RBI Announces Premature Redemption for SGB 2019 – 20 Series-V
The Get Financial Institution of India (RBI) has actually authorized early redemption for Sovereign Gold Bond (SGB) 2019 – 20 Series-V, supplying investors a very early leave chance. The redemption is scheduled for April 15, 2026, after 5 years from the issue date.
Trick Facts:
- Eligibility: Capitalists holding SGB 2019 – 20 Series-V.
- Redemption Date: April 15, 2026 (rate of interest payment date).
- Redemption Cost: 15, 009 per unit, based upon the ordinary gold price from April 9 – 13, 2026, as released by IBJA.
- Original Concern Price: 3, 738 per gram (on the internet customers).
- Tax: Funding gains on redemption are tax-exempt for individuals.