INCOME TAX9 Sept 2026
SGB 2020-21 Series XII redemption today: RBI fixes ₹15,355 price; check how much your investment has grown | Mint
The Reserve Bank of India fixed the premature redemption price for Sovereign Gold Bond 2020-21 Series XII at ₹15,355 per gram for September 9, 2026. If you bought online at ₹4,612, a ₹1 lakh investment is now worth about ₹3.33 lakh, before interest. The bond also pays 2.5% yearly interest. Check if you hold this series and decide today.
Key Statutory Highlights
- The Reserve Bank of India fixed the premature redemption price for Sovereign Gold Bond 2020-21 Series XII at ₹15,355 per gram for September 9, 2026.
- An online investor who paid ₹4,612 per gram would see ₹1 lakh grow to about ₹3.33 lakh, excluding interest.
- Sovereign Gold Bonds pay 2.5% annual interest half-yearly on the initial investment, separate from the price gain.
Actionable Advice for Taxpayers / Founders:If you own SGB 2020-21 Series XII, verify your holding and reach out to your bank or agent today if you want to redeem at this rate.
Statutory Disclaimer: TaxQue Shorts are AI-assisted editorial briefs for compliance awareness. This brief has not passed every source check; confirm the original notification before acting. This does not constitute formal legal or CA counsel.
TaxQue News Desk
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