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How to Buy SGB on IIFL Securities

Guide to Sovereign Gold Bond investment on IIFL Securities

IIFL Securities Ltd (India Infoline)

3.9/5

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Best For

Investors wanting plan flexibilityThose preferring full-service support

IIFL Securities (formerly India Infoline) is part of the IIFL Group, a diversified financial services company. With multiple brokerage plans including a ₹20 flat fee option, it offers flexibility for SGB investors.

This guide explains how to buy Sovereign Gold Bonds on IIFL Securities.

IIFL Securities SGB Charges

Account OpeningFree

Annual Maintenance (AMC)₹250/year (first year free) or ₹450 for Z20 plan

SGB Brokerage0.5% or ₹20/order (Z20 plan)

DP Charges₹25 + GST per scrip

Pros

Multiple brokerage plans
Z20 plan offers ₹20 flat fee
Good research and advisory
Strong financial group backing
First year AMC free

Cons

Standard plan has 0.5% brokerage
AMC varies by plan
Platform can be complex
Higher DP charges

How to Buy SGB on IIFL Securities - Step by Step

Open IIFL Account

Visit indiainfoline.com and open account. Choose a brokerage plan. Complete KYC with PAN, Aadhaar.

Select Brokerage Plan

Choose between standard plan (0.5%) or Z20 plan (₹20 flat). Z20 has ₹450 AMC after first year.

Add Funds

Transfer money via Net Banking, UPI, or NEFT to your trading account.

Access Platform

Use IIFL Markets app or web platform. Login and navigate to trading section.

Search and Buy SGB

Search 'SGB', select series, click Buy, enter quantity and price, confirm order.

Track Holdings

View in Portfolio after T+1 settlement. Access research reports for insights.

Pro Tips for IIFL Securities

Z20 plan good for frequent traders (₹20 flat)
First year AMC free for all plans
Use IIFL research for gold market outlook
Compare plans based on trading frequency
Check SGB Analyzer for entry timing

Calculate Your SGB Returns

Use our calculator to estimate your potential returns based on investment amount and holding period.

Frequently Asked Questions

Depends on plan. Standard plan charges 0.5% brokerage. Z20 plan charges ₹20 flat per order with ₹450 AMC (vs ₹250 for standard). DP is ₹25 + GST per scrip.

For occasional SGB purchases, standard plan works. If you trade frequently across segments, Z20's ₹20 flat fee is more economical.

Yes, IIFL Securities is SEBI registered and part of IIFL Group with diversified financial services. Strong track record in Indian markets.

Yes, IIFL Securities enables applications for new RBI SGB issues during subscription periods through their platform.

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