The government in consultation with the RBI has offered a discount of Rs 50 per gram less than the nominal value to investors applying online and the payment is also made through digital mode.
The SGBs offer an interest rate of 2.5% per annum on the amount of initial Investment, payable semi-annually.
The RDG Accounts of individuals can be used to participate in the issuance of government securities and secondary market operations through the screen-based NDS-OM.
When you buy gold, it is not an investment. It is your capital protection plan.