The outstanding balance of 9.85% Government Stock, 2015, is repayable at par on October 16, 2015. No interest will accrue there on from the said dates. In the event of a holiday being declared on October 16, 2015 by any State Government under the Negotiable Instruments Act, 1881, the Loan/s will be repaid by the paying offices in that State on the previous working day.

 As per sub-regulations 24 (2) and 24(3) of Government Securities Regulations, 2007 payment of maturity proceeds to the registered holder of Government Securities held in the form of Subsidiary General Ledger or Constituent Subsidiary General Ledger account or Stock Certificate shall be made by pay order incorporating the relevant particulars of his bank account or by credit to the account of the holder in any bank having facility of receipt of funds through electronic means. For the purpose of making payment in respect of the securities, the original subscriber or the subsequent holders of such Government Securities, shall submit the relevant particulars of their bank account well in advance.

 However, in the absence of relevant particulars of bank account / mandate for receipt of funds through electronic means, to facilitate repayment of the Loan on the due date, holders may tender the securities, duly discharged, at the Public Debt Offices, Treasuries / Sub-Treasuries and branches of State Bank of India and its Associate Banks (at which they are enfaced / registered for payment of interest) 20 days in advance of the due date for repayment.

 Full details of the procedure for receiving the discharge value may be obtained from any of the aforesaid paying offices.

 Department of Economic Affairs, Ministry of Finance, Government of India

 North Block, New Delhi-110001

Repayment of Government Stock at par requires electronic credit or pay order and prior submission of bank particulars for holders. Repayment at par of the Government Stock is due on maturity, with no interest thereafter; if the maturity date is a holiday under the Negotiable Instruments Act repayment occurs on the previous working day. Maturity proceeds are payable to the registered holder by pay order with bank particulars or by credit to the holder's bank account through electronic means in accordance with Government Securities Regulations; holders must submit bank account particulars in advance. Absent those particulars, holders may tender duly discharged certificates at designated paying offices twenty days before the due date to obtain repayment.