SGB Early Exit in June? Get ₹15,275 Per Unit

RBI has set ₹15,275 as the early redemption price for Sovereign Gold Bond 2019-20 Series VII for June 10, 2026. If you hold this bond, you can exit now and pocket this amount per unit — on top of 2.5% annual interest you already earned.

Here's what happened: RBI announced ₹15,275 per unit as the premature redemption price for SGB 2019-20 Series VII, effective June 10, 2026.. The price is calculated using the simple average of closing gold prices (999 purity) from IBJA across the preceding three business days.. SGBs allow premature exit from the 5th year onwards on specific RBI-designated coupon payment dates — this is one such window..

What you should do: Check your Demat or RBI Retail Direct account to confirm if you hold SGB 2019-20 Series VII before June 10.. Compare ₹15,275 against your original issue price and current gold market rate before deciding to redeem early or hold till maturity.. Contact your bank, broker, or post office where you bought the bond to initiate redemption before the window closes on June 10, 2026..

Holding till 8-year maturity means your capital gains are completely tax-free — premature redemption gains are taxable. Crunch that number before you exit.