Premature redemption under Sovereign Gold Bond (SGB) Scheme - Redemption Price for premature redemption of SGB 2019-20 Series VII due on June 10, 2026
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Official government notification — a formal executive order that operationalises policy decisions. Carries legal weight and specifies rules, dates, exemptions, or procedural requirements.
Summary
In terms of GOI notification F.No.4(7)-B(W&M)/2019 dated September 30, 2019 (SGB 2019-20 Series-VII-Issue date December 10, 2019) 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 June 10, 2026. 2. Further, the redemption price of SGB shall be based on simple average of closi
Key Facts
TypeNotification
SourceReserve Bank of India
PublishedTuesday, 9 June 2026
Affected Population~350 million BPL population, 140 million elderly
Key Numbers
PM-JAY: 55 crore beneficiaries
MGNREGA: Rs 86,000 crore annual outlay
NSAP pensions: 3 crore beneficiaries
Rs 15,000 crore for Digital India initiatives
Key Authorities
Ministry of Social Justice & EmpowermentNITI AayogMinistry of Electronics & ITTRAICERT-In
Key Stakeholders
BPL FamiliesSenior CitizensPersons with DisabilitiesInternet UsersTech CompaniesStartups
Government Context
NDA IIIBJP-led NDA
Centre-Right
LeftCentreRight
Amendment History
2 changes recorded for this policy.
DescriptionThursday, 11 June 2026via rbi
In terms of GOI notification F.No.4(7)-B(W&M)/2019 dated September 30, 2019 (SGB 2019-20 Series-VII-Issue date December 10, 2019) 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 June 10, 2026. 2. Further, the redemption price of SGB shall be based on simple average of closi
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, the Gold Bond shall be repayable on the expiration of eight years from the date of issue of the Gold Bonds. Accordingly, the final redemption date of the above tranche shall be May 04, 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
DescriptionThursday, 11 June 2026via rbi
In terms of GOI notification F.No.4(7)-B(W&M)/2019 dated September 30, 2019 (SGB 2019-20 Series-VII-Issue date December 10, 2019) 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 June 10, 2026. 2. Further, the redemption price of SGB shall be based on simple average of closi
In terms of GOI notification F.No.4(7)-B(W&M)/2019 dated May 30, 2019 (SGB 2019-20 Series-I-Issue date June 11, 2019) 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 June 11, 2026. 2. Further, the redemption price of SGB shall be based on simple average of closing price of
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