RBI Announces Premature Redemption for SGB 2019 – 20 Series-V
The Reserve Bank of India (RBI) has actually accredited early redemption for Sovereign Gold Bond (SGB) 2019 – 20 Series-V, supplying financiers a very early departure chance. The redemption is arranged for April 15, 2026, after five years from the issue date.
Trick Realities:
- Eligibility: Financiers holding SGB 2019 – 20 Series-V.
- Redemption Day: April 15, 2026 (interest repayment day).
- Redemption Price: 15, 009 each, based upon the typical gold cost from April 9 – 13, 2026, as released by IBJA.
- Initial Concern Price: 3, 738 per gram (online clients).
- Taxes: Capital gains on redemption are tax-exempt for individuals.