In terms of GOI notification F.No. 4(7) - B(W&M)/2019 dated September 30, 2019 (SGB 2019-20 Series-VIII - Issue date January 21, 2020) 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 July 21, 2025.

2. Further, the redemption price of SGB shall be based on simple average of closing gold price 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 July 21, 2025, shall be ₹9,773/- (Rupees Nine Thousand Seven Hundred and Seventy-Three only) per unit of SGB based on the simple average of closing gold price for the three business days i.e., July 16, July 17, and July 18, 2025.

Ajit Prasad          
Deputy General Manager
(Communications)    

Press Release: 2025-2026/743