Last Day to Subscribe for SGB Tranche 2023-24 Series III; Invest Through Bajaj Markets
22.12.2023 - 06:00:24
(SGB) tranche 2023-24 Series III on Bajaj Markets, a subsidiary of Bajaj Finserv. The subscription window, as per RBI’s notification, started on 18th December 2023 and ends on 22nd December 2023.
Here’s an overview of the prices fixed for the latest SGB tranche:
Disclaimer: These rates are as per RBI’s notification, dated 15th December 2023.
This means, individuals investing in SGBs online get a discount of Rs. 50/gram. Upon subscription, investors receive a Holding Certificate as proof of their investment. The date of issuance as notified by RBI is December 28, 2023.
Investors can choose flexible denominations for SGB subscriptions, starting from a minimum of one gram. For individuals, the investment limit has been fixed at a minimum of 1 gram and maximum of 4kgs.
Here are some features and benefits of investing in SGBs:
Individuals can start investing in SGBs until 22nd December 2023 by visiting Bajaj Markets website or downloading the app. Additionally, one can explore similar investment options such as National Pension Scheme (NPS) and tax-saver FDs.
About Bajaj Markets
Bajaj Markets, a subsidiary of Bajaj Finserv and one of the fastest-growing fintech companies in India, is a digital marketplace that offers multiple financial products across all categories - Loans, Cards, Insurance, Investments, Payments, Pocket Insurance, and VAS. Bajaj Markets has partnered with trusted financial brands to offer “India ka Financial Supermarket”. A one-stop destination where its customers can explore a host of products that can help them achieve their financial life goals. Having started its journey as a fintech, Bajaj Markets has since then built a very strong business as a techfin. It offers a wide gamut of Digital Technology Services which span across Digital Applications, Enterprise Solutions, Data Engineering, Business Analytics, Quality Engineering, and Cloud Services.
Visit the Bajaj Markets website or download the Bajaj Markets’ app from the Play Store or App Store to experience “India ka Financial Supermarket”.
Here’s an overview of the prices fixed for the latest SGB tranche:
| Mode | Price (per gram) |
| Online investment | Rs. 6,149 |
| Offline investment | Rs. 6,199 |
Disclaimer: These rates are as per RBI’s notification, dated 15th December 2023.
This means, individuals investing in SGBs online get a discount of Rs. 50/gram. Upon subscription, investors receive a Holding Certificate as proof of their investment. The date of issuance as notified by RBI is December 28, 2023.
Investors can choose flexible denominations for SGB subscriptions, starting from a minimum of one gram. For individuals, the investment limit has been fixed at a minimum of 1 gram and maximum of 4kgs.
Here are some features and benefits of investing in SGBs:
- 2.50% p.a. assured return
- Backed by Reserve Bank of India
- Returns linked with gold prices
- 8-year maturity period
- Premature redemption option available from 5th year
- Can be traded on stock exchanges, if investment is held in Demat account
- Gifting/transfer of SGBs is available depending on the eligibility of the sender and receiver
Individuals can start investing in SGBs until 22nd December 2023 by visiting Bajaj Markets website or downloading the app. Additionally, one can explore similar investment options such as National Pension Scheme (NPS) and tax-saver FDs.
About Bajaj Markets
Bajaj Markets, a subsidiary of Bajaj Finserv and one of the fastest-growing fintech companies in India, is a digital marketplace that offers multiple financial products across all categories - Loans, Cards, Insurance, Investments, Payments, Pocket Insurance, and VAS. Bajaj Markets has partnered with trusted financial brands to offer “India ka Financial Supermarket”. A one-stop destination where its customers can explore a host of products that can help them achieve their financial life goals. Having started its journey as a fintech, Bajaj Markets has since then built a very strong business as a techfin. It offers a wide gamut of Digital Technology Services which span across Digital Applications, Enterprise Solutions, Data Engineering, Business Analytics, Quality Engineering, and Cloud Services.
Visit the Bajaj Markets website or download the Bajaj Markets’ app from the Play Store or App Store to experience “India ka Financial Supermarket”.
