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Q. What are the investment limits for investing in SCBs?
The Bonds are issued in denominations of one gram of gold and multiples thereof
Min investment in the bond shall be 1gr, with a maximum subscription limit of 4 kg for individuals, 4 kg for Hindu Undivided Family (HUF), and 20 kg for trusts and similar entities
The limit applies to the first applicant in the case of joint ownership.
The annual ceiling will include bonds purchased in different tranches during the government’s initial issuance as well as those purchased in the secondary market.
The investment limit will not include collateral held by banks and other financial institutions.