The Reserve Bank of India has opened subscriptions for the next tranche of the Sovereign Gold Bond (SGB) Scheme 2026. SGBs remain one of the most tax-efficient ways to invest in gold in India, offering the dual benefit of gold price appreciation and a fixed annual interest of 2.5% on the initial investment amount.
Key Details of the Current Tranche
The issue price for the current tranche is set at ₹154,200 per gram, with a discount of ₹50 per gram for online applications through authorised banks and brokers. The subscription window is open for five days. SGBs are available in denominations of 1 gram and multiples thereof, with a minimum investment of 1 gram and a maximum of 4 kilograms per individual per financial year.
Tax Benefits
The most compelling feature of SGBs for long-term investors is the complete exemption from capital gains tax if the bonds are held until maturity (8 years). The annual 2.5% interest, however, is taxable as per the investor's income tax slab. If bonds are sold before maturity on the exchange, long-term capital gains tax at 12.5% applies.
How to Apply
You can apply for SGBs through your net banking portal of most scheduled commercial banks, through registered brokers on NSE or BSE, or at bank branches. Payment can be made through cash (up to ₹20,000), demand draft, cheque, or digital payments. Bonds are credited to your demat account within five working days of the subscription window closing.