Premature redemption under Sovereign Gold Bond (SGB) Scheme - Redemption Price for premature redemption of 2020-21 Series-VIII due on November 18, 2025
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In terms of GOI notification F.No.4(4)-B(W&M)/2020 dated October 09, 2020 (SGB 2020-21 Series-VIII-Issue date November 18, 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 November 18, 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 November 18, 2025, shall be ₹12,476/- (Rupees Twelve Thousand Four Hundred and Seventy-Six only) per unit of SGB based on the simple average of closing price of gold for the three business days i.e., November 13, 2025, November 14, 2025, and November 17, 2025. Ajit Prasad Press Release: 2025-2026/1522 |