diff --git a/charts/dependency/postgresql/Chart.yaml b/charts/dependency/postgresql/Chart.yaml
index c587c33d733..2b7c4c87e98 100644
--- a/charts/dependency/postgresql/Chart.yaml
+++ b/charts/dependency/postgresql/Chart.yaml
@@ -24,7 +24,7 @@ sources:
   - https://hub.docker.com/r/bitnami/postgresql
   - https://www.postgresql.org/
 type: application
-version: 11.0.30
+version: 11.0.31
 annotations:
   truecharts.org/catagories: |
     - database