Date: 2025-11-17Category: Not ApplicableState: Union GovernmentCountry: India
Premature redemption under Sovereign Gold Bond (SGB) Scheme - Redemption Price for premature redemption of 2020-21 Series-VIII due on November 18, 2025
On November 17, 2025, the Reserve Bank of India released a press release regarding the premature redemption under the Sovereign Gold Bond (SGB) Scheme. The redemption price for premature redemption of the 2020-21 Series-VIII, due on November 18, 2025, is ₹12,476/- (Rupees Twelve Thousand Four Hundred and Seventy-Six only) per unit of SGB. This price is based on the simple average of the closing price of gold of 999 purity for the three business days i.e., November 13, 2025, November 14, 2025, and November 17, 2025, as published by the India Bullion and Jewellers Association Ltd (IBJA). The premature redemption is permitted after the fifth year from the date of issue, as per GOI notification F.No.4(4)-B(W&M)/2020 dated October 09, 2020.
The contact person is Ajit Prasad, Deputy General Manager (Communications). The press release number is 2025-2026/1522. RBI can be contacted at helpdoc@rbi.org.in or by phone: 022 - 2266 0502.
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 October 09, 2020: The original notification that governs the SGB scheme.
Mumbai: Location of the Department of Communication, Central Office.
Reserve Bank of India: Publisher of the press release and regulator.
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 17, 2025
Premature redemption under Sovereign Gold Bond (SGB) Scheme - Redemption
Price for premature redemption of 2020-21 Series-VIII due on November 18, 2025
In terms of GOI notification F.No.4(4)-B(W&M)/2020 dated October 09, 2020 (SGB
2020-21 Series-VIII-Issue date November 18, 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 18, 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 18, 2025, shall be
₹12,476/- (Rupees Twelve Thousand Four Hundred and Seventy-Six only) per unit of
SGB based on the simple average of closing price of gold for the three business days
i.e., November 13, 2025, November 14, 2025, and November 17, 2025.
Ajit Prasad
Press Release: 2025-2026/1522 Deputy General Manager
(Communications)