I want to buy Sovereign Gold Bonds in the upcoming 2025 issue, but I’ve never applied online before. Since I already use Zerodha Coin, can anyone share the exact steps to apply for SGBs there?
How to apply for Sovereign Gold Bond online in 2025 using Zerodha Coin?
I was also confused as a new investor, trying to apply for Sovereign Gold Bonds (SGBs) online. Well, it will be easy for you as you already use Zerodha Coin, the process is very easy. Let me help you understand it better.
Steps to apply for SGBs on Zerodha Coin
- You have to login to your Zerodha Coin account using Zerodha/kite ID.
- Now go to the Sovereign Gold Bond (SGB) section on the dashboard.
- Check details such as opening date, closing date, issue price and online discount.
- Now enter what quantity of gold you want to invest in grams. The minimum investment is 1 gram.
- Select your linked bank account for payment.
- Submit your application. You will receive a confirmation through SMS and email.
- After allotment, the bonds will be credited directly into your demat account linked with Zerodha.
Key details about SGB investment
| Factor | Details |
|---|---|
| Minimum investment | 1 gram of gold |
| Maximum investment (Individuals) | 4 kg per financial year |
| Payment methods | Net banking, UPI, or linked bank account |
| Interest benefit | 2.5% per annum, paid half-yearly |
| Lock-in period | 8 years (exit from 5th year onwards) |
| Online discount | ₹50 per gram |
SGB vs Physical Gold – which is better?
| Feature | Sovereign Gold Bonds (SGBs) | Physical Gold |
|---|---|---|
| Storage | Safe in demat, no risk | Needs locker/safe |
| Extra income | 2.5% annual interest | No interest |
| Tax benefit | No capital gains tax if held till maturity | Tax applies on sale |
| Pricing | Issued at market-linked price, with online discount | Often includes making charges/premium |
| Liquidity | Can sell on exchange or redeem after 5 years | Easy to sell anytime |