SGB 2018-19 Matures: Get ₹14,901 Per Unit on May
If you invested in Sovereign Gold Bonds in May 2018, your bonds are maturing on May 4, 2026. The RBI has fixed the final redemption price at ₹14,901 per unit. This means your original investment has grown significantly over 8 years — and the gains come with a sweet tax bonus too.
If you had invested in just 4 units of this SGB tranche in 2018 at roughly ₹3,114 per unit (the issue price then), your ₹12,456 investment is now worth ₹59,604 — enough to cover 3 months of a middle-class family's grocery bill!
Your SGB 2018-19 Series-I units will be redeemed at ₹14,901 each on May 4, 2026 — that's roughly 4.8x the approximate issue price of around ₹3,114, and every rupee of this capital gain is completely tax-free in your hands.
Key Takeaways
Check your Demat account or bank records right now — if you hold SGB 2018-19 Series-I, your redemption of ₹14,901 per unit will be credited automatically to your linked bank account on May 4, 2026. No action needed, but confirm your bank details are updated with your broker or bank.
Don't pay a single rupee in tax on this gain — redemption of SGBs at maturity (after the full 8-year term) is completely exempt from capital gains tax for individual investors, making this one of the most tax-efficient gold investments available in India.
Thinking of reinvesting? Consider the current open SGB tranche or a Gold ETF for liquidity. If you want to stay in gold, SGBs also pay 2.5% annual interest on the original issue price every year — check GoCredit to compare gold investment options before reinvesting your proceeds.
If you were one of the smart investors who put money into the Sovereign Gold Bond (SGB) Scheme back in May 2018, your patience is about to be rewarded. The RBI has officially announced that SGB 2018-19 Series-I will mature on May 4, 2026, with a final redemption price of ₹14,901 per unit — calculated as the simple average of gold prices (999 purity) on April 28, 29, and 30, 2026, as published by the India Bullion and Jewellers Association (IBJA).
To put this in perspective, the original issue price for this tranche was approximately ₹3,114 per unit (1 unit = 1 gram of gold). That means your investment has grown nearly 4.8 times in just 8 years. And unlike selling physical gold or even gold mutual funds before a certain period, this maturity redemption is 100% exempt from capital gains tax for individual investors. You also collected 2.5% annual interest on the original issue price every year throughout the holding period — that's an extra ₹77.85 per unit per year, taxable as income but still a solid bonus.
The redemption amount will be credited automatically to your registered bank account on or around May 4, 2026. You don't need to do anything special — just make sure your KYC and bank account details are up to date with the bank, broker, or post office through which you originally purchased the bonds.
Now the bigger question: what do you do with the proceeds? If you want to stay invested in gold, look at new SGB tranches (when available), Gold ETFs for liquidity, or Sovereign Gold Bonds on the secondary market. Use GoCredit to compare your reinvestment options and understand which gold instrument suits your financial goals.
Pro tip: Always note your SGB maturity dates in your financial calendar. If you exit SGBs before 5 years via the secondary market, capital gains tax does apply — so holding to full maturity, as this tranche has done, is almost always the most tax-efficient strategy.
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