# Gold Bond

**Sovereign Gold Bonds (SGB)** are gold bonds issued by the Reserve Bank of India (RBI) on behalf of the Government of India.

### How to Apply for Sovereign Gold Bond ?

Sovereign Gold Bonds (SGB) are gold bonds issued by the Reserve Bank of India (RBI) on behalf of the Government of India. You can easily apply for SGB by following the below steps :

<figure><img src="/files/H3QEluabnYn60y9g0rWR" alt=""><figcaption></figcaption></figure>

* In the '**Products**' tab, click on **Gold Bond**.
* You will by default land on SGB Gold Bond.
* If there's any SGB scheme available, it will be displayed here.
* Click **Apply** next to the desired issue.
* **Enter the quantity** Applied For and bid price.
* **Click on Apply**
* Confirm the order details and **click Confirm**
* **Applied SGB** can be viewed in the '**Applied' tab** right next to the SGB button.

Note : The issue price of SGBs will be Rs. 50 (per gram) less than the nominal value for investors applying and making the payment online.


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