Jun 08, 2023 Premature redemption under Sovereign Gold Bond (SGB) Scheme - Redemption Price for premature redemption due on June 09, 2023 (June 10 and June 11, 2023 being non-working Saturday and Sunday respectively) (Series XI of SGB 2017-18) Interest Rate On SGBs Interest on the gold bonds, at an annual fixed rate of 2.5%, is credited semi-annually to the bank account of the investors. What Is The Sovereign Gold Bonds Scheme? The Sovereign Gold Bond (SGB) Scheme was launched by the Government of India in November 2015 as an alternative to owning physical gold. Sovereign Gold Bond (SGB) – Product Discontinued Note: The Sovereign Gold Bond Scheme is no longer open for new subscriptions. This page serves as a resource for existing bondholders to access essential information regarding their investments. Sovereign Gold Bonds, once a government-backed alternative to physical gold, are now discontinued. Existing investors can find details on redemption processes, tax implications. Frequently Asked Questions - Reserve Bank of IndiaFrequently Asked Questions