In terms of GOI notification F.No.4(4)-B(W&M)/2020 dated October 09, 2020 (SGB 2020-21 Series-VII-Issue date October 20, 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 April 20, 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 April 20, 2026, shall be ₹15,254/- (Rupees Fifteen Thousand Two Hundred and Fifty Four Only) per unit of SGB based on the simple average of closing price of gold for the three business days i.e., April 15, April 16, and April 17, 2026. Ajit Prasad Deputy General Manager (Communications) Press Release: 2026-2027/101 | |