What is Sovereign Gold Bond Calculator?
Sovereign Gold Bond Calculator helps you estimate SGB coupon income and gain from assumed redemption proceeds.
The main result is total proceeds including coupons, with a breakdown of coupon income, redemption value and gain before tax. The formula, example and assumptions below explain how to interpret it.
How to use Sovereign Gold Bond Calculator
Use the example to get familiar with the form, then enter your own figures. Any rates in the example are illustrative. Check the field labels and units before calculating.
- Gather SGB units (grams) (g), original issue price per gram (₹), your purchase price per gram (₹), assumed redemption value per gram (₹), annual coupon rate on issue price (%) and years held with coupon entitlement (years). Use values from the same situation or reporting period.
- Replace the example SGB units (grams) with your own value, then complete the other fields. Check the displayed units.
- Select Calculate and read total proceeds including coupons with its result breakdown. Change one input and calculate again to compare a second scenario. Reset restores the original example.
- Enter SGB units (grams) in g, at least 1. Decimals are accepted.
- Enter original issue price per gram in ₹, at least 0.01. Decimals are accepted.
- Enter your purchase price per gram in ₹, at least 0.01. Decimals are accepted.
- Enter assumed redemption value per gram in ₹, at least 0. Decimals are accepted.
- Enter annual coupon rate on issue price in %, at least 0 and at most 100. Decimals are accepted.
- Enter years held with coupon entitlement in years, at least 0 and at most 8. Decimals are accepted.
Sovereign Gold Bond Calculator: a worked example
With the inputs below, the result is ₹85,000 (total proceeds including coupons). Follow the example, then replace these illustrative values with your own.
| Input or output | Example value |
|---|---|
| SGB units (grams) (g) | 10 g |
| Original issue price per gram (₹) | ₹5,000 |
| Your purchase price per gram (₹) | ₹5,200 |
| Assumed redemption value per gram (₹) | ₹7,500 |
| Annual coupon rate on issue price (%) | 2.5 % |
| Years held with coupon entitlement (years) | 8 years |
| Total proceeds including coupons | ₹85,000 |
| Coupon income | ₹10,000 |
| Redemption value | ₹75,000 |
| Gain before tax | ₹33,000 |
Understanding the Sovereign Gold Bond result
Read total proceeds including coupons alongside coupon income, redemption value and gain before tax. These describe different parts of the same calculation.
Displayed results use a readable number of decimal places. When checking a result by hand, keep extra precision until the last step. To compare scenarios, change one input at a time and keep the others fixed.
- Example Coupon income: ₹10,000
- Example Redemption value: ₹75,000
- Example Gain before tax: ₹33,000
Sovereign Gold Bond Calculator: assumptions and common mistakes
A useful estimate starts with the right inputs. Check the following assumptions and limits before applying the result to your situation.
- Projection using the rate you enter, not a guaranteed return or live product quote. Unless stated otherwise, taxes, fees and inflation are excluded.
- Assumes all coupons in the entered period belong to you. Coupon tax, capital-gains treatment and reinvestment are excluded.
- A projected return is an assumption. Check whether fees, tax and inflation are included before comparing products.
For wider guidance, visit SEBI Investor Education. The formula and scope of this specific tool are stated on this page.
