The outstanding balance of ‘8.79% GS 2021’ is repayable at par on November 08, 2021. No interest will accrue thereon from the said date. In the event of a holiday being declared on November 08, 2021 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 (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 particulars or tender securities for payment processing. Repayment of the Government Stock is payable at par on the maturity date with no interest accruing thereafter; holiday in a State shifts repayment to the previous working day. Maturity proceeds will be paid by pay order with bank particulars or by credit through electronic means under the Government Securities Regulations, 2007. Holders must submit bank account particulars in advance, or, absent those particulars, tender duly discharged securities at designated paying offices twenty days before the due date to facilitate repayment.