RBI notified regarding the Redemption Price for premature redemption of SGB 2021-22 Series VII due on November 02, 2026

Nov 01, 2026 | by TeamLease RegTech Legal Research Team

Free Legal updates for the week 00


Finance & Taxation ComplianceThe Reserve Bank of India (RBI) on October 30, 2026, issued the notification regarding the Premature redemption under Sovereign Gold Bond (SGB) Scheme - Redemption Price for premature redemption of SGB 2021-22 Series VII due on November 02, 2026.

The following has been stated namely: -

• Premature redemption of Sovereign Gold Bond (SGB) 2021-22 Series VII is due on November 02, 2026, after completion of the five-year lock-in period.

• The redemption price is determined based on the simple average of the closing gold prices (999 purity) for the three preceding business days, as published by IBJA.

• The premature redemption price has been fixed at ₹14,167 per unit, based on gold prices for October 28, 29 and 30, 2026.

[Notification No. 2026-2027/1419]


Bookmark

Related Updates



Alternate Text

Get updates on the go on RegUpdate Mobile App.

✦ NEW  ·  AI ASSISTANT