Live
- Tragic Loss for Beejady Village: Lance Havaldar Anoop Poojary Among Five Soldiers Killed in Poonch Accident
- Mass Rally Organized by BJP in Hyderabad on Atal Bihari Vajpayee's Centenary Celebration
- J&K: With over 25,000 houses built under PMAY, Doda ranks second in Jammu region
- Celta Vigo extend all-time club top-scorer Iago Aspas’ contract till 2026
- BGT: Kaif gives preference to Jaiswal-Rahul opening pair for Boxing Day Test against Australia
- Odisha CM Majhi, Naveen Patnaik extend Christmas greetings
- Icebreaker Keyboard: AluminIum Design Costing as Much as a MacBook Pro
- ‘Rifle Club’ Movie Review: A Stylish Thriller That Falls Short in Storytelling
- Chennai to Experience Heavy Rain as Severe Low-Pressure System Approaches Coastal Areas
- Pradeep’s ‘Akkada Ammayi Ikkada Abbayi’ hypes up with energetic new song
Andhra Bank rolls out gold bond scheme
Andhra Bank has opened its Sovereign Gold Bond (SGB) Scheme 2019-20 Series-IX notified by Government of India for public subscription at all of its branches spread over the country from February 3 to 7, 2020.
Hyderabad: Andhra Bank has opened its Sovereign Gold Bond (SGB) Scheme 2019-20 Series-IX notified by Government of India for public subscription at all of its branches spread over the country from February 3 to 7, 2020.
The issue price for the period is fixed at Rs 4,070 per gram with a discount of Rs 50 per gram if subscribed through digital mode.
The price for investors applying through digital mode will be Rs 4,020. Andhra Bank customers having internet banking facility can apply online through internet banking for SGB and avail the discount.
The bank said the bonds may be held by a person resident in India, being an individual or on behalf of minor child or jointly with any other individual. The bond may also be held by Trust, Hindu Undivided Families, Charitable Institution and University.
