Guwahati: The Assam government has announced that the outstanding balance of the 6.21 per cent Assam State Development Loan (SDL) 2026 will be repaid at par on February 17, 2026, along with interest payable up to and including February 16, 2026.
In a press communiqué issued by the Finance (Budget) Department on January 20, the government said the loan was originally issued under a notification dated February 11, 2021.
No interest will accrue on the security from February 17, 2026 onwards.
In case the repayment date is declared a holiday under the Negotiable Instruments Act, 1881, repayment will be made on the preceding working day.
The repayment of maturity proceeds will be made to registered holders of the government security held in Subsidiary General Ledger, Constituent Subsidiary General Ledger accounts or in the form of stock certificates.
Payments will be effected either through pay orders or by credit to the holders’ bank accounts through electronic means, in accordance with the Government Securities Regulations, 2007.
The government has advised holders to ensure that their bank account details or electronic payment mandates are duly submitted to the concerned bank, treasury, sub-treasury or State Bank of India branch where the securities are registered for interest payment.
In the absence of such details, holders have been asked to tender their securities at the Public Debt Office at least 20 days in advance of the maturity date, duly discharged on the reverse.
It has also been clarified that in places where treasury work is conducted by branches of the State Bank of India, stock certificates must be tendered at the respective bank branches and not at treasuries or sub-treasuries.
Holders seeking payment at locations other than where the securities are registered have been instructed to send the discharged securities to the concerned Public Debt Office by registered and insured post.
The Finance Department has forwarded copies of the press communiqué to the Reserve Bank of India and other concerned authorities, requesting necessary steps for repayment and issuance of instructions to banks and treasuries across the state.
