What will be my sell price if I redeem my SGB holdings?
When you redeem your Sovereign Gold Bond (SGB) holdings through FYERS, the sell price is determined by the live market value of the bond on the day of redemption.
How to calculate your redemption value?
- Check the live market price:
Open FYERS (Web or App) and look up the current trading price of your SGB (e.g., SGBAPR28I-GB). - Calculate total value:
Multiply the market price per gram by the number of grams held in your FYERS Demat account.
Example:
If the market price of “SGBAPR28I-GB” is ₹5,948 per gram and you hold 10 grams:
Your total sell price = ₹5,948 × 10 = ₹59,480 (before taxes and charges)
What if...
| Scenario | Resolution |
|---|
| Market price is below issue price | You will receive the current market value, which may be lower than your purchase price. |
| You plan to redeem before maturity | You can sell on the secondary market, but prices may vary. No early redemption through RBI is allowed before the lock-in. |
Check the SGB market depth on FYERS platforms before placing your sell order to ensure better price execution.
Last updated: 26 Jun 2025
Related Articles
How do I redeem Sovereign Gold Bonds using FYERS platforms?
You can easily redeem your Sovereign Gold Bonds (SGBs) via the secondary market using FYERS Web, FYERS App, or FYERS Next. Redemption is treated as a standard sell transaction on the exchange. Steps to redeem SGBs on FYERS Login to FYERS Platform: ...
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 to sell my holdings using E-DIS?
Electronic Delivery Instruction Slip (EDIS) was introduced to allow investors to sell their holdings using a TPIN/OTP sent to their registered mobile number and email ID. The procedure to sell the holdings using E-DIS is as below: Go to the scrip you ...
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 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 ...