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RBI sets SGB premature redemption payout giving Rs 1 lakh nearly Rs 3.95 lakh

Economy
Published on 30 April 2026
RBI sets SGB premature redemption payout giving Rs 1 lakh nearly Rs 3.95 lakh

Premature exit priced to multiply returns fast

The RBI has announced the premature redemption price for Sovereign Gold Bonds (SGB) 2019-20 Series-VI. Eligible investors can redeem from April 30, 2026, at a fixed redemption value of Rs 14,931 per unit. For some holdings, the math works out to an eye-catching jump from Rs 1 lakh to nearly Rs 3.95 lakh, making SGBs a government-backed alternative to physical gold.

  • Premature redemption for SGB 2019-20 Series-VI opens April 30, 2026
  • RBI fixed redemption value at Rs 14,931 per unit
  • Some investors could see returns around 295% on redemption
  • SGBs offer government-backed exposure to gold without physical storage
Read the full story at The Economic Times

This summarization was done by Beige for a story published on The Economic TimesThe Economic Times

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