How do I convert physical SGBs purchased from banks and other financial intermediaries?

How do I convert physical SGBs purchased from banks and other financial intermediaries?

To convert your physical Sovereign Gold Bonds (SGBs) purchased through a bank or another financial intermediary to a Demat form, you can do so by submitting a dematerialization request to the issuer banker or financial intermediary. To process the dematerialization request, you will need to provide a copy of the Client Master Report (CMR) attested by the Depository Participant (DP). If you need more information about CMR, If the SGBs were purchased through a bank, you should contact the nodal branch of the bank for assistance.