RBI Gold Bonds mature: ₹3,000 investment yields ₹13,000.

• RBI announced a redemption value of ₹12,801 per unit for two series of Sovereign Gold Bonds (SGBs).
• Investors in the 2017-18 Series-XI, who initially invested ₹2,954 per unit, received approximately four times their investment plus 2.5% annual interest.
• The redemption price is based on the average 99.9% pure gold price from IBJA over the last three working days.
• SGBs, launched in 2015, offer a digital alternative to physical gold, providing market-linked returns and 2.5% annual interest.
• These bonds have an 8-year maturity period, with an option for early redemption after 5 years, and are open to Indian citizens.

Why It Matters: RBI Gold Bonds offer substantial returns and interest, proving a lucrative investment.