CMB India Nidhi Limited
Incorporated on 24th November 2015, CMB India Nidhi Limited is a public company that involves in financial intermediation.
As a Nidhi company, we receive deposits and lend out loans to the closed members.
Avail a Gold & Personal loan today and let your big business grow even bigger.
Call Us now at 05322644046
Check out www.cmbindian.com
Apne career ko kijiye secure Aadhar cash ki financial services ke sath!!
Judiye humare sath - www.cmbindian.com
Avail a gold loan today and let your big business grow even bigger.
Check out www.cmbindian.com
Let us get ready to welcome Lord Ganesha into our lives with great celebrations and festivities to make this Ganesh Chaturthi the most beautiful one.
CMB India wishes everyone happy Ganesh Chaturthi ππΌ
May Lord Krishna steal all your worries and give you happiness on the holy occasion of Janmashtami . wishes you a Happy πΊπ
What is Sovereign Gold Bond (SGB)? Who is the issuer?
SGBs are government securities denominated in grams of gold. They are substitutes for holding physical gold. Investors have to pay the issue price in cash and the bonds will be redeemed in cash on maturity. The Bond is issued by Reserve Bank on behalf of Government of India.
2. Why should I buy SGB rather than physical gold? What are the benefits?
The quantity of gold for which the investor pays is protected, since he receives the ongoing market price at the time of redemption/ premature redemption. The SGB offers a superior alternative to holding gold in physical form. The risks and costs of storage are eliminated. Investors are assured of the market value of gold at the time of maturity and periodical interest.
3. Are there any risks in investing in SGBs?
There may be a risk of capital loss if the market price of gold declines. However, the investor does not lose in terms of the units of gold which he has paid for.
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Www.cmbindian.com (Link In Bio )
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