Where does the maturity amount get credited once the Sovereign Gold Bond(SGB) matures?
On maturity of the Sovereign Gold Bond (SGB) , the maturity amount gets credited to the bank account linked with the Zerodha demat account. The Gold Bonds will be redeemed in Indian Rupees. The redemption price shall be based on 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 Jewelers Association Limited.
You can read more FAQs regarding SGBs on the RBI website .