The RBI gold investment scheme continues to offer attractive opportunities for investors looking to combine the safety of sovereign backing with the value appreciation of gold. The Reserve Bank of India (RBI) has announced that certain investors under the Sovereign Gold Bond (SGB) Scheme will have a chance for premature redemption on April 28, 2025.
According to RBI, the redemption price has been fixed at ₹9,600 per unit, which is calculated based on the average closing price of 999 purity gold over the preceding three working days. This price offers a substantial return for long-term investors who entered the market in earlier SGB series.
This early redemption opportunity applies to SGBs issued under the 2016-17 Series IV, originally released in April 2017. While the SGBs have an eight-year maturity period, investors can choose early exit options starting from the fifth year on interest payout dates.
Investors who wish to avail of this redemption option must place their request through the designated channels—whether through Receiving Offices, RBI Retail Direct, NSDL, or CDSL. The redemption must be initiated within the required timeframe to qualify for the April 28 payout.
The RBI gold investment scheme continues to serve as a reliable and tax-efficient option for investors seeking long-term gold exposure without the challenges of physical storage. With fixed interest income and government assurance, these bonds present a compelling alternative to traditional gold buying.
In conclusion, if you're holding eligible SGBs from April 2017, the upcoming redemption window on April 28, 2025, is a great opportunity to lock in profits at ₹9,600 per unit. Stay informed and evaluate how the RBI gold investment scheme fits into your broader financial strategy.