On November 03, 2025, the Reserve Bank of India (RBI) released a press statement (2025-2026/1440) regarding the premature redemption under the Sovereign Gold Bond (SGB) Scheme, specifically the redemption price for premature redemption of the 2018-19 Series-I, which is due on November 04, 2025. As per the GOI notification F. No.4(8)-W&M/2018 dated April 13, 2018 (SGB 2018-19 Series-I-Issue date May 04, 2018), premature redemption of the Gold Bond is permitted after the fifth year from the date of issue, coinciding with an interest payment date. The next due date for premature redemption is November 04, 2025. The redemption price is based on the simple average of the closing price of gold of 999 purity for the three business days prior to the redemption date, as published by the India Bullion and Jewellers Association Ltd (IBJA). The redemption price for premature redemption due on November 04, 2025, will be ₹12,039 per unit of SGB. This price is based on the average closing price of gold for October 30, 2025, October 31, 2025, and November 03, 2025. Contact the Department of Communication, Central Office, Shahid Bhagat Singh Marg, Fort, Mumbai - 400 001. Phone: 022 - 2266 0502 or visit www.rbi.org.in, email helpdoc@rbi.org.in. Ajit Prasad, Deputy General Manager (Communications)
Key Entities Referenced
Sovereign Gold Bond (SGB) Scheme: A government scheme related to gold bonds. This notice details the premature redemption price of a specific series.
GOI notification F. No.4(8)-W&M/2018 dated April 13, 2018: The Government of India notification which is the basis for the premature redemption rules for the SGB scheme.
Mumbai: Location of the Department of Communication, Central Office.
प्रेस प्रकाशनी PRESS RELEASE
भारतीय ररज़र्व बैंक
RESERVE BANK OF INDIA
वेबसाइट
:
www.rbi.org.in/hindi
संचार वर्भाग, केंद्रीय कायाालय, शहीद भगत ससिंह मागा, फोटा, म िंबई - 400 001
Website : www.rbi.org.in Department of Communication, Central Office, Shahid Bhagat Singh Marg, Fort,
ई-मेल/email : helpdoc@rbi.org.in Mumbai - 400 001 फोन/Phone: 022 - 2266 0502
November 03, 2025
Premature redemption under Sovereign Gold Bond (SGB) Scheme - Redemption
Price for premature redemption of 2018-19 Series-I due on November 04, 2025
In terms of GOI notification F. No.4(8)-W&M/2018 dated April 13, 2018 (SGB 2018-19
Series-I-Issue date May 04, 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 November 04, 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 04, 2025, shall be
₹12,039/- (Rupees Twelve Thousand and Thirty Nine only) per unit of SGB based on
the simple average of closing price of gold for the three business days i.e., October 30,
2025, October 31, 2025, and November 03, 2025.
Ajit Prasad
Press Release: 2025-2026/1440 Deputy General Manager
(Communications)