On November 18, 2025, the Reserve Bank of India released a press statement regarding the premature redemption price for the Sovereign Gold Bond (SGB) Scheme, specifically for the 2020-21 Series-II tranche, which is due on November 19, 2025.
As per GOI notification F.No.4(4)-B(W&M)/2020 dated April 13, 2020, premature redemption of the Gold Bond is permitted after the fifth year from the issue date, which was May 19, 2020, on a date on which interest is payable. The next due date of premature redemption for this tranche is November 19, 2025.
The redemption price will be based on the simple average of the closing price of gold of 999 purity from the previous three business days before the redemption date, as published by the India Bullion and Jewellers Association Ltd (IBJA). The redemption price for premature redemption due on November 19, 2025, will be ₹12,330/- (Rupees Twelve Thousand Three Hundred and Thirty only) per unit of SGB. This price is calculated based on the simple average closing price of gold for November 14, 2025, November 17, 2025, and November 18, 2025.
The press release number is 2025-2026/1526. The Deputy General Manager, Ajit Prasad, is listed as the contact person. The Department of Communication, Central Office is located at Shahid Bhagat Singh Marg, Fort, Mumbai - 400 001 with phone number 022 - 2266 0502. The website is www.rbi.org.in and the email is helpdoc@rbi.org.in.
Key Entities Referenced
Sovereign Gold Bond (SGB) Scheme: Scheme allowing premature redemption of gold bonds.
GOI notification F.No.4(4)-B(W&M)/2020 dated April 13, 2020: Government of India notification specifying terms for the SGB scheme.
Reserve Bank of India: Regulatory body issuing the press release.
Mumbai: Location of the RBI Central Office.
India Bullion and Jewellers Association Ltd (IBJA): Organization publishing gold prices used for 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 18, 2025
Premature redemption under Sovereign Gold Bond (SGB) Scheme - Redemption
Price for premature redemption of 2020-21 Series-II due on November 19, 2025
In terms of GOI notification F.No.4(4)-B(W&M)/2020 dated April 13, 2020 (SGB 2020-21
Series-II-Issue date May 19, 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 19, 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 19, 2025, shall be ₹12,330/-
(Rupees Twelve Thousand Three Hundred and Thirty only) per unit of SGB based on the
simple average of closing price of gold for the three business days i.e., November 14,
2025, November 17, 2025, and November 18, 2025.
(Ajit Prasad)
Press Release: 2025-2026/1526 Deputy General Manager