---
title: "Can I redeem my Sovereign Gold Bond (SGB) before maturity?"
description: "Yes, you can redeem your Sovereign Gold Bond (SGB) before its 8-year maturity period, but only after completing 5 years from the issue date on specific…"
category: console
subcategory: portfolio
slug: can-i-redeem-my-sovereign-gold-bond-sgb-before-maturity
canonical: https://support.arrow.trade/console/portfolio/can-i-redeem-my-sovereign-gold-bond-sgb-before-maturity/
---

# Can I redeem my Sovereign Gold Bond (SGB) before maturity?

> Yes, you can redeem your Sovereign Gold Bond (SGB) before its 8-year maturity period, but only after completing 5 years from the issue date on specific…

## Short answer

Yes, you can redeem your Sovereign Gold Bond (SGB) before its 8-year maturity period, but only after completing 5 years from the issue date on specific coupon payment dates.

## How to redeem SGBs early

You can redeem your SGB prematurely on coupon payment dates after the 5th year from the issue date. The Reserve Bank of India (RBI) opens redemption windows at the end of the 5th, 6th, and 7th years when you can apply for premature redemption.

## Steps for early redemption

Complete and sign the redemption form (PDF).

Send the form to the following address:

iRage Customer Support Centre 192A 4th Floor, Kalyani Vista, 3rd Main Road, JP Nagar 4th Phase, Bengaluru, 560076

You must ensure your redemption forms reach iRage at least 10 working days before the coupon payment date. Your redemption request will only be processed if you meet this deadline. iRage will credit the redemption proceeds to your linked bank account after processing your request.

Charges: You will be charged ₹150 + 18% GST for rematerialisation or redemption when you redeem your SGB early.

The RBI will redeem your SGB at the average gold price of the previous week published by the India Bullion and Jewellers Association Limited (IBJA).

## Alternative: Secondary market

You can also sell your gold bonds on exchanges through the secondary market before maturity. However, these bonds may have limited liquidity in secondary markets.

To learn more about SGBs, visit m.rbi.org.in/scripts/FAQView.aspx?Id=109.

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Source: https://support.arrow.trade/console/portfolio/can-i-redeem-my-sovereign-gold-bond-sgb-before-maturity/
Publisher: Arrow / iRage Broking Services LLP