The Reserve Bank of India (RBI) has issued a press release outlining the details of the SGB tranches scheduled for premature redemption during October 2024 – March 2025, as well as a window for submitting requests for premature redemption. Note that premature redemption of the gold bonds is permitted after five years from the date of issue of such bonds.
Sovereign gold bonds
The Sovereign Gold Bonds are issued by Government of India (GOI) as Government of India Stock in accordance with Section 3 of the Government Securities Act, 2006 (GS Act 2006). Interest rate on bonds is 2.5% now and will be paid on a half yearly basis. The amount will be credited by RBI to the bank account of the holder of SGB. Where the bonds are held with the depositories, the interest amount will be disbursed through depositories, who will arrange to credit the amount to the bank accounts through electronic means on the due date.
| Sl. | Tranche | Issue Date | Date of Coupon payment | Dates for submitting the request for premature redemption by the investors to the Receiving Offices/NSDL/CDSL/RBI Retail Direct | |
| No. | From | To | |||
| 1 | 2017-18 Series I | 12-May-17 | 12-Nov-24 | 11-Oct-24 | 2-Nov-24 |
| 2 | 2017-18 Series II | 28-Jul-17 | 28-Jan-25 | 27-Dec-24 | 18-Jan-25 |
| 3 | 2017-18 Series III | 16-Oct-17 | 16-Oct-24 | 16-Sep-24 | 7-Oct-24 |
| 4 | 2017-18 Series IV | 23-Oct-17 | 23-Oct-24 | 23-Sep-24 | 14-Oct-24 |
| 5 | 2017-18 Series V | 30-Oct-17 | 30-Oct-24 | 30-Sep-24 | 21-Oct-24 |
| 6 | 2017-18 Series VI | 6-Nov-17 | 6-Nov-24 | 5-Oct-24 | 28-Oct-24 |
| 7 | 2017-18 Series VII | 13-Nov-17 | 13-Nov-24 | 11-Oct-24 | 4-Nov-24 |
| 8 | 2017-18 Series VIII | 20-Nov-17 | 20-Nov-24 | 19-Oct-24 | 11-Nov-24 |
| 9 | 2017-18 Series IX | 27-Nov-17 | 27-Nov-24 | 25-Oct-24 | 18-Nov-24 |
| 10 | 2017-18 Series X | 4-Dec-17 | 4-Dec-24 | 4-Nov-24 | 25-Nov-24 |
| 11 | 2017-18 Series XI | 11-Dec-17 | 11-Dec-24 | 11-Nov-24 | 2-Dec-24 |
| 12 | 2017-18 Series XII | 18-Dec-17 | 18-Dec-24 | 18-Nov-24 | 9-Dec-24 |
| 13 | 2017-18 Series XIII | 26-Dec-17 | 26-Dec-24 | 26-Nov-24 | 16-Dec-24 |
| 14 | 2017-18 Series XIV | 1-Jan-18 | 1-Jan-25 | 30-Nov-24 | 23-Dec-24 |
| 15 | 2018-19 Series I | 4-May-18 | 4-Nov-24 | 4-Oct-24 | 25-Oct-24 |
| 16 | 2018-19 Series II | 23-Oct-18 | 23-Oct-24 | 23-Sep-24 | 14-Oct-24 |
| 17 | 2018-19 Series III | 13-Nov-18 | 13-Nov-24 | 11-Oct-24 | 4-Nov-24 |
| 18 | 2018-19 Series IV | 1-Jan-19 | 1-Jan-25 | 30-Nov-24 | 23-Dec-24 |
| 19 | 2018-19 Series V | 22-Jan-19 | 22-Jan-25 | 21-Dec-24 | 13-Jan-25 |
| 20 | 2018-19 Series VI | 12-Feb-19 | 12-Feb-25 | 10-Jan-25 | 3-Feb-25 |
| 21 | 2019-20 Series I | 11-Jun-19 | 11-Dec-24 | 11-Nov-24 | 2-Dec-24 |
| 22 | 2019-20 Series II | 16-Jul-19 | 16-Jan-25 | 17-Dec-24 | 6-Jan-25 |
| 23 | 2019-20 Series III | 14-Aug-19 | 14-Feb-25 | 15-Jan-25 | 4-Feb-25 |
| 24 | 2019-20 Series IV | 17-Sep-19 | 17-Mar-25 | 15-Feb-25 | 7-Mar-25 |
| 25 | 2019-20 Series V | 15-Oct-19 | 15-Oct-24 | 14-Sep-24 | 5-Oct-24 |
| 26 | 2019-20 Series VI | 30-Oct-19 | 30-Oct-24 | 30-Sep-24 | 21-Oct-24 |
| 27 | 2019-20 Series VII | 10-Dec-19 | 10-Dec-24 | 8-Nov-24 | 30-Nov-24 |
| 28 | 2019-20 Series VIII | 21-Jan-20 | 21-Jan-25 | 21-Dec-24 | 13-Jan-25 |
| 29 | 2019-20 Series IX | 11-Feb-20 | 11-Feb-25 | 10-Jan-25 | 1-Feb-25 |
| 30 | 2019-20 Series X | 11-Mar-20 | 11-Mar-25 | 7-Feb-25 | 1-Mar-25 |
According to the RBI press release dated August 23, 2024, “It may, however, be noted that the above-mentioned dates may undergo a change in case of unscheduled holiday/s. Investors are advised to take note of the period for submission of requests for redemption of SGB, in case they choose to redeem their holdings before maturity.”
