Sovereign Gold Bond (SGB) investors who are planning to apply for the premature redemption of their respective SGBs before maturity should take note of the latest premature redemption schedule released by the Reserve Bank of India (RBI).Several SGB tranches issued between 2019 and 2021 will become eligible for premature redemption in June 2026. Investors must submit their requests within official timelines through banks, post offices, NSDL, CDSL or RBI Retail Direct. Missing the request submission window may lead to the rejection of a premature redemption request.SGBs are government-backed securities denominated in grams of gold and are considered an alternative to holding physical gold. Apart from capital appreciation linked to gold prices, investors also earn a fixed annual interest on their investments.SGB June 2026 premature redemption calendar 2021-22 Series II – June 1, 2026 Request window: April 30, 2026 – May 22, 2026 2021-22 Series III – June 08, 2026 Request window: May 08 – May 29, 20262019-20 Series I – June 11, 2026Request window: May 11 – June 01, 2026 2019-20 Series VII – June 10, 2026 Request window: May 08 – June 01, 2026 2020-21 Series III – June 16, 2026 Request window: May 16 – June 06, 2026 Tranche Issue Date Date of Premature Redemption Request Submission Window 2019-20 Series I 11-Jun-19 11-Jun-26 May 11, 2026 – June 01, 2026 2019-20 Series VII 10-Dec-19 10-Jun-26 May 08, 2026 – June 01, 2026 2020-21 Series III 16-Jun-20 16-Jun-26 May 16, 2026 – June 06, 2026 2021-22 Series II 1-Jun-21 1-Jun-26 April 30, 2026 – May 22, 2026 2021-22 Series III 8-Jun-21 8-Jun-26 May 08, 2026 – May 29, 2026 These dates may change due to unscheduled holidays. SGB investors must submit their premature redemption requests within the official window through banks, post offices, NSDL, CDSL, or RBI Retail Direct to avoid rejection.Total tranches eligible for premature redemption in 2026A total of 33 tranches of SGBs issued between 2018-19 and 2021-22 are eligible for premature redemption in FY26–27.What is a Sovereign Gold Bond (SGB)? Who is the issuer?SGBs are government securities denominated in grams of gold. They are substitutes for holding physical gold. Investors have to pay the issue price in cash and the bonds will be redeemed in cash on maturity. The bond is issued by the RBI on behalf of the Government of India.How is the SGB redemption price calculated?The redemption value of an SGB series is calculated based on the simple average closing price of the gold of 999 purity published by the India Bullion and Jewellers Association (IBJA) for the preceding three working days, as per an RBI rule.What is the rate of interest SGB investors get and how is this interest paid?The bonds bear interest at the rate of 2.50% (fixed rate) per annum on the amount of the initial investment. Interest will be credited semi-annually to the bank account of an SGB investor and the last interest is payable on maturity along with the principal.