One can now invest their money in Sovereign Gold Bond (SGB) scheme at Indian Postal Department and benefit from rising gold price by getting attractive interest rates. This scheme is open from Sept.9 to 13 and is available at Rs.50 less than market price of 24 carat 99.9% pure gold. The tenure of the scheme is for a period of eight years with exit option after fifth year and one can opt for just 1 g to 4 kg gold. For details, contact the nearest Post Office.
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