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Union of India - Section

Section 8 in The Sovereign Gold Bond Scheme, 2016

8. Interest.

(1)The interest on the Gold Bonds shall commence from the date of its issue and shall have a fixed rate of interest at 2.75 percent per annum on the amount of initial investment.
(2)The interest shall be payable in half-yearly rests and the last interest shall be payable along with the principal on maturity.