SBI allows investment in the Sovereign gold bond online. To invest online, you need net banking access with SBI. We have explained step by step guide for Sovereign gold bond online investment with SBI in a separate topic. (Link)
The benefit of Sovereign gold bond online with SBI –
- You can add your demat account so SGB directly debited in your Demat account.
- Can sell on an exchange (NSE) if holds in demat format.
- Online investment with no paperwork.
- You can invest offline also by visiting the branch.
- Redemption fund & Interest will be directly debited in your SBI bank account.