SGB 2018-19 Series VI Premature Redemption Price

RBI has set the premature redemption price for Sovereign Gold Bond 2018-19 Series VI at ₹15,102 per unit, due August 12, 2026.

Here's what happened: RBI has announced a premature redemption price of ₹15,102 per unit for Sovereign Gold Bond (SGB) 2018-19 Series VI, with the redemption due on August 12, 2026.. This tranche was originally issued on February 12, 2019, under GOI notification F.No.4(22)-B(W&M)/2018 dated October 08, 2018, and premature redemption is permitted after the fifth year from the issue date on scheduled interest-payment dates.. The price of ₹15,102 per unit is derived from the simple average of the closing price of gold of 999 purity on the three preceding business days — August 7, August 10, and August 11, 2026 — as published by the India Bullion and Jewellers Association Ltd (IBJA)..

What you should do: If you hold SGB 2018-19 Series VI bonds, contact your bank, post office, or depository (NSDL/CDSL) this week to confirm the process and deadline for submitting a premature redemption request for August 12, 2026.. Verify your bond certificate or demat statement to confirm your holding is specifically under the 2018-19 Series VI tranche — the ₹15,102 price applies only to this series and not to any other SGB tranche.. If your redemption is not processed at the correct price of ₹15,102 per unit, first raise a formal complaint with your bank or issuing agent, and if unresolved, escalate to the RBI Ombudsman through sachet.rbi.org.in..

This redemption window is relevant only to investors who hold the SGB 2018-19 Series VI tranche issued on February 12, 2019 — holders of any other SGB series are unaffected by this specific announcement and should check their own tranche's redemption schedule separately. Premature redemption is optional, not mandatory; if you do not act, your bonds will continue until the full eight-year maturity date. Note that capital gains on SGB premature redemption may be taxable for individuals — consult your tax adviser before redeeming.

For complaints against banks or NBFCs, our RBI complaint guide explains the free RB-IOS 2026 route.