Opportunity for women to buy cheap gold: Gold bonds can be invested in the festive season from October 25 to 29

Any man or woman can invest a minimum of 1 gram and a maximum of 4 kg of gold in this scheme.

Karvachoth, Dhanteras and Diwali are approaching. There is a good chance to buy gold at the festival. This gold is also available at reasonable prices from the market. However, women also want to buy gold and keep it safe. Government gold bonds are a good option for women who think so. 

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Government gold bonds can be bought in five days from October 25 to October 29, the central government said. In this topic, let us know that gold bonding is beneficial for women and what is the trend of women for investment ...

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What are Sovereign Gold Bonds? And how beneficial is this?

Sovereign gold bonds have been issued by the RBI from the government. This bond is declared by the government, hence its sovereign guarantee. In addition its price is linked to the price of 999 purity gold. The advantage of Sovereign Gold Bonds is that they offer a fixed interest rate of 2.50% per annum on the initial investment. 6 months interest is credited to the investor's bank account. 

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The term of the bond will be for 8 years and the option to withdraw after 5 years will also be available. Gold bonds are tax free on maturity. There is also no risk of default as the government declares.

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If women pay online, they will get a discount of Rs 500 per 10 grams of gold

Every type of investor, male or female, will get a discount of Rs 50 per gram on online application and digital payment, which means a saving of Rs 500 per 10 grams of gold. Any man or woman can invest a minimum of 1 gram and a maximum of 4 kg of gold in this scheme. The maximum limit for trusts or other companies is 20 kg.

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Women will be able to buy gold bonds from here

The bonds will be sold through Bank, Stock Holding Corporation of India Limited, Clearing Corporation of India Limited, Post Office, National Stock Exchange of India and Bombay Stock Exchange.

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37% of women in the country have never bought gold, but want to

According to a report by the World Gold Council, 60% of women in India have gold in the form of jewelry. Another thing found in the survey is that 37% of women in India have never bought gold, but they want to buy jewelery in the future. The survey was conducted on about 6000 customers in India, China and America, including 2000 women.

Read in Gujarati 

25% of women invested in yellow metal

According to a survey by Bengaluru-based online investment platform Grow, gold is still everyone's choice when it comes to investment. 25% of women invested in gold. About 40% of women earning more than Rs 10 lakh a year have increased their interest in gold investment.