308% return on SGB premature redemption date: Gold bond turns Rs 1 lakh investment into Rs 4.08 lakh

Wait 5 sec.

The RBI has announced the premature redemption price for Sovereign Gold Bond (SGB) 2019-20 Series-VII, set at Rs 15,275 per unit. Investors can redeem these bonds from June 10, 2026, after the fifth year of issuance. This offers a significant return of approximately 308% on the initial investment.