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...
| Scenario | Resolution |
|---|
| You don’t have a Demat account | You’ll need to open one with FYERS or any SEBI-registered depository participant to proceed. |
| You're an NRI wishing to invest anew | New 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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