This article offers a brief summary of the key aspects of the Bank Of Baroda’s Gold Bond schemes. Since these details are subject to frequent updates, please refer to the bank’s official website for the most current information on features and interest rates.
Bank Of Baroda – Gold Bond Features:
- Invest as little as 1 gram in this bond, with individuals or HUFs allowed to hold up to 4 kgs annually and trusts or charitable institutions up to 20 kgs.
- Earn a yearly interest of 2.5% on Sovereign Gold Bonds, paid semi-annually.
- Their prices are tied to transparent gold market rates.
- Investors have an exit option after the 5th year, with repayments on the subsequent interest payment date.
- Payments for the scheme can be made via cash, demand draft, cheques, internet banking/bob World, with cash accepted up to Rs. 20,000.
How to invest?
Click here to invest in the Bank Of Baroda’s Gold Bond schemes.
Note: The information presented here is sourced from publicly available data. We cannot be held responsible for any inaccuracies in the details. For the most current and accurate information, please visit the official website of the respective bank/institution.