Section 11(1) in The Sovereign Gold Bond Scheme 2016-17 - Series I
(1)The Gold Bond shall be repayable on the expiration of eight years from the 5th day of August 2016, the date of the issue of Gold Bonds:Provided that premature redemption of Gold Bond may be permitted after fifth year from the date of issue of such Gold Bond on the date on which interest is payable;
