What are my chances of getting an allotment if I apply for an SGB issue?
When you apply for a Sovereign Gold Bond (SGB) issue through FYERS, your chances of receiving an allotment are generally high, provided you meet the following conditions:
Application Timing: Ensure that your application is submitted prior to the closing date of the SGB issue.
Valid Demat Account: You must have a functional Demat account with FYERS for the allotment of SGBs.
By adhering to these requirements, you are typically assured of receiving the SGB allotment, as SGB issues are not usually oversubscribed.
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