Premature redemption under Sovereign Gold Bond (SGB) Scheme - Redemption Price for premature redemption of 2018-19 Series-II due on October 23, 2025
In terms of GOI notification F.No.4(22)-B(W&M)/2018 dated October 08, 2018 (SGB 2018-19 Series-II-Issue date October 23, 2018) 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 next due date of premature redemption of the above tranche shall be on October 23, 2025. 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 October 23, 2025, shall be ₹12,704/- (Rupees Twelve Thousand Seven Hundred and Four only) per unit of SGB based on the simple average of closing price of gold for the three business days i.e., October 17, 2025, October 20, 2025, and October 22, 2025. Ajit Prasad Press Release: 2025-2026/1357 |