Eligibility Criteria for Investing in SGB Scheme

Who is eligible to participate in the SGB scheme?

The Sovereign Gold Bond Scheme is accessible to a wide range of investors. Here's a list of eligible participants:
  1. Individuals: Both resident and non-resident Indians (subject to RBI's specific regulations) can invest in SGBs.
  2. Hindu Undivided Families (HUFs): An HUF, representing a family unit, can invest under the head of the Karta.
  3. Trusts, Universities, and Charitable Institutions: These entities are also eligible to invest in SGBs as long as they comply with the conditions stipulated by the Reserve Bank of India.
Note: A key criterion for investing in SGBs is possessing an active Demat account. This ensures electronic storage and easy trading of the bonds. If you don't have one, you can easily sign up for a Demat account with FYERS.

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