Hello sir, is there any one can provide me application for E gold bond scheme of State bank of India? Also give me SIP return in State Bank Of India E Gold?

Sovereign Gold Bond offered by State Bank of India is the most lucrative form of gold investment.

The gold bond is issued tranches and so it is not available all year round. The first branch of gold bond was issued in November, 2015. Post offices and SBI are the main channels to sell the gold bonds as they both have the highest reach in India.

Application for E gold bond scheme of State bank of India







Benefits of Gold Bond:

Gold bond can be bought online and this makes its purchase relatively easy.
There is no need for safekeeping as it is in a digital form and free from theft.
You can earn interest on the gold bond, but having physical gold doesn’t offer you interest.
This bond is 100% pure and saves you from jewellers that offer impure gold.
Gold bond doesn’t charge any expenses.
You can also take a loan against the gold bond.

SIP in Gold:

The following table shows the SIP returns in Gold for the past 10 years if Rs. 5000 were invested every month.

It is seen that Gold has given reasonable returns.

Period 1 Year 3 Years 5 Years 7 Years 10 Years
Amount Invested (Rs.)
60,000 180,000 300,000 420,000 600,000
SIP Start Date
01/04/2013 01/04/2011 01/04/2009 01/04/2007 01/04/2004
Gold Price (Rs/Gm) (As on March 31, 2014)
2491.67 2491.67 2491.67 2491.67 2491.67
Total no. of units accumulated
23.18 68.49 139.51 249.27 505.79
Investment value (As on March 31, 2014) in Rs
57,753.89 170,653.40 347,613.10 621,101.70 1,260,271.33
Returns on SIP in Gold (%)
-6.89% -3.44% 5.83% 10.99% 14.21%