Sovereign Gold Bond 2020-21 Series VII Redemption Price ₹15,254 per Unit
Summary
The RBI has announced the redemption price of ₹15,254 per unit for Sovereign Gold Bond (SGB) 2020-21 Series VII, with premature redemption due on April 20, 2026. The redemption price is calculated as the simple average of the closing price of 999 purity gold for the three business days preceding the redemption date (April 15, 16, and 17, 2026), as published by the India Bullion and Jewellers Association Ltd (IBJA). Bondholders who purchased these bonds on the original issue date of October 20, 2020 may exercise their premature redemption option on the interest payment date.
“Accordingly, the redemption price for premature redemption due on April 20, 2026, shall be ₹15,254/- (Rupees Fifteen Thousand Two Hundred and Fifty Four Only) per unit of SGB based on the simple average of closing price of gold for the three business days i.e., April 15, April 16, and April 17, 2026.”
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What changed
The RBI has published the redemption price for SGB 2020-21 Series VII bonds that are eligible for premature redemption on April 20, 2026. The redemption price of ₹15,254 per unit reflects the simple average of 999 purity gold closing prices for the three business days prior to the redemption date. This price announcement is a routine administrative action required under the SGB Scheme terms, which permit premature redemption after the fifth year from the date of issue on interest payment dates.
SGB holders who wish to redeem their bonds prematurely on the April 20, 2026 date should contact their designated banks or financial institutions to initiate the redemption process. The redemption value is determined by market gold prices rather than the original issue price, meaning bondholders will receive the current market-linked value rather than their initial investment amount.
Archived snapshot
Apr 18, 2026GovPing captured this document from the original source. If the source has since changed or been removed, this is the text as it existed at that time.
Press Releases
| () | |
| Date : Apr 17, 2026 | |
| Premature redemption under Sovereign Gold Bond (SGB) Scheme - Redemption Price for premature redemption of SGB 2020-21 Series-VII due on April 20, 2026 | |
| | In terms of GOI notification F.No.4(4)-B(W&M)/2020 dated October 09, 2020 (SGB 2020-21 Series-VII-Issue date October 20, 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 20, 2026.
- 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 20, 2026, shall be ₹15,254/- (Rupees Fifteen Thousand Two Hundred and Fifty Four Only) per unit of SGB based on the simple average of closing price of gold for the three business days i.e., April 15, April 16, and April 17, 2026.
A jit Prasad
Deputy General Manager
(Communications)
Press Release: 2026-2027/101 | | In terms of GOI notification F.No.4(4)-B(W&M)/2020 dated October 09, 2020 (SGB 2020-21 Series-VII-Issue date October 20, 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 20, 2026.
- 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 20, 2026, shall be ₹15,254/- (Rupees Fifteen Thousand Two Hundred and Fifty Four Only) per unit of SGB based on the simple average of closing price of gold for the three business days i.e., April 15, April 16, and April 17, 2026.
A jit Prasad
Deputy General Manager
(Communications)
Press Release: 2026-2027/101 |
| In terms of GOI notification F.No.4(4)-B(W&M)/2020 dated October 09, 2020 (SGB 2020-21 Series-VII-Issue date October 20, 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 20, 2026.
- 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 20, 2026, shall be ₹15,254/- (Rupees Fifteen Thousand Two Hundred and Fifty Four Only) per unit of SGB based on the simple average of closing price of gold for the three business days i.e., April 15, April 16, and April 17, 2026.
A jit Prasad
Deputy General Manager
(Communications)
Press Release: 2026-2027/101 | |
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