Section 8 in The Sovereign Gold Bond Scheme 2016-17 - Series IV
8. Interest.
- (i) The interest on the Gold Bonds shall commence from the date of its issue and shall have a fixed rate of interest at 2.50 per cent per annum on the nominal value.(ii)The interest shall be payable in half-yearly rests and the last interest shall be payable along with the principal on maturity.
