Who is eligible to participate in the SGB scheme?

Who is eligible to participate in the SGB scheme?

The Sovereign Gold Bond (SGB) Scheme is open to a wide array of investors, making it an accessible and regulated gold investment alternative for various categories.

Eligible participants

  • Individuals:
    Resident Indian individuals are eligible to invest. Non-resident Indians (NRIs) can hold existing bonds on a non-repatriation basis, but fresh subscriptions are not permitted as per RBI guidelines.
  • Hindu Undivided Families (HUFs):
    HUFs can invest under the name of the Karta, who acts as the family representative.
  • Trusts, Universities, and Charitable Institutions:
    These organizations are permitted to invest provided they comply with RBI norms.

Important Requirement

  • Demat account:
    To invest via FYERS, an active Demat account is mandatory. SGBs are stored in Demat form for easy tracking, security, and trading.

What if...

ScenarioResolution
You don’t have a Demat accountYou’ll need to open one with FYERS or any SEBI-registered depository participant to proceed.
You're an NRI wishing to invest anewNew investments are not permitted for NRIs. You can only hold existing bonds until maturity.
If you’re a new investor without a Demat account, FYERS offers an easy onboarding process to get started with SGB investments.

Last updated: 26 Jun 2025

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