RBI Introduces Premature Redemption for SGB 2019 – 20 Series-V
The Get Financial Institution of India (RBI) has accredited early redemption for Sovereign Gold Bond (SGB) 2019 – 20 Series-V, using investors an early departure possibility. The redemption is arranged for April 15, 2026, after 5 years from the problem date.
Trick Facts:
- Eligibility: Financiers holding SGB 2019 – 20 Series-V.
- Redemption Date: April 15, 2026 (interest settlement date).
- Redemption Price: 15, 009 each, based upon the ordinary gold price from April 9 – 13, 2026, as released by IBJA.
- Initial Issue Cost: 3, 738 per gram (on the internet customers).
- Taxes: Resources gains on redemption are tax-exempt for people.
