What happens when a SDL, T-bill and G-sec matures?

What happens when a SDL, T-bill and G-sec matures?

  • When the T-bills mature, they are debited from the demat account by the government automatically. This is called the extinguishment of securities.
  • The amount will be credited to the primary bank account linked with Jainam within 15 days.
  • CDSL will send an SMS to the registered mobile number upon maturity.
  • The transaction will be updated in My holdings under Polaris and Comet in Space at Jainam.