- Platform: Android
- Availability: It is available on Google Playstore .
Welcome to the future of gold investing with the SGB Gold App—your go-to tool for making smart investments in Sovereign Gold Bonds (SGBs). Developed by MALKARI ENTERPRISES (OPC) PRIVATE LIMITED, our app simplifies the process of calculating SGB values, tracking live market prices, and helping you buy gold bonds at the best possible rates. Say goodbye to the complexity of gold investment and embrace an easy, efficient, and risk-free way to secure your future.
What Are Sovereign Gold Bonds?
Sovereign Gold Bonds (SGBs) are government-backed securities issued by the Reserve Bank of India (RBI) and denominated in grams of gold. Unlike physical gold, SGBs offer the security of gold investment without the need for physical storage, making them an excellent alternative for gold enthusiasts. These bonds provide the ongoing market price of gold in cash upon redemption, ensuring that the quantity of gold you invest in is protected.
Why Choose SGBs Over Physical Gold?
- Safety & Convenience: No storage hassles, no worries about purity, and no risk of theft.
- Interest Earnings: Earn a guaranteed 2.5% annual interest on your initial investment, a benefit you won’t get from holding physical gold.
- No Extra Costs: Unlike physical gold, there are no making charges, no GST, and no purity concerns with SGBs.
Benefits of Investing in SGBs
Investing in SGBs is like planting a seed of wealth that grows over time. Here are some key benefits of choosing Sovereign Gold Bonds:
- Capital Protection: Even if the market price of gold drops, your initial investment remains secure in terms of the gold quantity.
- Government Backing: SGBs are issued by the Government of India, making them one of the safest investment options.
- Additional Interest: You receive 2.5% interest per year, paid semi-annually to your bank account.
- Exemptions: Capital gains tax on redemption is exempted, and there’s no TDS involved.
How the SGB Gold App Helps You Invest Better
Our SGB Gold App is designed to make your SGB investment journey easier. Here’s how:
- Track Live Market Prices: The app tracks the latest SGB prices and offers a sorted list of bonds available at the highest discount.
- Instant Calculations: Easily calculate the theoretical value of SGBs based on live 24-carat gold prices, maturity dates, and other factors.
- Best Deals at Your Fingertips: Identify which SGBs are trading at a discount, ensuring you get the most favorable rates when investing.
- Stock Broker Integration: Place orders seamlessly with our integrated stockbroker feature and avoid the hassle of manual transactions.
Comparing SGBs, Physical Gold, and Gold ETFs
| Feature | SGBs | Physical Gold | Gold ETFs/Mutual Funds |
|---|---|---|---|
| Storage Risk | No risk | Significant risk | No risk |
| Regulation | Govt. of India | Unregulated | Regulated by SEBI |
| Charges | No making charges, no GST, no expense | High making charges (8%-35%), GST applies | Expense ratio charged by AMC |
| Interest | 2.5% per year | No interest | No interest |
| Liquidity | Can be sold in secondary markets | Requires buyer | High liquidity |
Simple Steps to Get Started
- Download the App: Visit the Google Play Store, search for “SGB Gold App,” and install it.
- Register & Login: Create an account by entering your username, email, and password. Once registered, log in to access the app’s features.
- Recharge & Subscribe: The app costs just Rs. 500 for a 100-day subscription, payable through Razorpay.
- Find the Best SGB Deals: The app will present a list of SGBs with the best discounts. Choose the one that suits you and connect with your stock broker for easy order placement.
- Track & Manage: Once you’ve invested, use the app to track your orders, verify prices, and make informed investment decisions.
Why the SGB Gold App is Essential for Investors
With over 260 SGBs listed on the NSE and BSE, it’s tough to identify the best deals manually. Our app takes the guesswork out of the equation by automatically sorting through live prices, maturity dates, and more to present you with the best options.
Why take unnecessary risks with digital gold or gold ETFs when SGBs offer government-backed security, fixed interest, and no additional costs? If you’re serious about investing in gold, SGBs are a smart, low-risk option.
How to Buy & Sell SGBs
You can purchase SGBs through nationalized banks, private banks, post offices, and stock exchanges. If you wish to sell before the bond matures, you can easily trade them on the stock exchanges. The SGB Gold App ensures that you’re always in control, offering the latest information to help you make sound investment choices.
Tax Benefits
While the interest on SGBs is taxable, capital gains from bond redemption are exempt from tax, making SGBs a tax-friendly investment option. There’s no TDS, but you’ll need to comply with applicable tax laws.
A Practical Tool for Investors
The SGB Gold App has been designed for real-time market tracking and convenience. With integrated broker support, this tool saves time and effort while giving you the best deals in the market. Whether you’re a seasoned investor or a beginner, our app is here to help you make smarter choices with Sovereign Gold Bonds.
Start Your Gold Investment Journey Today!
For just Rs. 500, you can unlock the full potential of the SGB Gold App for 100 days. Secure your investment, track discounts, and maximize your returns—all with a few simple taps on your phone.
Happy investing, and may your gold portfolio shine bright with the power of SGBs!
