Sovereign Gold Bond: RBI gave a big update on Sovereign Gold Bond, announced premature redemption dates..

The Reserve Bank of India has issued a press release on 21 February 2025. It has given the dates of Sovereign Gold Bond (SGB) for premature redemption during the year 2025. It also tells that if investors want to cash their gold bonds before time. In such a situation, on which day do they have to submit their application? Let us know in detail.

What is investing in SGB Gold?

SGB is a way to invest digitally in gold. You also get interest from this. This is a good option for those 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. Premature redemption of SGB can be done only after the completion of five years.

Schedule released

According to the press release of RBI, the schedule for premature redemption of SGB in the year 2025 has been released. RBI has given information about those dates. These dates may change if there is a holiday on any day. Investors should note where and when they can apply for premature redemption. The premature redemption price for SGB is based on the average price of gold for the previous week.

Who can invest in SGB?

Only those who reside in India can invest in SGB. Also, if a person was previously an Indian resident and now he has become a non-resident. In such a case, he can hold the SGB until he redeems or matures. SGBs are issued by RBI at different times. Premature redemption of SGB can be done only after the completion of five years.

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