{"id":22119,"date":"2025-10-31T00:41:20","date_gmt":"2025-10-31T00:41:20","guid":{"rendered":"https:\/\/tezgyan.com\/index.php\/2025\/10\/31\/rbi-sets-sgb-series-vi-premature-redemption-price-at-rs-11992-delivering-213-gain-savings-and-investments-news\/"},"modified":"2025-10-31T00:41:20","modified_gmt":"2025-10-31T00:41:20","slug":"rbi-sets-sgb-series-vi-premature-redemption-price-at-rs-11992-delivering-213-gain-savings-and-investments-news","status":"publish","type":"post","link":"https:\/\/tezgyan.com\/index.php\/2025\/10\/31\/rbi-sets-sgb-series-vi-premature-redemption-price-at-rs-11992-delivering-213-gain-savings-and-investments-news\/","title":{"rendered":"RBI Sets SGB Series-VI Premature Redemption Price At Rs 11,992, Delivering\u00a0213%\u00a0Gain | Savings and Investments News"},"content":{"rendered":"


\n<\/p>\n

\n

Last Updated:<\/span>

RBI sets SGB Series-VI (2019-20) redemption price at Rs 11992 per unit, up 213 percent from Rs 3788 in 2019.<\/h2>\n
<\/p>\n
\n
\n
\n
\"font\"<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n
\"SGB<\/p>\n

SGB offers 2.5 percent annual interest and tax benefits on capital gains.<\/p>\n<\/figure>\n

SGB Redemption:<\/strong> The Reserve Bank of India (RBI) has fixed the premature redemption price for the SGB Series-VI (2019-20) at Rs 11,992 per unit compared to the issue price at Rs 3,788 per unit in October 2019, reflecting a gain of 213 per cent to investors.<\/p>\n

The redemption price is determined based on the simple average of the closing prices of gold (999 purity) published by the India Bullion and Jewellers Association Ltd (IBJA) for the three business days preceding the redemption date.<\/p>\n

SGB Series-VI tranche is available for premature redemption from today, September 30, 2025.<\/p>\n

According to the SGB scheme, the gold bonds will be repayable on the expiration of eight years from the date of the issue of the bonds. However, premature redemption of the bonds may be permitted after the fifth year from the date of issue of bonds and such repayments will be made on the next interest payment date.<\/p>\n

Tax Treatment On SGB<\/strong><\/p>\n

The interest on the SGBs is taxable as per the provisions of the Income-tax Act, 1961 (Section 43 of 1961). The capital gains tax arising on redemption of these bonds to an individual is exempted. The indexation benefits will be provided to long-term capital gains arising to any person on the transfer of the bonds.<\/p>\n

Interest on the gold bonds, at an annual fixed rate of 2.5%, is credited semi-annually to the bank account of the investors.<\/p>\n

The Sovereign Gold Bond (SGB) Scheme, launched by the Government of India in November 2015, was introduced as an alternative to buying physical gold. Issued by the Reserve Bank of India (RBI) on behalf of the Centre, these bonds are linked to the price of gold and denominated in grams. Investors earn a fixed annual interest of 2.5% on the issue price, along with potential capital gains from rising gold prices. The scheme aims to reduce India\u2019s reliance on imported gold, discourage hoarding, and encourage households to invest in financial assets instead.<\/p>\n

\n
\n
<\/p>\n
\"Varun<\/figure>\n

<\/span><\/p>\n

Varun Yadav<\/a><\/p>\n

Varun Yadav is a Sub Editor at News18 Business Digital. He writes articles on markets, personal finance, technology, and more. He completed his post-graduation diploma in English Journalism from the Indian Inst…Read More<\/span><\/p>\n<\/div>\n<\/div>\n

Varun Yadav is a Sub Editor at News18 Business Digital. He writes articles on markets, personal finance, technology, and more. He completed his post-graduation diploma in English Journalism from the Indian Inst… Read More<\/span><\/p>\n<\/div>\n<\/div>\n

Follow News18 on Google<\/a>. Join the fun, play QIK games on News18<\/a>. Stay updated with all the latest business news, including market trends<\/a>,\u00a0stock updates<\/a>,\u00a0tax<\/a>, IPO,\u00a0banking finance<\/a>, real estate, savings and investments. To Get in-depth analysis, expert opinions, and real-time updates. Also Download the\u00a0News18 App<\/a> to stay updated.<\/span><\/div>\n
First Published:<\/span><\/p>\n
\n

October 30, 2025, 12:53 IST<\/p>\n<\/div>\n<\/div>\n

\n
\n
Disclaimer: Comments reflect users\u2019 views, not News18\u2019s. Please keep discussions respectful and constructive. Abusive, defamatory, or illegal comments will be removed. News18 may disable any comment at its discretion. By posting, you agree to our Terms of Use<\/a> and Privacy Policy<\/a>.<\/div>\n<\/div>\n<\/div>\n

Read More<\/span><\/p>\n<\/div>\n


\n
Source link <\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

Last Updated:October 30, 2025, 12:54 IST RBI sets SGB Series-VI (2019-20) redemption price at Rs 11992 per unit, up 213 percent from Rs 3788 in 2019. SGB offers 2.5 percent annual interest and tax benefits on capital gains. SGB Redemption: The Reserve Bank of India (RBI) has fixed the premature redemption price for the SGB…<\/p>\n","protected":false},"author":1,"featured_media":11258,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[45],"tags":[],"class_list":["post-22119","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-business"],"_links":{"self":[{"href":"https:\/\/tezgyan.com\/index.php\/wp-json\/wp\/v2\/posts\/22119","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/tezgyan.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/tezgyan.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/tezgyan.com\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/tezgyan.com\/index.php\/wp-json\/wp\/v2\/comments?post=22119"}],"version-history":[{"count":0,"href":"https:\/\/tezgyan.com\/index.php\/wp-json\/wp\/v2\/posts\/22119\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/tezgyan.com\/index.php\/wp-json\/wp\/v2\/media\/11258"}],"wp:attachment":[{"href":"https:\/\/tezgyan.com\/index.php\/wp-json\/wp\/v2\/media?parent=22119"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/tezgyan.com\/index.php\/wp-json\/wp\/v2\/categories?post=22119"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/tezgyan.com\/index.php\/wp-json\/wp\/v2\/tags?post=22119"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}