Changeflow GovPing Banking & Finance SGB 2020-21 Series-I Premature Redemption Price...
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SGB 2020-21 Series-I Premature Redemption Price ₹15,124 per Unit April 28 2026

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Summary

The RBI announced the redemption price of ₹15,124 per unit of Sovereign Gold Bond (SGB) 2020-21 Series-I for premature redemption due on April 28, 2026. The price is based on the simple average of closing gold prices (999 purity) for three business days — April 23, April 24, and April 27, 2026 — as published by India Bullion and Jewellers Association Ltd (IBJA). SGB holders who purchased during the April 28, 2020 issue date become eligible for premature redemption after the fifth year from the date of issue.

“Accordingly, the redemption price for premature redemption due on April 28, 2026, shall be ₹15,124/- (Rupees Fifteen Thousand One Hundred and Twenty Four Only) per unit of SGB based on the simple average of closing price of gold for the three business days i.e., April 23, April 24, and April 27, 2026.”

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What changed

The RBI published the official redemption price for premature redemption of SGB 2020-21 Series-I tranche due April 28, 2026. The redemption price of ₹15,124 per unit is calculated as the simple average of closing price of gold of 999 purity for the three business days preceding the redemption date, per the pricing methodology prescribed under the GOI notification.

SGB holders who invested in the Series-I tranche issued on April 28, 2020 may exercise the premature redemption option on the redemption date, subject to the terms of the scheme permitting early redemption after the fifth year from issue. Bondholders seeking to redeem should coordinate with their designated banks or custodians before the April 28, 2026 due date.

Archived snapshot

Apr 28, 2026

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Press Releases

| () | |
| Date : Apr 27, 2026 | |
| Premature redemption under Sovereign Gold Bond (SGB) Scheme - Redemption Price for premature redemption of SGB 2020-21 Series-I due on April 28, 2026 | |
| | In terms of GOI notification F.No.4(4)-B(W&M)/2020 dated April 13, 2020 (SGB 2020-21 Series-I-Issue date April 28, 2020) 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 next due date of premature redemption of the above tranche shall be on April 28, 2026.

  1. Further, the redemption price of SGB shall be based on simple average of closing price of gold of 999 purity of previous three business days from the date of redemption, as published by the India Bullion and Jewellers Association Ltd (IBJA). Accordingly, the redemption price for premature redemption due on April 28, 2026, shall be ₹15,124/- (Rupees Fifteen Thousand One Hundred and Twenty Four Only) per unit of SGB based on the simple average of closing price of gold for the three business days i.e., April 23, April 24, and April 27, 2026.

Ajit Prasad
Deputy General Manager
(Communications)

Press Release: 2026-2027/154 | | In terms of GOI notification F.No.4(4)-B(W&M)/2020 dated April 13, 2020 (SGB 2020-21 Series-I-Issue date April 28, 2020) 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 next due date of premature redemption of the above tranche shall be on April 28, 2026.

  1. Further, the redemption price of SGB shall be based on simple average of closing price of gold of 999 purity of previous three business days from the date of redemption, as published by the India Bullion and Jewellers Association Ltd (IBJA). Accordingly, the redemption price for premature redemption due on April 28, 2026, shall be ₹15,124/- (Rupees Fifteen Thousand One Hundred and Twenty Four Only) per unit of SGB based on the simple average of closing price of gold for the three business days i.e., April 23, April 24, and April 27, 2026.

Ajit Prasad
Deputy General Manager
(Communications)

Press Release: 2026-2027/154 |
| In terms of GOI notification F.No.4(4)-B(W&M)/2020 dated April 13, 2020 (SGB 2020-21 Series-I-Issue date April 28, 2020) 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 next due date of premature redemption of the above tranche shall be on April 28, 2026.

  1. Further, the redemption price of SGB shall be based on simple average of closing price of gold of 999 purity of previous three business days from the date of redemption, as published by the India Bullion and Jewellers Association Ltd (IBJA). Accordingly, the redemption price for premature redemption due on April 28, 2026, shall be ₹15,124/- (Rupees Fifteen Thousand One Hundred and Twenty Four Only) per unit of SGB based on the simple average of closing price of gold for the three business days i.e., April 23, April 24, and April 27, 2026.

Ajit Prasad
Deputy General Manager
(Communications)

Press Release: 2026-2027/154 | |

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Last updated

Classification

Agency
RBI
Published
April 27th, 2026
Instrument
Notice
Branch
Executive
Legal weight
Non-binding
Stage
Final
Change scope
Minor

Who this affects

Applies to
Investors Banks
Industry sector
9211 Government & Public Administration
Activity scope
Gold bond redemption Government securities pricing Retail investment redemption
Geographic scope
India IN

Taxonomy

Primary area
Banking
Operational domain
Finance
Topics
Securities Government Contracting

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