What happens when T-bills mature?

When T-bills mature, the following steps occur automatically to ensure the investor receives the full face value of their T-bills:

Automatic Redemption from Demat Account

Upon maturity, the T-bills are debited from your Share India Demat account. This process is handled by the Central Depository Services Limited (CDSL), which manages the dematerialised securities.

Face Value Credited to Your Bank Account

The face value of the T-bills, which is the amount you invested in the bills, will be credited to your bank account linked to your Share India Demat account.

SMS Notification from CDSL

To keep you informed, CDSL will send an SMS notification to the registered mobile number on your account when the T-bill matures. This will confirm the successful redemption and provide details regarding the amount credited to your bank account.

If you’re looking to invest in T-bills through Share India, you can check out the form here.