Who can invest in SGBs?

Persons residing in India as defined under the Foreign Exchange Management Act (FEMA) 1999 can invest in SGBs. Eligible investors include:
  • Individuals
  • HUFs
  • Trusts
  • Universities
  • Charitable Institutions

Individual investors who change their status from Resident to Non-resident can continue to hold SGBs till early redemption/maturity.

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