Government Gold Bond 2019-20 Series IV: Early redemption at ₹15,173 per gram

\n

Investors who hold SGB 2019-20 Series IV can opt for premature redemption on 17 September 2026 at a price of ₹15,173 per gram. At this rate, a ₹1 lakh online investment would be worth roughly ₹3.95 lakh, excluding any interest earned.

\n

Measured against the discounted issue price, the instrument records an absolute gain of about 295.13% to date.

\n

    \n
  • Redemption price per gram: ₹15,173

    • \n

  • Premature redemption date: 17 September 2026

    • \n

  • Value of ₹1 lakh invested online at redemption (excl. interest): about ₹3.95 lakh

    • \n

  • Absolute gain vs issue price: 295.13%

    • \n

Tax Concept is a dedicated team of financial writers, legal analysts, and tax professionals committed to breaking down complex Indian corporate updates. From real-time GST amendments and crucial Income...

Leave a comment

Reply