RBI notified regarding the Redemption Price for premature redemption due on March 11, 2025

Mar 11, 2025 | by TeamLease RegTech Legal Research Team

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Industry Specific ComplianceThe Reserve Bank of India (RBI) on March 10, 2025, issued the notification regarding the Premature redemption under Sovereign Gold Bond (SGB) Scheme – Redemption Price for premature redemption due on March 11, 2025.

The following has been stated namely: -

• 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. 

• The due date of premature redemption of the above tranche shall be March 11, 2025.

• The redemption price for premature redemption due on March 11, 2025, shall be ₹8,596/- per unit of SGB based on the simple average of closing gold price for the three business days i.e., March 06, March 07, and March 10, 2025.

[Press Release: 2024-2025/2345]


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