Short answer

You can bid for SGBs by following these steps:

Tap on Bids.

Tap on Govt. securities.

Tap on Place bid.

Tap on Place bid again and tap on Submit.

Login to Arrow.

Click on Bids.

Click on Govt. securities.

Click on Place bid.

Enter the amount and click on Place bid.

Did you know?

Bids placed for SGBs from Govt. securities on Arrow section are purchased through the primary market. You can also purchase SGBs from secondary market.

SGB units will be allotted within 15 days after the offer’s closure, and it may take up to an additional 15 days for them to be displayed in Arrow holdings after listing.

SGBs purchased from the Arrow marketwatch (secondary market) will be displayed in Arrow holdings on T+2 day once it is delivered.

An email is sent with the status of the SGB order after the offer closes.

Funds will be debited from the Arrow account on the last day of the order collection window. Credit from stocks sold on the closing day of the issue will not be considered towards the purchase of SGBs.

Only individual, Hindu Undivided Family (HUF) and trust account holders can buy SGBs in the primary market. Corporate, Partnership, Limited Liability Partnership (LLP) and Non-Resident Indians (NRIs) account holders cannot buy SGBs in the primary market.

The refund for fractional units will be credited to the primary bank account linked with Arrow or Arrow account within 5-6 days from the date of allotment.