SGB Redemption: The Reserve Bank of India (RBI) has fixed the premature redemption price for the SGB Series-VI (2019-20) at Rs 11,992 per unit compared to the issue price at Rs 3,788 per unit in October 2019, reflecting a gain of 213 per cent to investors.

The redemption price is determined based on the simple average of the closing prices of gold (999 purity) published by the India Bullion and Jewellers Association Ltd (IBJA) for the three business days preceding the redemption date.

SGB Series-VI tranche is available for premature redemption from today, September 30, 2025.

According to the SGB scheme, the gold bonds will be repayable on the expiration of eight years from the date of the issue of the bonds. However, premature redemption of the bonds may be permitted after the fifth ye

See Full Page