Step 1: Input Parameters
Gold Quantity
Enter grams (1-4000) in numeric field
Example: 100g for ₹6,45,000 investmentGold Price
Check RBI's India Bullion rates
Current rate: ₹6,450/g (June 2024)Interest Rate
Defaults to 2.5% (RBI-mandated)
Adjust for future scenario testingTenure
Set 8 years (standard) or custom period
Minimum 1 year for tax benefitsPro Tip
Use "Tab" key to navigate fields quickly
Step 2: Calculation Process
function calculateSGB() { // RBI-mandated formula const principal = grams × price; const interest = principal × rate × tenure; const maturity = principal + interest; } Live Example
100g @₹6,450 × 2.5% × 8Y:
Maturity: ₹7,75,209
Step 3: Analyze Results
Total Interest
₹1,30,209
Maturity Value
₹7,75,209
What You See:
- Principal amount in rupees
- Interest earned breakdown
- Tax-free maturity value
- Formula used display
Step 4: Scenario Testing
Price Fluctuations
Test with ₹6,000-₹7,000/g range
Rate Changes
Simulate 2.0-3.0% interest scenarios
Tenure Variations
Compare 5Y vs 8Y returns
Advanced Use
Combine with our SGB Series List for historical comparisons