On October 17, 2025, the Reserve Bank of India released a press release (2025-2026/1342) regarding the premature redemption under the Sovereign Gold Bond (SGB) Scheme. The redemption price for premature redemption of the 2020-21 Series-VII, due on October 20, 2025, will be ₹12,792/- (Rupees Twelve Thousand Seven Hundred and Ninety Two only) per unit of SGB. This is based on the simple average of the closing price of gold of 999 purity for the three working days prior to redemption, specifically October 15, 2025, October 16, 2025, and October 17, 2025, as published by the India Bullion and Jewellers Association Ltd (IBJA). Premature redemption is permitted after the fifth year from the date of issue, according to GOI notification F.No.4(4)-B(W&M)/2020 dated October 09, 2020. Contact person: Ajit Prasad, Deputy General Manager (Communications). Website: www.rbi.org.in, email: helpdoc@rbi.org.in, phone: 022 - 2266 0502.
Key Entities Referenced
Sovereign Gold Bond (SGB) Scheme: Scheme under which premature redemption is being announced.
GOI notification F.No.4(4)-B(W&M)/2020 dated October 09, 2020: Government of India notification specifying terms of the Sovereign Gold Bond Scheme.
Reserve Bank of India: Issuer of the press release and regulator related to the SGB scheme.
India Bullion and Jewellers Association Ltd (IBJA): Entity publishing the gold prices used for redemption calculation.
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
October 17, 2025
Premature redemption under Sovereign Gold Bond (SGB) Scheme - Redemption
Price for premature redemption of 2020-21 Series-VII due on October 20, 2025
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 due
date of premature redemption of the above tranche shall be on October 20, 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 working 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 October 20, 2025, shall be ₹12,792/-
(Rupees Twelve Thousand Seven Hundred and Ninety Two only) per unit of SGB
based on the simple average of closing price of gold for the three working days i.e.,
October 15, 2025, October 16, 2025, and October 17, 2025.
Ajit Prasad
Press Release: 2025-2026/1342 Deputy General Manager
(Communications)