In Briefs

Postal Sovereign Gold Bond scheme

January 31, 2021

Indian Postal Department’s Sovereign Gold Bond (SGB) Scheme 2020-21 series is open for subscription from Feb. 1 to Feb. 5. Interested customers can visit the nearest Post Office to invest in SGB scheme. Minimum subscription is one gram and a maximum is 4 kg for individuals, 4 kg for Hindu Undivided Family and 20 kg for trusts and similar entities for one fiscal year. The Bond tenure is 8 years with exit option after 5th, 6th or 7th year. On maturity, an amount equivalent to the market price of gold is given. The Bonds fetch interest of 2.5 percent per annum on the amount of initial investment, which will be credited semi-annually. For details, call Ph: 0821-2417307/308 or Mob: 98451-07947.

ABOUT

Mysuru’s favorite and largest circulated English evening daily has kept the citizens of Mysuru informed and entertained since 1978. Over the past 45 years, Star of Mysore has been the newspaper that Mysureans reach for every evening to know about the happenings in Mysuru city. The newspaper has feature rich articles and dedicated pages targeted at readers across the demographic spectrum of Mysuru city. With a readership of over 2,50,000 Star of Mysore has been the best connection between it’s readers and their leaders; between advertisers and customers; between Mysuru and Mysureans.

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