SGB Matures Nov 13: Your Payout Is ₹14024 per Unit
RBI has announced the payout for gold bonds from the November 2018 tranche, which mature on November 13, 2026. Each unit pays ₹14024. The price is the average of gold's closing rates on November 10, 11 and 12, 2026.
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People holding Sovereign Gold Bonds from the 2018-19 Series-III tranche, issued on November 13, 2018, which reach final maturity on November 13, 2026.
Each gold bond unit from this tranche pays this amount when it matures on November 13, 2026.
Key Takeaways
Check your holding statement to confirm you own units of the 2018-19 Series-III tranche issued on November 13, 2018.
Multiply your number of units by ₹14024 to estimate what you will receive on November 13, 2026.
Ask the bank or agent where you hold the bond how and when the redemption money will reach you.
RBI has announced the payout for gold bonds from the November 2018 tranche, which mature on November 13, 2026. Each unit pays ₹14024. The price is the average of gold's closing rates on November 10, 11 and 12, 2026.
Here's what happened: The 2018-19 Series-III gold bonds, issued on November 13, 2018, reach their eight-year end date on November 13, 2026. The payout is ₹14024 for each unit of the bond. The price averages gold's closing rates (999 purity, published by IBJA) on November 10, 11 and 12, 2026.
What you should do: Check your holding statement to confirm you own units of the 2018-19 Series-III tranche issued on November 13, 2018. Multiply your number of units by ₹14024 to estimate what you will receive on November 13, 2026. Ask the bank or agent where you hold the bond how and when the redemption money will reach you.
Pro tip: The price is already fixed. It uses the last three business days' gold rates up to November 12, so later gold moves won't change your payout.
Written by GoCredit from the official Reserve Bank of India document cited below. Every figure is checked against that document. This is general information, not legal or financial advice.
For readers weighing their credit and loan options, our personal loan guide and CIBIL score resources put this update in context.
Questions people ask
When does the SGB 2018-19 Series-III mature?
The final redemption date is November 13, 2026. The bonds were issued on November 13, 2018 and are repayable after eight years from the issue date.
What is the redemption price for SGB 2018-19 Series-III?
RBI has set the redemption price at ₹14024 per unit of the bond.
How is the SGB redemption price calculated?
It is the average of gold's closing rates (999 purity) on the previous three business days, as published by IBJA. For this tranche, those days are November 10, 11 and 12, 2026.
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- [1]“Final redemption under Sovereign Gold Bond (SGB) Scheme - Redemption Price for final redemption of SGB 2018-19 Series-III due on November 13, 2026” Reserve Bank of India · 13 Nov 2026
Official source. GoCredit wrote this explainer from the document above, and every figure in it is checked against that document automatically. The worked example is calculated by GoCredit. How we write news
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