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Investing in "e-gold" through the State Bank of India (SBI) primarily refers to digital gold investment products like , Gold ETFs , or Gold Mutual Funds . While third-party fintech apps offer "Digital Gold," SBI focuses on government-backed and exchange-traded securities that track physical gold prices. 1. Sovereign Gold Bonds (SGB)
Choose to hold in a or as a physical certificate (bond ledger). Complete the payment via your linked SBI account. 2. SBI Gold ETF (Exchange Traded Fund)
SBI Gold Bond: How It Works, Benefits, Risks And Returns - Grip Invest
: Tracks gold prices plus a fixed 2.50% interest per annum paid semi-annually.
: Capital gains are tax-free if held until the full 8-year maturity. Tenure : 8 years, with exit options after the 5th year.