Issue price
₹2,934 per gram
₹2,884 for online applications paying digitally
SGB 2017-18 Series VII: Issue Price ₹2,934, Redemption Dates and Value Today
Source: RBI press releases · latest release 12 Nov 2025 · fetched 23 Oct 2026, 8:47 PM IST (rbi.org.in)
Final redemption price
₹12,350 up by ₹9,416 (320.93%)
for the redemption due 13 Nov 2025 · RBI, 12 Nov 2025
Key dates
- Date of issue
- Interest
- 2.5% a year on the issue price, paid every six months on 13 Nov and 13 May
- Premature redemption
- From 13 Nov 2022 (five years from issue), on each interest date
- Maturity
- 13 Nov 2025 (eight years from issue)
- Status
- Matured — RBI’s final redemption fell on 13 Nov 2025 at ₹12,350 per unit
RBI’s redemption prices for SGB 2017-18 Series VII
Frequently asked questions
What was the issue price of SGB 2017-18 Series VII?
₹2,934 per gram, ₹2,884 for online applications paying digitally. One of the weekly tranches open from Monday to Wednesday; it was issued on 13 Nov 2017 (RBI press release of 3 Nov 2017).
When does SGB 2017-18 Series VII mature?
On 13 Nov 2025, eight years from its issue on 13 Nov 2017. RBI repays the unit at the simple average of IBJA’s closing price of 999 gold over the three business days before the date, and pays the last interest with it.
When can SGB 2017-18 Series VII be redeemed early?
It can no longer be redeemed: the tranche matured on 13 Nov 2025.
How much interest does SGB 2017-18 Series VII pay?
2.5% a year on the issue price of ₹2,934 per gram — ₹73.35 per unit a year, paid in two halves on 13 Nov and 13 May, the last one with the redemption. Interest is taxable as income.