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

Upon maturity, T-Bills (Treasury Bills), G-Secs (Government Securities), and SDLs (State Development Loans) are all redeemed at their face value.

Clients receive the full amount they initially invested, with T-Bills providing the profit earned from the discounted purchase price, while G-Secs and SDLs return the principal along with any remaining interest payments that may be due. The payments are typically made directly to the client's registered bank account, and CDSL also sends an SMS notification to the registered mobile number upon maturity. Additionally, the securities will be debited from the client's demat account as part of the maturity process, ensuring a straightforward and transparent transaction.