The Reserve Bank has issued operational guidelines for Sovereign Gold Bonds, 2015-16, to be launched by Prime Minister Narendra Modi today.
Besides Sovereign Gold Bonds, Modi will also launch two other gold related schemes — Gold Monetisation Scheme (GMS) and the Gold Coin and Bullion Scheme.
Issuing the operational guidelines on the gold bonds, RBI said application forms from investors will be received at branches during normal banking hours from November 5 to 20.
“Relevant additional details may be obtained from the applicants, where necessary. Receiving offices need to ensure that the application is complete in all respects,” it said.