How can I apply for or buy Sovereign Gold Bonds (SGBs) on FYERS?
You can invest in Sovereign Gold Bonds (SGBs) on FYERS in two ways — by subscribing during RBI’s primary issue window through the FYERS SGB Portal, or by buying listed SGBs in the secondary market on NSE/BSE via FYERS platforms. Each route has a different process.
Method 1: Apply in the Primary Market (Fresh Issues)
Applications for new SGB tranches are available as per RBI’s calendar. FYERS provides a dedicated portal for applying: https://sgb.fyers.in/
Access the SGB portal:
Log in using your FYERS credentials.
View ongoing issues:
Browse the active series to check details like price, tenor, and subscription dates.
Initiate application:
Click Apply Now for the chosen issue.
- Submit investment details:
Enter the number of grams you want to apply for and tick the confirmation checkbox. Ensure fund availability:
Check that your FYERS trading account has sufficient balance. Add funds if required.
Confirm application:
Click Submit and approve the UPI mandate from your registered bank app.
Once RBI completes allotment, bonds are credited to your Demat account linked with FYERS.
Method 2: Buy in the Secondary Market (NSE/BSE)
If the subscription window is closed, you can buy listed SGBs on NSE/BSE via FYERS platforms:
- Login to your preferred platform.
- Search for the SGB series (e.g.,
SGBJUL29-GB). - Review live quotes, bid/ask, and available volumes.
- Place a Delivery CNC buy order.
- Once executed, the bonds are credited to your Demat account.
Note: Secondary market liquidity may be limited, which could affect price or execution speed.
Charges
What if...
| Scenario | Resolution |
|---|
| You don’t see an issue listed on the portal | The subscription window may be closed. Wait for the next RBI tranche. |
| Your funds are insufficient | Use the Add Funds option in your FYERS account before retrying. |
| You miss approving the UPI mandate | Your application will be invalid. Cancel and reapply within the issue window. |
| You want to sell before maturity | You can sell anytime in the secondary market. See this article for redemption steps. |
| You are unsure if you’re eligible | Check this article to know who can invest in SGBs. |
If you plan to hold till maturity, applying via the primary market is the most cost-effective option since it is completely free of charges.
Last updated: 26 Sep 2025
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