How to buy a sovereign gold bond from SBI Bank?

The SGB can be purchase from Online and Offline mode from SBI Bank. When you chose to buy SGB online with SBI net banking, you will get Rs 50 instant discount per gram. Where offline mode you need to invest SGB on the base price.

For the SBI Bank SGB purchase, you have the option to provide 3^rd party demat account details in your request. With this, you will hold your SGB directly in your demat account.

Steps to buy SGB with SBI Net Banking Platform:

• Login to SBI Net banking
• Click on e-Services Tab > Sovereign Gold Bond Scheme

• First time user need to register for SGB. This is just a basic process to accept the terms and conditions.

• Review your Investor details and Submit.

• Registration Success window appears with Registration number.

• Next click on Purchase Tab and Proceed.

• Review Investment details. You can add Nominee – you have first and second nominee details section. This is optional fields. You have option to add your CDSL or NSDL Demat information so your SGB will show in your demat account post issue.

• Verify details and confirm transaction.

• You can check your SGB order information in Enquiry section. This section contains order number, purchased gold rate, number of units, amount invested, purchase date, Demat account details, and status.