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:

  1. Login to the Upstox web platform - Link
  2. Click on ‘SGB’ from the top bar
  3. Go through the details of the SGB and click on ‘Apply’
  4. Select the number of units you wish to purchase and review your order
  5. Select a payment mode and complete the payment process
  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.