Investors holding the SGB 2017-18 Series-III, issued on October 16, 2017, should note that the final redemption is scheduled for October 16, 2025. The redemption price combines the average gold price and accrued interest, offering an attractive exit for long-term holders.
Redemption Price Details
- Final Redemption Price: ₹12,567 per unit
- Basis: Simple average of closing gold prices (999 purity) on October 13–15, 2025, as per the India Bullion & Jewellers Association (IBJA)
- Interest: SGB holders also earn fixed interest on the principal throughout the tenure
About the SGB Scheme
- Launched by RBI on behalf of the Government of India to reduce physical gold demand and promote financial investments in gold
- Issued in grams of gold with a fixed interest component plus price appreciation linked to gold
- Popular among investors seeking capital gains and safety without physical storage risks
Investor Takeaway
The redemption at ₹12,567 per unit rewards investors who entered in 2017, offering both interest income and price appreciation over the eight-year tenure.
Disclaimer:
This article is intended solely for educational and informational purposes. The securities or companies mentioned are provided as examples and should not be considered as recommendations. Nothing contained herein constitutes personal financial advice or investment recommendations. Readers are advised to conduct their own research and consult a qualified financial advisor before making any investment decisions.
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