Subscription Period: Open from December 18th to 22nd, 2023

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Issue Price: Fixed at Rs. 6,199 per gram of gold, as announced by the RBI on December 15th, 2023

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Denomination: Min investment of ₹ 1,000 (one gram of gold) & max of ₹ 4,000,000 (per individual per financial yr)

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Tenure: 8 years, with an exit option after the 5th year at interest accrued.

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Interest: 2.5% per annum (payable semi-annually) on the initial issue price.

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Interest: Interest earned is tax-free. Capital gains tax exemption if redeemed after maturity or transferred to demat form.

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