On November 03, 2025, the Reserve Bank of India released a press release regarding the premature redemption under the Sovereign Gold Bond (SGB) Scheme. Specifically, it addresses the redemption price for premature redemption of the 2018-19 Series-I, which is due on November 04, 2025.
As per 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 Gold Bond is permitted after the fifth year from the date of issue, specifically on a date when interest is payable. The next due date for premature redemption of this tranche is November 04, 2025.
The redemption price will be based on the simple average of the closing price of gold of 999 purity for the three business days preceding 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, is ₹12,039/- (Rupees Twelve Thousand and Thirty Nine only) per unit of SGB. This is based on the simple average of closing prices of gold for the three business days of October 30, 2025, October 31, 2025, and November 03, 2025.
The press release number is 2025-2026/1440. Ajit Prasad, Deputy General Manager (Communications) is the contact. The Department of Communication is located at Central Office, Shahid Bhagat Singh Marg, Fort, Mumbai - 400 001. The phone number is 022 - 2266 0502. The website is www.rbi.org.in, and the email address is helpdoc@rbi.org.in.
Key Entities Referenced
Sovereign Gold Bond (SGB) Scheme: Scheme allowing premature redemption of gold bonds after the fifth year.
GOI notification F. No.4(8)-W&M/2018 dated April 13, 2018: Government of India notification establishing the terms of the SGB Scheme.
India Bullion and Jewellers Association Ltd (IBJA): Organization that publishes the gold prices used for SGB redemption.
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)