Calculating the Sell Price of SGB Holdings on FYERS

What will be my sell price if I redeem my SGB holdings?

When you decide to redeem your SGB holdings, the selling price is based on the prevailing market rate on the day of redemption. Here's how it works:
  • Check the live market price of your SGBs on the Fyers Web or Fyers App.
  • Multiply the live market price per gram by the number of grams in your SGB holdings to calculate your total sell price.
To illustrate, if the market price of "SGBAPR28I-GB" is ₹5,948 per gram on your redemption day and you have 10 grams in your FYERS Demat account, then the selling price will amount to ₹59,480. Please note that this amount will be before any applicable taxes or statutory charges.


    • Related Articles

    • How do I buy or sell a stock from the Holdings section?

      The Holdings section in FYERS allows you to take trading actions directly from your existing stock holdings. You can buy more, sell partially or fully, or even set alerts and GTT orders — all from one place. How to Buy or Sell a Stock from Holdings ...
    • How do I redeem a mutual fund from the Holdings section?

      You can redeem your mutual fund units directly from the FYERS Holdings section. The process is simple, and redemption proceeds are credited to your linked bank account after the applicable settlement timeline. Steps to Redeem Mutual Fund Units Go to ...
    • How do I redeem Sovereign Gold Bonds using FYERS platforms?

      To redeem your Sovereign Gold Bonds (SGBs) on the secondary market through FYERS, you can use any of our platforms—FYERS Web, FYERS App, or FYERS Next. Here’s how you can carry out the redemption process: Log into FYERS Platform: Open the Fyers Web ...
    • How to redeem mutual funds in Fyers Direct?

      Redeeming mutual funds on Fyers Direct is a straightforward process. Follow these steps to ensure a smooth redemption: Navigate to the dashboard and select either holdings or SIP. Click on the redeem option. An option to 'Authorize holdings' will ...
    • Is it possible to sell my holdings after submitting a pledge request?

      Yes, you can sell your holdings after raising a pledge request, effective from 1st December 2024. Although pledge and unpledge requests are processed at the end of the day (EOD), we still allow the sale of pledged shares in the interim. Points to ...