SBI Gold Deposit Scheme
A new investment avenue has come in the market.
Now you not only ensure safety of your idle gold but also earn interest thereon. The features of this deposit scheme are as follows:
- Gold accepted in any form
- Minimum quantity: 500 gms
- Interest bearing certificates issued against deposits
- Exempt from Income Tax, Wealth tax or Capital Gains
- Maturity period: 3, 4 & 5 years
- Interest Rates 1%, 1.25% & 1.50% for 3, 4 & 5 years respectively
- Premature payment permitted after one year
- Option of redemption of principle in pure gold or equivalent cash
- Nomination, transfer & Loan facilities Available
This is not an advertisement or a way to market. Just informing the investors of the new investment avenue available.
Happy Investing………..
