The Central Depository Services (India) Limited (CDSL) on August 02, 2024, issued a notification regarding the eligibility for Investment in Sovereign Gold Bonds.
The following has been stated: -
•DPs are to note that as per the guidelines issued by RBI through their letter dated February 06, 2024, on the Sovereign Gold Bond Scheme only the following investor categories are eligible to hold the SGBs: -
Person resident of India, being an individual, in his/her capacity as such individual, or on behalf of a minor child, or jointly with any other individual, Trust, HUFs, Charitable Institution, or University.
The detailed notification is given in the document below.
[Notification No. CDSL/OPS/CA/GENRL/SGB/2024/432]
