RBI fixes exit price for SGB Series VI at ₹15,384/gram; ₹1 Lakh could rise to ₹3.04 Lakh on premature redemption

Overview

Holders of SGB 2020-21 Series VI may redeem their bonds before maturity starting 8 September 2026 at a fixed exit price of ₹15,384 per gram, as announced by the Reserve Bank of India.

The exit price represents a capital gain of about 203.6% over the ₹5,067 per gram online issue price, with the 2.5% annual interest not included in this calculation.

Illustrative returns

  • For a hypothetical ₹1 lakh investment, the redemption value at the fixed exit price would be around ₹3.04 lakh.
  • The 2.5% annual interest component is paid separately and is not part of the exit-price gain.

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