Who is eligible to invest in SGBs?

People who are residents of India as defined under the Foreign Exchange Management Act, 1999 are eligible to invest in SGBs.

Eligible investors include:

• Individuals

• HUFs (Hindu Undivided Family)

• Trusts

• Universities

• Charitable Institutions

Individual investors whose residential status changes from resident to non-resident may continue to hold SGBs till early redemption/maturity.