You have a wide range of choice of deposits through as many as 10 different schemes offered by UBI. You may select them according to your best suited mode. The Loan to Value ratio as applicable to any ordinary gold loan mandated by the Reserve Bank of India also applies to the sovereign gold bonds. 1. What is Sovereign Gold Bond (SGB)? Who is the issuer? SGBs are government securities denominated in grams of gold. They are substitutes for holding. Also read 'Fortnite' a gold mine for hackers? Additionally, unlike in physical gold, GST is not levied on sovereign gold bonds. WhatsApp Web to add voice, video call support soon, all you need to know. For such investors, the issue price of Gold Bond will be Rs 5, Rupees five thousand two hundred and eighty-four only per gram of gold. Investors can mail their queries to this email id.