Sovereign Gold Bonds

Product Description

Consider investing in gold, a timeless asset, without the concerns of storage or purity. This is possible through the innovative offering of Sovereign Gold Bonds India, a scheme initiated by the Reserve Bank of India (RBI). The Sovereign Gold Bonds India is an innovative, cost-effective, and secure way to invest in gold.

The SGBs are government securities, denominated in grams of gold, which are substitutes for physical gold. As an investor, you are issued a certificate that confirms the quantity of gold you’ve invested in. This unique offering lets you purchase and trade gold at the prevalent market price, alleviating concerns regarding the purity and safekeeping of the metal.

When compared with physical gold, Sovereign Gold Bonds hold several advantages. There are no making charges or GST levied as in the case of jewellery. Physical gold often incurs storage costs and carries the risk of theft, issues that are absent with SGBs. Furthermore, SGBs provide a regular income stream in the form of interest payments, a feature that physical gold does not offer.

Sovereign Gold Bonds India investors can choose to keep the bond until maturity, or they can opt for an early exit. The redemption process at maturity is simple and conducted in rupees, equivalent to the prevailing market price of gold at that time. For investors seeking an early exit, these bonds are tradeable on stock exchanges within a fortnight of issuance, thus providing necessary liquidity when needed.

Investing in SGBs is investing in a government-backed initiative that combines diversification, security, and regular income. Eureka is ready to assist you in navigating the landscape of Sovereign Gold Bonds India. We are committed to providing comprehensive support and insightful advice to enhance your understanding of SGBs and to help you make informed investment decisions. So, choose the golden path of investment with Sovereign Gold Bond Scheme and let the gleam of this precious metal reflect on your investment portfolio.

Types of Sovereign Gold Bonds (SGBs)

Reputed stock exchanges such as NSE, BSE, and SHCIL

Commercial Banks

Designated Post Offices

About Sovereign Gold Bonds Scheme

Benefits of Eureka's Sovereign Gold Bonds

Sovereign Gold Bonds India present a unique and secure avenue for investing in gold. With these bonds Eureka offers you a strategic edge for your investment portfolio. Let’s delve into the lucrative advantages that make Sovereign Gold Bond Scheme a shining option for your financial journey.

Secure SGB Holding in A Safe Demat Account

End-To End SGB Investment Process Management

Continuous Market Fluctuation Monitoring

Advanced Trading Timeline Advice

Highest Qualification

Work Experience (no. of years)

Highest Qualification

Work Experience (no. of years)

Ramesh Kumar Somani

Chairman & Managing Director

Chairman of Eureka group. He joined the family business in the year 1979 under the guidance of our beloved Late Paras Ram Somani Ji. He was the visionary of retail broking and lead Eureka to being the largest retail broking house of eastern India. Currently he is associated with various organizations for social welfare and is involved in service to the society.

Rajesh Kumar Somani

Chief Executive Officer

CEO of the Company, is the heart behind the driving force of Eureka. He joined the company in 1987, with his niche market knowledge. A hardcore and passionate trader, he shoulders the huge AP and Branches network spreading across the country. On personal front, known to few, he is a sports enthusiast and has also captained the State Basketball Team.

Rakesh Somani

Wholetime Director

Wholetime Director at Eureka Stock & Share Broking Services Limited has over 30 years of experience in Capital Markets. On academic front, a B.Com Hons. Graduate from St. Xaviers, Kolkata. He is a Rank Holder Chartered Accountant (CA), Cost Accountant & DBF (ICFAI). He is an Ex-National President & Regional Chairman of ANMI and has chaired AFIE, an International Association for promotion of Investor Education. Mr. Rakesh Somani has also presided ASF i.e Asia Securities Forum, where 22 countries are members. He has undergone Capital Market Training programs conducted by KOFIA (Korea) and JSDA (Japan). He had also served as Advisory Committee Member of NSE, BSE, ICCL and MSEI.

Anurag Somani

Executive Director

As the torchbearer of the third generation, he brings a vibrant and youthful energy to the organization. Beginning his career as a Tax Consultant at KPMG, he eventually joined Eureka to establish and expand the Group’s portfolio management division, offering top-tier investment planning services to investors. He is also the visionary behind the establishment of the Group’s Insurance and Bond platform. Academically accomplished, he holds impressive rankings as a Chartered Accountant (CA) and Company Secretary (CS).

Akhil Somani

Director & Chief Investment Officer (CIO)

The youngest Director on the Board at Eureka, Akhil is a finance professional with a PGM from the University of Melbourne. He combines his strong financial background and expertise with a tech-savvy mindset, making him the ideal candidate to spearhead Eureka’s journey towards ground breaking and cutting-edge technologies. Akhil aims to present the world with an exceptional trading experience, combining his skills, resources and Gen-Z spirit to redefine industry standards.

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