I am also interested in knowing about. As multiple Early Redemptions for SGBs have happened, is there a procedure/method for this? Does one need to raise a support ticket few days before the coupon payment date in case one is interested in prematurely redeeming their SGB?
As per the FAQ (Question 25) on the RBI website, it is suggested that the bondholder approach their bank/SHCIL offices/Post Office/agent a month before the coupon payment date if they need to prematurely redeem SGB. Do we also need to notify 30 days before or would requests for redemption be accepted later on as well?
25. What do I have to do if I want to exit my investment?
In case of premature redemption, investors can approach the concerned bank/SHCIL offices/Post Office/agent thirty days before the coupon payment date. Request for premature redemption can only be entertained if the investor approaches the concerned bank/post office at least one day before the coupon payment date. The proceeds will be credited to the customer’s bank account provided at the time of applying for the bond.
Also came across an article which shared upcoming buyback dates for SGBs -
