Premature redemption under Sovereign Gold Bond (SGB) Scheme - Redemption Price for premature redemption of 2020-21 Series-IX due on January 05, 2026
In terms of GOI notification F.No.4(4)-B(W&M)/2020 dated October 09, 2020 (SGB 2020-21 Series-IX-Issue date January 05, 2021) on Sovereign Gold Bond Scheme, premature redemption of Gold Bond may be permitted after fifth year from the date of issue of such Gold Bond on the date on which interest is payable. Accordingly, the due date of premature redemption of the above tranche shall be on January 05, 2026. 2. Further, the redemption price of SGB shall be based on simple average of closing price of gold of 999 purity of previous three business days from the date of redemption, as published by the India Bullion and Jewellers Association Ltd (IBJA). Accordingly, the redemption price for premature redemption due on January 05, 2026, shall be ₹13,381/- (Rupees Thirteen Thousand Three Hundred and Eighty-One only) per unit of SGB based on the simple average of closing price of gold for the three business days i.e., December 31, 2025, January 01, 2026, and January 02, 2026. Ajit Prasad Press Release: 2025-2026/1837 |
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