Sovereign Gold Bond scheme: All we need to know in one graphic

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Following a proclamation in a Union Budget 2015-16 by Finance Minister Arun Jaitley, a supervision in conference with a Reserve Bank of India (RBI) currently motionless to emanate Sovereign Gold Bonds on 26 November.

Applications for a bond will be supposed between 5-20 Nov 2015.

“The Bonds will be sole by banks and designated post offices as might be notified. The borrowing by distribution of a Bond will form partial of marketplace borrowing programme of Government of India,” pronounced a recover from a Ministry of Finance.

The vital facilities of a Bond can be picked adult during one peek from a striking below:

Gold-bond-details_Gold-bond-details_

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