RBI Reveals Early Redemption for SGB 2019 – 20 Series-V
The Reserve Bank of India (RBI) has actually licensed early redemption for Sovereign Gold Bond (SGB) 2019 – 20 Series-V, using financiers an early leave chance. The redemption is scheduled for April 15, 2026, after 5 years from the issue day.
Secret Facts:
- Eligibility: Financiers holding SGB 2019 – 20 Series-V.
- Redemption Date: April 15, 2026 (rate of interest settlement date).
- Redemption Rate: 15, 009 each, based on the ordinary gold cost from April 9 – 13, 2026, as published by IBJA.
- Initial Problem Price: 3, 738 per gram (on the internet customers).
- Tax: Funding gains on redemption are tax-exempt for individuals.
