SGB or Sovereign Gold Bonds are government securities denominated in grams of gold. They’re a safe alternative to holding physical gold. By investing in them you can earn 2.5% interest + Gold price appreciation and enjoy tax benefits if you hold them till maturity.

To invest in SGBs from our web platform, follow these steps:

Step 1: Login to the Upstox web platform.

Step 2: Click on ‘SGB’ from the top bar.

Step 3: Go through the details of the SGB and click on ‘Apply’.

Step 4: Select the number of units you wish to purchase and review your order.

Step 5: Select a payment mode and complete the payment process.

Step 6: Done! Your order has been placed.

If all details of your application are correct, you will get to know about your allotment status on the allotment date which is around 7 days from the application closing date. In case your application fails, the order amount will be credited to your Upstox wallet within one working day.