Missed Gold Bond Redemption? Here's What to Expect

Imagine you own special gold bonds, like a savings account for gold.

These bonds, issued in 2017-18 and 2018-19, have a chance to be redeemed early.

This early redemption date for both bonds is May 13, 2025.

If you want your money back early, you have to ask on time.

If you miss the deadline, you can't get your money until the next eligible redemption date.

When you redeem, you get a price based on the gold's current value, which is currently ₹9,551 per unit.

The bonds from 2017-18 gave a 226% return, while those from 2018-19 gave a 200% return.

The gains from the gold itself are tax-free, but the interest earned is taxed.