Commodities Trading with ICICIDirect - Explained
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Sovereign gold bond can be bought online as well. The gold bond holding certificate would be delivered to your online gold trading icici bank. The people online gold trading icici bank have the Demat account can also get the gold bond into their Demat account. The Demat form of gold bond can be used for the trading in the secondary market. Sovereign Gold bond is a better alternative of investment than physical gold.
You would always get better return than the physical gold or gold ETF. Along with this, it also gives 2. Because of this interest, you would always get a better return than the physical gold.
The sovereign gold bond has following benefits. To know the features of gold bond in detail, you can read my comprehensive post on the Sovereign Gold Bond Scheme of India. The gold bond can be issued online but very few banks have taken steps for this. The second one is the online trading website.
Issue Online gold trading icici bank of Gold Bond Declared: Only 5 Days to Subscribe. I found the gold bond useful to mitigate the inflation effect. Therefore, I have applied to invest in the gold bond today. I went through the online mode. It was a cakewalk. But before this online application of gold. I hope it will remain there.
There are other two methods to reach the gold bond investment page. It is a small form. You may be wary of sharing PIN on the net, but it is clubbed with the online convenience. However, the banks do their best to protect your details.
The whole online banking is dependent upon the security features of the bank. You have submitted the gold bond application online. However, except this message I did not get any mail. Now I am waiting for bond online gold trading icici bank certificate. I will update the further outcome. You are not required to visit the bank or submit any documents. I have not altered even a word. Also, there must be enough money in your account. So in this post, I have told you the easiest method of buying the sovereign gold bond.
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