The Reserve Bank of India (RBI) on June 15, 2026, issued a notification regarding the premature redemption under the Sovereign Gold Bond (SGB) Scheme - Redemption Price for premature redemption of SGB 2020-21 Series-III due on June 16, 2026.
The following has been stated:-
•The Reserve Bank of India has announced that holders of Sovereign Gold Bond (SGB) 2020-21 Series III, issued on June 16, 2020, are eligible for premature redemption on June 16, 2026, after completion of the mandatory five-year holding period.
•As per the scheme rules, the redemption price is determined based on the simple average closing price of 999 purity gold for the preceding three business days.
•Accordingly, the redemption price has been fixed at ₹14,774 per unit based on gold prices published by IBJA for June 11, 12, and 15, 2026.
•This amount will be paid to eligible investors opting for premature redemption.
The detailed notification is given in the document below.
[Notification No.: 2026-2027/459]
