According to the Reserve Bank of India press release dated January 02, 2026, premature redemption under the Sovereign Gold Bond (SGB) Scheme for the 2020-21 Series-IX tranche, due on January 05, 2026, is permitted as per GOI notification F.No.4(4)-B(W&M)/2020 dated October 09, 2020. Premature redemption is allowed after the fifth year from the issue date (January 05, 2021) on interest payment dates. 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 January 05, 2026, will be ₹13,381/- (Rupees Thirteen Thousand Three Hundred and Eighty-One only) per unit of SGB, calculated from the average closing price for December 31, 2025, January 01, 2026, and January 02, 2026. The press release number is 2025-2026/1837. Ajit Prasad, Deputy General Manager (Communications) is the contact person. The website is www.rbi.org.in and email is helpdoc@rbi.org.in, phone 022 - 2266 0502. The address is Department of Communication, Central Office, Shahid Bhagat Singh Marg, Fort, Mumbai - 400 001.
Key Entities Referenced
Sovereign Gold Bond (SGB) Scheme: A government scheme allowing investment in gold in dematerialized form.
GOI notification F.No.4(4)-B(W&M)/2020 dated October 09, 2020: Government of India notification establishing the terms of the Sovereign Gold Bond scheme, specifically concerning premature redemption.
Reserve Bank of India: The central bank of India, issuing the press release regarding SGB premature redemption.
प्रेस प्रकाशनी PRESS RELEASE
भारतीय ररज़र्व ब ैंक
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
January 02, 2026
Premature redemption under Sovereign Gold Bond (SGB) Scheme -
Redemption Price for premature redemption of 2020-21 Series-IX due on
January 05, 2026
In terms of GOI notification F.No.4(4)-B(W&M)/2020 dated October 09, 2020 (SGB
2020-21 Series-IX-Issue date January 05, 2021) 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
due date of premature redemption of the above tranche shall be on January 05, 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 January 05, 2026, shall be
₹13,381/- (Rupees Thirteen Thousand Three Hundred and Eighty-One only) per
unit of SGB based on the simple average of closing price of gold for the three business
days i.e., December 31, 2025, January 01, 2026, and January 02, 2026.
Ajit Prasad
Press Release: 2025-2026/1837 Deputy General Manager
(Communications)