Premature redemption under Sovereign Gold Bond (SGB) Scheme - Redemption Price for premature redemption of SGB 2021-22 Series VI due on September 07, 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(5)-B(W&M)/2021 dated May 12, 2021 (SGB 2021-22 Series VI - Issue date September 07, 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 September 07, 2026. 2. Further, the redemption price of SGB shall be based on simple average of closing