond paying 2.5% p.a. regular interest on issue price plus full 999 purity market gold appreciation with zero capital gains tax.
Investment Specifications & Ledger
Structured parameters governing coupon returns, statutory lock-in, minimum allocation lots, and credit safety.
2.50% p.a. + Gold Returns
Guaranteed 2.5% p.a. paid semi-annually plus 100% of gold market price appreciation.
8 Years (Exit in 5th Year)
Maturity tenure of 8 years with exit window available on 5th, 6th, and 7th year.
1 Gram (up to 4 KG)
Issued at sovereign RBI price discount with zero making or storage charges.
100% Tax-Free on Maturity
Capital gains tax fully exempted on redemption at maturity for individual investors.
Reserve Bank of India
Direct sovereign guarantee of the Government of India with zero credit risk.
Demat or RBI Bond Ledger
Credited to CDSL/NSDL Demat or held as physical RBI Certificate of Holding.
Sovereign Gold Bond Mechanism & Safety
Sovereign Gold Bonds (SGBs) represent the government-backed benchmark for investing in gold. Issued by the Reserve Bank of India on behalf of the Government of India, SGBs eliminate the risks, holding costs, and making charges associated with physical gold while providing a guaranteed annual return.
Dual Return Engine
Earn 2.50% p.a. guaranteed interest paid semi-annually plus 100% of the market price appreciation of pure gold.
Zero Tax on Maturity
Long-term capital gains on redemption at maturity after 8 years are 100% exempt from income tax.
No Making Charges
Avoid 10%–25% wastage, purity deductions, GST on purchase, and locker storage expenses.
Sovereign RBI Paper
100% sovereign-backed paper with zero default risk, eligible as loan collateral with banks.
Speak to Wealth Desk
Assistance with Sovereign Gold Bond tranches, Demat allotment verification, and secondary market liquidity execution.
Investor Eligibility & Mandatory Documentation
Statutory guidelines governing eligible applicant categories, time limits, and KYC submission requirements.
Eligible Investors & Categories
- Resident Individuals & HUFs: Resident individual investors, Hindu Undivided Families, and senior citizens.
- Non-Resident Indians (NRIs): Eligible through NRO/NRE bank accounts subject to FEMA guidelines.
- Corporate Entities & LLPs: Private limited companies, partnership firms, and limited liability partnerships.
- Trusts & Societies: Registered charitable, religious, and family office trusts.
- Investor Protection: Covered by applicable regulatory frameworks and statutory investor grievance mechanisms.
Mandatory Documentation Checklist
- 1. Self-Attested PAN Card: Clear photocopy of PAN card for all applicants and authorized signers.
- 2. Government Address Proof: Aadhaar Card, Valid Passport, Voter ID, or Utility bill matching records.
- 3. Original Cancelled Cheque: Bank cheque leaf displaying investor account number, printed name, and IFSC code.
- 4. Demat Client Master List (CML): Self-attested CML from depository participant if holding in Demat format.
- 5. Passport Photograph / KYC Form: Recent photograph and signed application mandate.
How to Invest in 4 Easy Steps
Our private wealth desk guides you from initial mandate review to seamless execution and custody confirmation.
Mandate Selection & Advisory
Select your preferred tenure and payout structure with our wealth specialist to ensure alignment with liquidity needs and tax goals.
Paperless Digital KYC
Complete digital verification using Aadhaar OTP / CKYC registry with instant account verification and zero physical paperwork.
Secure Direct Remittance
Transfer investment capital directly to the regulated issuer or bank collection account via UPI, Netbanking, or RTGS.
Certificate Generation & Custody
Receive instant digital confirmation and formal deposit / holding receipt credited to your CDSL/NSDL Demat portfolio.
Key Inquiries & Investor Clarifications
Frequently asked questions regarding product structure, regulatory protection, onboarding, and wealth advisory.
How do I start an investment through MFeasy?
You can click on the Invest / Apply button to initiate paperless online onboarding, or speak with our wealth desk via WhatsApp / phone for assisted documentation and RTGS remittance verification.
What is the role of MFeasy and KS Finoleg Services Pvt Ltd?
MFeasy is an institutional financial distribution platform operated by KS Finoleg Services Pvt Ltd, an AMFI-registered Mutual Fund Distributor (ARN-307640, APRN: APRN039894). We facilitate direct investments across regulated financial products.
Are there any platform charges or advisory fees?
No, MFeasy does not levy any platform fee or advisory surcharge on clients for direct product distribution and execution assistance.
Can investments be held in Demat form?
Yes, all eligible market debentures, bonds, mutual fund units, and unlisted securities are credited directly to your CDSL or NSDL Demat account.
Regulatory Disclosures: MFeasy is a financial services brand owned and operated by KS Finoleg Services Pvt Ltd (AMFI Registered Mutual Fund Distributor ARN-307640, APRN: APRN039894). Capital gains bonds, corporate fixed deposits, debentures, loans, and investment products are subject to terms of issue, sovereign notifications, market conditions, and applicable statutory provisions. Past performance does not guarantee future results. Tax implications may vary based on individual investor status and amendments to tax legislation. Investors are advised to consult their certified chartered accountant or legal advisor before making an investment decision.