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SGB Redemption: ₹1 Lakh Turned Into ₹2.9 Lakh

SUMMARY

AI Generated Content
  • RBI announced SGB 2020-21 Series-IV premature redemption price.
  • ₹1 lakh invested could become ₹2.9 lakh upon early redemption.
  • SGBs offer fixed interest rates, paid semi-annually, boosting returns.
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