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Where does the maturity amount get credited once the Sovereign Gold Bond(SGB) matures?

Your SGB maturity amount gets credited to the bank account linked with your Zerodha demat account. You will receive the amount in Indian Rupees (₹).

How the redemption price is calculated

The redemption price is determined by the simple average of closing price of gold of 999 purity of previous 3 business days from the date of repayment, published by the India Bullion and Jewellers Association Limited (IBJA).

To learn more about SGBs, visit rbi.org.in/Scripts/FAQView.aspx?Id=109.

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