If you're seeing the message that fresh buying is blocked for Sovereign Gold Bonds (SGBs) in your FYERS account, it's due to regulatory changes from the Reserve Bank of India (RBI) impacting non-individual account holders.
As per RBI guidelines, depositories like Central Depository Services Limited (CDSL) have been instructed to disallow the credit of SGBs into:
This restriction is aimed at ensuring SGB investments are reserved for eligible individuals and specified entities.
Scenario | Resolution |
---|---|
You hold SGBs in a corporate account | You may continue to sell them; new purchases are restricted. |
You want to invest in SGBs as a non-individual | Consider using an individual Demat account, if eligible. |
Last updated: 26 Jun 2025