News India Live, Digital Desk: Today (28 April 2026) is no less than a lottery for Sovereign Gold Bond (SGB) investors. The Reserve Bank of India (RBI) has announced the premature redemption price for SGB 2020-21 Series-I. Investors who had invested in this bond 6 years ago are now getting absolute returns of up to 230% due to the skyrocketing prices of gold. Key Figures: How did Rs 1 lakh become Rs 3.30 lakh? According to the data released by RBI, the withdrawal rate for this series has been fixed at ₹ 15,124 per unit. DetailsIssuance of Online Subscription (SGB 2020-21 Series-I) Date28 April 2020Issue Price₹4,589 per gramRedemption Price (28 April 2026)₹15,124 per gramAbsolute Return~230%Investment Value₹1 lakh investment is now ₹3.30 lakh (approx.)Note: This 230% profit does not include the 2.5% annual interest that investors get every month in their bank account. Have been receiving it every 6 months. If that is added, the total returns become even higher. Why is the redemption price rising? The redemption price of gold bonds is based on the average closing price of the last three working days published by the ‘India Bullion and Jewelers Association’ (IBJA). The huge rise in global and domestic gold prices in April 2026 (almost crossing ₹ 1.50 lakh per 10 gram) has made old bond holders silver. Other important redemption windows for April 2026 According to the RBI calendar, several other series have also become eligible for withdrawal this month: SGB 2018-19 Series-II: Its redemption on April 23, 2026 The price was fixed at ₹ 15,219. SGB 2019-20 Series-VI: Its withdrawal date is 30 April 2026. Budget 2026 and new tax rules If you are selling your gold bonds at this time, then keep these things in mind: Tax exemption: According to the new rules of Budget 2026, only those investors who hold the bonds till maturity (8 years) will be exempted from capital gains tax. Full exemption is available. Pre-Mature Withdrawal: Premature withdrawal gains after 5 years can now be taxable (depending on the holding period), although indexation can be availed. Should you withdraw money now? Market experts believe that if you do not need immediate cash, it is better to wait for full maturity of 8 years. This will not only give you the benefit of future rise in gold, but your entire capital gain will remain tax-free.