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Why did I receive an SMS from CDSL informing debit of T-bills when I didn't place a sell order?

When your T-bill matures, the units are automatically debited from your demat account, and the maturity amount is transferred to your primary bank account linked with Zerodha. CDSL sends a message whenever shares, mutual funds, or G-sec holdings are debited from your demat account.

SMS format

The SMS will read: CDSL: DEBITED IN A/C *xxxxxxxx 100 TREASURE BILL OF GOVERNMENT OF INDIA TOWARDS REDEMPTION ON 18/01/2019. CONTACT YOUR DP FOR MORE INFORMATION.

You can view this transaction on your holdings statement.


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