SGB Analyzer

Discount Broker

How to Buy SGB on Upstox

Guide to buying Sovereign Gold Bonds on Upstox Pro

Upstox (RKSV Securities)

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Best For

Active tradersTech-savvy investors

Upstox is one of India's leading discount brokers, backed by Tiger Global and Ratan Tata. With zero brokerage and zero AMC, it's a cost-effective option for SGB investing.

This guide covers everything you need to buy Sovereign Gold Bonds on Upstox Pro platform.

Upstox SGB Charges

Account OpeningFree

Annual Maintenance (AMC)₹150 + GST/year (free first year for new accounts)

SGB BrokerageZero ✓

DP Charges₹13 + ₹5.50 CDSL = ₹18.50 per scrip

Pros

Zero brokerage on SGB
First year AMC free for new accounts
Fast order execution
Good charting tools
Multiple platform options

Cons

₹150 + GST AMC from second year
App can be complex for beginners
Customer support needs improvement
Technical issues during high volume

How to Buy SGB on Upstox - Step by Step

Open Upstox Account

Login to Upstox Pro

Download Upstox Pro app or go to pro.upstox.com. Login with your credentials.

Add Funds

Transfer money to your Upstox account using UPI, Net Banking, or NEFT. Funds reflect instantly for UPI.

Search SGB

In the search bar, type 'SGB' or specific symbol. Select the SGB series you want to buy.

Place Order

Click Buy, enter quantity, select order type (Limit/Market), enter price for limit orders, and confirm.

Monitor Holdings

Check order status in 'Orders' tab. Once executed, SGBs appear in your holdings after T+1 settlement.

Pro Tips for Upstox

Use Limit orders for better control on price
Check market depth before placing orders
Upstox Pro has better features than old app
Set price alerts for SGBs you want to buy
Keep some buffer amount for DP charges

Calculate Your SGB Returns

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

Frequently Asked Questions

Upstox charges zero brokerage on SGB trades. DP charges are ₹18.50 (₹13 + ₹5.50 CDSL) per scrip. AMC is ₹150 + GST/year (first year free for new accounts).

When RBI announces new SGB series, Upstox enables IPO-style application. Go to IPO section during the subscription period to apply.

Yes, Upstox is SEBI registered with zero brokerage on SGBs. It's a reliable platform, though the interface is better suited for experienced traders.

Upstox shows market price but not fair value. Use SGB Analyzer to check fair value and discount before buying on Upstox.

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Get Notified When Prices Drop

Set up alerts and get notified via email or Telegram when SGB prices hit your target.