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Palak Jain

12th Feb 2025 · SEBI-Registered Analyst

The Reserve Bank of India (RBI) has announced that you can now withdraw your Sovereign Gold Bond (SGB) 2019-20 Series IX investments prematurely!!

Big news for investors!🚨 The !Reserve Bank of India (RBI) has announced that you can now withdraw your Sovereign Gold Bond (SGB) 2019-20 Series IX investments prematurely!! ➡️Redemption Price : Rs 8,499 per unit of SGB. ➡️Premature Redemption: Allowed after five years from the issue date. ➡️Tax Implications: –No capital gains tax on gains from redemption if held until maturity –Premature redemption through RBI also doesn't attract capital gains tax This move provides investors with flexibility and access to their funds if needed!! Were you a investor in SGB? ❤️Yes 👍No

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