SGB 2019-20 Series VI premature redemption price fixed at ₹14,213 per unit
TaxByKK · Compliance News · taxbykk.com29 Oct 2026
In short
RBI has fixed the premature redemption price of Sovereign Gold Bond 2019-20 Series VI, issued on 30 October 2019, at ₹14,213 per unit for the redemption date of 30 October 2026. Premature redemption is allowed after the fifth year from issue, on the dates interest falls due.
- Authority
- Reserve Bank of India
- Press release
- 2026-2027/1406 dated 29 October 2026
- Type
- Press release
- Redemption date
- 30 October 2026
- Price
- ₹14,213 per unit of SGB
- Basis
- Simple average of IBJA closing price of 999 gold on 27, 28 and 29 October 2026
What changed
| Item | Before | Now |
|---|---|---|
| Premature redemption price, SGB 2019-20 Series VI | — | ₹14,213 per unit (redemption on 30 October 2026) |
The scheme allows premature redemption only after the fifth year from the issue date and only on an interest payment date. The price is the simple average of the closing price of 999-purity gold published by the India Bullion and Jewellers Association for the three business days before redemption.
Who it applies to
- Holders of Sovereign Gold Bond 2019-20 Series VI
- CAs and advisers working out capital gains on SGB redemption
What to do
- Use ₹14,213 per unit as the redemption value for units redeemed early on 30 October 2026.
- Check the capital-gains treatment of the redemption with your adviser before filing your return.
Reference
RBI press release 2026-2027/1406, 29 October 2026, Premature redemption under Sovereign Gold Bond (SGB) Scheme – Redemption Price for premature redemption of SGB 2019-20 Series VI due on October 30, 2026; GOI notification F.No. 4(7)-B(W&M)/2019 dated 30 September 2019.
Read the official PDF: RBI press releaseWritten by TaxByKK from the official notification. Check the official text before you act on it.
Frequently asked questions
What is the premature redemption price of SGB 2019-20 Series VI?
₹14,213 per unit, for redemption on 30 October 2026.
How is the SGB redemption price worked out?
It is the simple average of the IBJA closing price of 999-purity gold for the three business days before redemption, here 27, 28 and 29 October 2026.