Gold bonds made rich investors, got bumper returns of 230%, know the new redemption prices of RBI: – ..
News India Live, Digital Desk: Today (28 April 2026) is no less than a lottery for Sovereign Gold Bond (SGB) investors. Reserve Bank of India (RBI) SGB 2020-21 Series-I Premature Redemption price has been announced for Rs. Investors who had invested in this bond 6 years ago will now have to withdraw their funds due to the skyrocketing prices of gold. Net profit up to 230% (Absolute Return) is being received.
Key figures: How did 1 lakh become 3.30 lakh?
According to the data released by RBI, the withdrawal rate for this series ₹15,124 per unit Has been decided.
| Description | Online Subscription (SGB 2020-21 Series-I) |
|---|---|
| issue date | 28 April 2020 |
| Issue Price | ₹4,589 per gram |
| Redemption Price (28 April 2026) | ₹15,124 per gram |
| Absolute Return | ~230% |
| value of investment | Invest ₹1 lakh now ₹3.30 lakh (About) |
Note: In this 230% profit he 2.5% annual interest Not included is the amount that investors have been receiving in their bank accounts every 6 months. If that is also added, the total returns become even higher.
Why is the price of withdrawal increasing?
The redemption price of gold bonds is based on the average closing price of the last three working days published by the ‘India Bullion and Jewelers Association’ (IBJA). The huge rise in global and domestic gold prices in April 2026 (almost crossing ₹ 1.50 lakh per 10 grams) has turned old bond holders into silver.
Other important redemption windows for April 2026
As per the RBI calendar, several other series have also become eligible for withdrawal this month:
SGB 2018-19 Series-II: Its redemption price on 23 April 2026 ₹15,219 It was decided.
SGB 2019-20 Series-VI: Its withdrawal date is 30 April 2026.
Budget 2026 and new tax rules
If you are selling your gold bonds at this time, keep these things in mind:
Tax Exemption: According to the new rules of Budget 2026, only investors who hold bonds till maturity (8 years) get full exemption on capital gains tax.
Pre-Mature Withdrawal: Premature withdrawal gains after 5 years may now be taxable (depending on the holding period), although indexation can be availed.
Should you withdraw money now?
Market experts believe that if you do not need cash immediately, it is better to wait till full maturity of 8 years. This will not only give you the benefit of future rise in gold, but your entire capital gain will remain tax-free.
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