Can I buy sovereign gold bond without demat account?

Yes, to buy a sovereign gold bond you don’t require a demat account. If you have a demat account, it is preferable to get holdings of your SGB in your demat format so you can trade the same on exchange.

But in case you don’t have a demat account and you are applying SGB via Bank or Post office, you will get a Certificate of Holding on the date of issuance of the SGB. The Certificate of Holding can be collected from the issuing banks/SHCIL offices/Post Offices/Designated stock exchanges/agents.

E-Certificate is also available and obtained directly from RBI on the respective email address provided in the application form.