The Reserve Bank of India (RBI), on April 28, 2026, notified the redemption details for premature redemption of Sovereign Gold Bond (SGB) Scheme 2020-21 Series-I (issued on April 28, 2020). As per the scheme provisions, premature redemption is permitted after the fifth year on an interest payment date, and accordingly, April 28, 2026 has been designated as the eligible redemption date for this tranche.
The redemption price has been determined based on the simple average of the closing price of gold of 999 purity for the three preceding business days, as published by India Bullion and Jewellers Association Ltd. The relevant dates considered for calculation are April 23, April 24, and April 27, 2026.
Based on this methodology, the redemption price for premature redemption due on April 28, 2026 has been fixed at ₹15,124 per unit of SGB, providing investors with an exit option aligned with prevailing market-linked gold prices.
[Notification No. F.No.4(4)-B(W&M)/2020]
