The outstanding balance of 6.25% Government Stock 2018 is repayable at par on January 02, 2018. No interest will accrue there on from January 02, 2018. In the event of a holiday being declared on January 02, 2018 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 Security held in the form of Subsidiary General Ledger or Constituent Subsidiary General Ledger account or Stock Certificate shall be made by a 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.

Repayment of Government Stock at par; holders must provide bank mandate or tender securities before maturity for payment. Repayment of 6.25% Government Stock 2018 is payable at par on January 02, 2018 with no interest thereafter; if that date is a holiday under the Negotiable Instruments Act, repayment in the affected State will occur on the previous working day. Maturity proceeds to registered holders in Subsidiary General Ledger, Constituent Subsidiary General Ledger, or Stock Certificate form will be paid by pay order with bank account particulars or by electronic credit; holders must submit bank particulars in advance. Absent such particulars, holders may tender duly discharged securities at Public Debt Offices, Treasuries/Sub-Treasuries or designated State Bank of India branches 20 days before maturity.