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How to Apply for Sovereign Gold Bond Online from SBI?

Here we are going to show you how you can apply for Sovereign Gold Bond through the Online Banking Portal of State Bank of India.
To begin with, you need to visit Online SBI first.

  1. Login into Your SBI Account Using Your Login Credential of the Online Banking.

    Enter your Username and Password in the respective fields and fill in the image captcha.

  2. Go to e-Services Menu Which is Present in the Top Menu Bar.

    After you have logged in to your account, click on the e-Services menu as shown in the picture.

  3. Click on Sovereign Gold Bond.

    Inside the e-Services menu, locate the Sovereign Gold Bond option as shown in the picture and click on it.

  4. Select the Account You Want to Proceed With and Accept the Terms and Condition.

    After you have clicked on the Proceed button, your account will be registered to apply for SGB.
    Keep the registration details safe for future reference.

  5. Click on the Purchase Button

    After you have registered your account click on the Purchase Option.
    On Purchase Page, select the account you have registered for investing in SGB. Then accept the Terms and Condition and click Proceed.

  6. Fill out the Details on the Online Form

    Most of the essential fields will be Pre-Filled. Please fill in rest of the fields in the form.
    In the future, if you want to trade your Sovereign Gold Bond Unit in the Stock Market, please provide your Demat account details below as shown in the picture and click Submit.

Hope this ‘How To’ guide was able to help you in purchasing of Sovereign Gold Bond through the Online Banking Portal of State Bank of India.

And if you don’t know anything about Soververeign Gold Bond, and you are wondering whether you should invest in Sovereign Gold Bond or not. Then we have a very in-depth article, dedicated towards ways to invest in Gold. You should definitely give it a read.

If this article has helped you then please upvote us using the button below.

In the end we will say, Good Luck and Happy Investing. 😊

Disclaimer: The views, investment tips, presumptions, and calculations expressed on Moneypremier.net are not of the website or its management. This article is for Educational Purpose only. Moneypremier.net advises users to check with certified experts before making any financial decisions.

What do you think?

Sayantan Chakraborty

Written by Sayantan Chakraborty

I have been investing in the Indian stock market for more than 8 years. I have invested in the Indian Stock Market via Mutual Funds, ETFs and Direct Stocks. I have seen multiple markets cycle, and from my experience, all I can say is persistence is the key to succeed in the Indian Stock Market, as an investor.
I also Love reading financial books and company results and reports.
You can ask me anything on Twitter by clicking on the button below.

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