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NRI Corner

Investing in gold is much more easy and convenient now. With the Government of India's Sovereign Gold Bonds Scheme you can earn an assured interest rate eliminating risk and cost of storage.

SOVEREIGN GOLD BOND BENEFITS

Ownership of gold without any physical possession (No risks and no cost of storage)

The capital gains tax arising on redemption of SGB to an individual has been exempted. The indexation benefits will be provided to long term capital gains arising to any person on transfer of bond.

Bonds are tradable on stock exchanges within a fortnight of the issuance on a date as notified by the RBI.

Bonds shall be transferable by execution of an Instrument of transfer in accordance with the provisions of the Government Securities Act.

SOVEREIGN GOLD BOND FEATURES

The bonds will be restricted for sale to resident Indian entities including individuals, HUFs, Trusts, Universities and Charitable institutions. For online application through ICICI Bank, the bonds are for sale to only ‘individuals’ through the Internet Banking Channel and iMobile App. Customers falling into other category of investors may however approach the branch and fill-up the application form to apply for the tranche.

The bonds will be denominated in units of one gram of gold and multiples thereof.

Minimum permissible investment will be 1 gram of gold.

Maximum limit of subscription shall be of 4 kg for individuals, 4 kg for Hindu Undivided Family (HUF) and 20 kg for trusts and similar entities notified by the government from time to time

The investors will be paid Interest on the amount of initial investment at the rate notified by RBI for a particular tranche at the time of its launch and is payable semi-annually.

The tenure of the bond will be for a period of 8 years with an exit option from 5th year onwards to be exercised on the interest payment dates.

Redemption price shall be fixed in Indian Rupees and the redemption price shall be based on simple average of closing price of gold of 999 purity of previous 3 business days from the date of repayment, published by the India Bullion and Jewellers Association Limited.

Disclaimer: The content is sourced from the Reserve Bank of India website and is subject to the terms of use and other terms and guidelines, contained within the RBI website. The information contained herein is for general information purposes only and SIHL makes no representations or warranties of any kind, express or implied, about the completeness, accuracy, reliability with respect to the content provided herein for any purpose. Any reliance you place on such information is therefore strictly at your own risk. Nothing contained herein shall constitute or be deemed to constitute an advice, to avail any products/services of SIHL.

SIHL House, Opp.Ambawadi Jain Temple, Nehrunagar Cross Roads, Ahmedabad-380015

Prevent Unauthorised transactions in your account. Update your mobile numbers/email IDs with your stock brokers. Receive information of your transactions directly from Exchange on your mobile/email at the end of the day. Issued in the interest of investors.

KYC is one time exercise while dealing in securities markets - once KYC is done through a SEBI registered intermediary (broker, DP, Mutual Fund etc.), you need not undergo the same process again when you approach another intermediary.

No need to issue cheques by investors while subscribing to IPO. Just write the bank account number and sign in the application form to authorise your bank to make payment in case of allotment. No worries for refund as the money remains in investor's account

REGISTRATION NO

SEBI Regn.no. INZ000167335 Member Code: NSE-07590 BSE- 0943 ICEX-2057 MSE- 10 AMFI ARN- 39843 SEBI Registration No. (DP)- IN-DP-465-2020 NSDL:IN-DP-NSDL-34-97,DP ID:IN300343 CDSL:IN-DP-CSDL-199-2003,DP ID:12029300 Approved person Registration no. with NSDL Database Management Limited(NDML) :IRDA/IR1/2013/004Approved person Registration no. with Center Insurance Repository Limited (CIR): IRDA/IR2/2013/123

REGISTERED ADDRESS:

P04-01E, Tower A, World Trade Center, Block-51, Road 5E, Zone-5, Gyan Marg, GIFT City, Gandhinagar Gujarat 382355 India

SHAH INVESTOR'S HOME LTD. CIN NO:-U67120GJ1994PLC023257 SIHL COMMODITIES LTD. CIN NO:-U45201GJ1995PLC025825SIHL CONSULTANCY LTD. CIN NO:-U74140GJ2006PLC049662 SIHL FINCAP LTD.CIN NO:-U65923GJ2006PLC049661 SIHL GLOBAL INVESTMENTS (IFSC) PVT. LTD. CIN NO:-U67190GJ2016PTC094444SIHL Commodities Ltd. Registration Number:INZ000080030 ,Member Id:16225,NSEL MemberCode :10560,Shah Investor's Home LTD-ARN-39843

CORRESPONDENCE ADDRESS:

SIHL House, Opp. Ambawadi Jain Temple, Nehrunagar Cross Road, Ahmedabad-380015.

For any complains email us at investors@sihl.in Shah Investor's Home Ltd. Member:

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