---
title: "Where does the maturity amount get credited once the Sovereign Gold Bond(SGB) matures?"
description: "Your SGB maturity amount gets credited to the bank account linked with your iRage demat account. You will receive the amount in Indian Rupees (₹)."
category: console
subcategory: portfolio
slug: where-does-the-maturity-amount-get-credited-once-the-sovereign-gold-bond-sgb-mat
canonical: https://support.arrow.trade/console/portfolio/where-does-the-maturity-amount-get-credited-once-the-sovereign-gold-bond-sgb-mat/
---

# Where does the maturity amount get credited once the Sovereign Gold Bond(SGB) matures?

> Your SGB maturity amount gets credited to the bank account linked with your iRage demat account. You will receive the amount in Indian Rupees (₹).

## Short answer

Your SGB maturity amount gets credited to the bank account linked with your iRage demat account. You will receive the amount in Indian Rupees (₹).

## How the redemption price is calculated

The redemption price is determined by the simple average of closing price of gold of 999 purity of previous 3 business days from the date of repayment, published by the India Bullion and Jewellers Association Limited (IBJA).

To learn more about SGBs, visit rbi.org.in/Scripts/FAQView.aspx?Id=109.

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---

Source: https://support.arrow.trade/console/portfolio/where-does-the-maturity-amount-get-credited-once-the-sovereign-gold-bond-sgb-mat/
Publisher: Arrow / iRage Broking Services LLP