Friday, July 11, 2025

Creating liberating content

Ghee coffee is a traditional Ayurvedic drink that’s gaining popularity

First off, eggs are loaded with protein and your hair

Back pain is generally caused sue to muscle soreness or

Bone cancer is a serious condition where abnormal cells grow

Related News

Ghee coffee is a traditional Ayurvedic drink that’s gaining popularity for its potential health benefits. This unique blend of coffee, ghee, and sometimes coconut oil or spices, offers a range

First off, eggs are loaded with protein and your hair is basically made of protein (keratin, if you wanna get fancy). They also pack a punch with vitamins like biotin,

Back pain is generally caused sue to muscle soreness or muscle pull and so it can worsen or improve depending on your posture or body movements, like bending, sitting, or

Bone cancer is a serious condition where abnormal cells grow in the bones, damaging healthy tissues. It can occur in any bone, but often affects the thigh, shin, or upper

In this photo illustration a Bitcoin logo seen displayed on a smartphone with stock market percentages in the background. Omar Marques | SOPA Images | LightRocket | Getty Images Bitcoin

In the yogic tradition, if you cook anything, it must be consumed within 1.5 hours of cooking. And if not, then maximum 4 hours, depending upon the items and cooking

Trending News

‘The Best You’ features India’s comedy queen, Bharti Singh, who shares her story resilience and reinvention Klook, Asia’s leading platform for travel experiences and services, launched its new campaign titled

Britain’s economy contracted for the second consecutive month in May, dealing a blow to finance minister Rachel Reeves as she navigates a shaky domestic recovery and heightened global uncertainty. Official

Slow US-China trade deal may push Trump’s tariff deadlines Trade deals between the US and China are moving at a pace slower than expected, which may lead to extensions of

Access Denied You don’t have permission to access ” on this server. Reference #18.adf5d217.1752215691.16ea1cd4 Source link

Tesla’s entry into India comes at a time when the EV maker is facing reduced sales in Europe and China. (AI image) Elon Musk-led Tesla is set to open its

Market movements are expected to be influenced by India-US trade negotiations and company earnings reports. (AI image) Stock market today: Nifty50 and BSE Sensex, the Indian equity benchmark indices, opened

This Government Bond Made Investors Rich By Nearly 200% In 8 Years

Word Count: 414 | Estimated Reading Time: 3 minutes



Investors in the Sovereign Gold Bond (SGB) 2016-17 Series IV and 2019-20 Series IV are set for significant returns, with the Reserve Bank of India (RBI) announcing the final redemption price. The investors’ wealth could swell nearly 3 times on redemption due to skyrocketing gold prices.

The 2016-17 Series IV bonds, issued in February 2017 at Rs 2,943 per gram, will now be redeemed at Rs 8,624 per gram, offering a 193 per cent return. Similarly, investors in the 2019-20 Series IV, issued in September 2019 at the same price, can prematurely redeem the bonds at Rs 8,634 per gram.

The redemption for both series is scheduled for March 17 based on the average closing price of 999 purity gold between March 10 and March 13, this year, as published by the India Bullion and Jewellers Association (IBJA).

How The Redemption Price Is Calculated

The redemption price for early exit is based on the average gold price (999 purity) for the three business days before the redemption date. 

For this bond series, IBJA has calculated the price using gold rates from March 11, 12, and 13, 2025. Sovereign Gold Bonds (SGBs) have an eight-year maturity, but investors can exit after five years, only on interest payment dates. 

For SGB Series IV 2019-20, the earliest redemption date is March 17, 2025.

Redemption Process 

To redeem the bonds prematurely, investors must submit a request 30 days before the interest payment date at their designated bank, SHCIL office, post office, or agent. The request must be made at least one day before March 17, to be processed successfully. Once approved, the proceeds will be credited directly to the investor’s bank account linked to the SGB application.

Benefits Of Premature Redemption

Premature redemption gives investors early access to their money instead of waiting for the full maturity period. It also allows them to take advantage of higher gold prices while keeping their investment safe. Since gold prices have risen significantly, exiting now could be a smart choice.

Benefits Of Holding SGBs Until Maturity

Experts highlight the advantages of holding SGBs for the full tenure:

  • Tax-Free Gains: No capital gains tax if held till maturity.
  • Guaranteed Interest: 2.5 per cent annual interest ensures a steady income.
  • Market-Linked Returns: Value tied to prevailing gold prices.
  • Safety: Backed by the Government of India.
  • No Storage Costs: Eliminates concerns related to physical gold.

Gold prices continue to soar globally, crossing $3,000 per troy ounce. In India, prices have reached an all-time high of Rs 88,310 per 10 grams. On the MCX, gold has surged by 14 per cent this year, adding approximately Rs 11,000 to its value.





Source link

Most Popular Articles

Sign In

Welcome ! Log into Your Account