Zerodha G-Sec Maturity

Maturity event for G-Secs

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On G-Sec maturity, the following events occur automatically:

  1. Final coupon is credited on the last interest-payment date (semi-annual schedule).
  2. Principal (face value) is credited to your bank account linked to Zerodha on the maturity date.
  3. Securities removed from your demat account.
  4. Console reflects closure: holding shows as Matured.

Timeline

  • T+0 (maturity date): Principal credited to bank; demat updated.
  • T+1 to T+2: Console reflects final P&L.
  • CDSL SMS confirms removal of the holding.

Tax at maturity

  • Coupon income: Taxed as “income from other sources” at slab rate, year-on-year.
  • Capital gain/loss on principal: If purchased at discount/premium, the difference is taxed as capital gain.

For details: G-Sec taxes on Zerodha .

See also

External references

References

  1. RBI, G-Sec settlement and maturity, rbi.org.in.
  2. Income Tax Act 1961, applicable sections for interest and capital gains.

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