The Reserve Bank of India (RBI) has announced the premature redemption date and price for the Sovereign Gold Bond (SGB) 2020-21 Series-VII, rewarding investors with strong gains on their five-year holding. Investors who purchased the tranche issued on October 20, 2020, at Rs 5,051 per gram, will receive Rs 12,792 per gram on October 20, 2025, marking an impressive absolute return of 153.26%, excluding semi-annual interest payouts. Advertisement

The SGB scheme, a joint initiative of the Government of India and RBI, allows investors to hold gold in paper or demat form instead of physical gold, offering both safety and inflation-linked returns. Premature redemption is permitted only after five years from the date of issue and can be exercised only on interest payment dates.

According to th

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