SGB 2020-21 Series XI Premature Redemption Price

RBI has set the premature redemption price for SGB 2020-21 Series XI at ₹14,564 per unit, due August 7, 2026.

Here's what happened: RBI has announced that the premature redemption price for Sovereign Gold Bond 2020-21 Series XI is ₹14,564 per unit, with the redemption due on August 7, 2026.. August 8 and August 9, 2026 are holidays, so the redemption date has been advanced to August 7, 2026.. The price is calculated as the simple average of the closing gold price (999 purity) for the three preceding business days — August 4, 5, and 6, 2026 — as published by the India Bullion and Jewellers Association Ltd (IBJA).. This premature redemption window is available under the terms of the original GOI notification F.No.4(4)-B(W&M)/2020 dated October 9, 2020, which permits early exit after the fifth year from the date of issue on scheduled interest-payment dates..

What you should do: If you hold SGB 2020-21 Series XI bonds and wish to redeem early, contact your bank, post office, or DMAT depository — whichever institution holds your bonds — before August 7, 2026 to initiate the redemption process.. If you do not wish to redeem, no action is needed; your bonds will continue until the next premature window or final maturity in 2029.. If you face any issue with redemption processing, first raise a complaint with your holding institution, then escalate to the RBI Ombudsman via sachet.rbi.org.in if unresolved..

This notice directly affects investors who hold SGB 2020-21 Series XI bonds, issued on February 9, 2021 — specifically those who have completed five years of holding and wish to exit before the 8-year maturity in 2029. Investors who do not want to redeem early are not affected and need take no action. Fixed-income or other SGB series holders are not covered by this particular redemption window.

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