The Reserve Bank of India released a press release on 21 February 2025. It has the dates of Sovereign Gold Bond (SGB) for Premature Redemption during the year 2025. It also states that if investors want to make their gold bonds cash ahead of time. In such a situation, which day they will have to submit their application. Let's know in detail.
SGB is a way of making digital investment in Gold. You also get interest from this. This is a good option for investors who want safe and stable returns from gold. These bonds are issued by the government. Their value is based on the price of gold. The premature redemption of SGB can be done only after completion of five years.
According to the RBI press release, the schedule of SGB's premature redeemation has been released in the year 2025. RBI has given information about those dates. If there is a holiday someday, then these dates can change. Investors should note where and when they can apply for premature redemption. The price of premature redemption for SGB is based on the average price of gold last week of this week.
Only those who live in India can invest in SGB. Apart from this, if a person was earlier an Indian resident and now he has become a non-resident. In such a situation, he can keep the SGB until he does a redemption or maturity. SGBs are released by RBI at different times. The premature redemption of SGB can be done only after completion of five years.