How will interest get paid for G-secs?
The interest payment is credited semi-annually to the primary bank account linked with Zerodha. There is no Tax-deducted-at-source (TDS) for the interest payments received for G-secs. Clients must hold the G-secs 15 days before the interest date to be eligible to receive interest. If the interest is not credited to the primary bank after this period, create a ticket below. To check the primary bank account linked with Zerodha, see What is a primary bank account with regards to my Zerodha account?
Did you know? There is no interest on T-bills. To know more, see How to calculate returns on government securities?
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