Sovereign Gold Bond an SGB investor opting for exit prior to maturity? The Reserve Bank of India (RBI) has laid down the final dates for the premature redemption of eligible sovereign gold bonds SGB tranches for April-May 2025. If you have reached the end of your 5-year lock-in period, here is where you can make the sale early!
Key Highlights: Sovereign Gold Bond Premature Redemption Dates
SGB 2017-18 Series III:
- Redemption Date: 16 April 2025
- Submit Request Between: 17 March-7 April 2025
SGB 2017-18 Series IV:
- Redemption Date: 23 April 2025
- Submit Request Between: 24 March-15 April 2025
SGB 2017-18 Series V:
- Redemption Date: 30 April 2025
- Submit Request Between: 31 March-21 April 2025
SGB 2017-18 Series VI:
- Redemption Date: 6 May 2025
- Submit Request Between: 5 April-28 April 2025
How to apply for premature redemption?
- You need to fill the redemption request to any of the following entities:
- Receiving Offices
- NSDL/CDSL (if held in Demat form)
- RBI Retail Direct Portal
- Miss it, wait even longer. So hurry!
What are the benefits of investing in Sovereign Gold Bonds?
- Risk-free investment backed by the government.
- No storage hassles as in physical gold.
- 2.5% interest per annum (payable half-yearly).
- Long-term capital gains tax benefits (if kept until maturity).
