How Long Does It Take to Receive Allotment for SDLs, T-Bills, and G-Secs?

Investing in government securities through RMoney is a secure and predictable process, but one of the most common questions investors ask is:

“When will my securities get allotted and show in my demat account?”

Here’s a clear and simple breakdown of how the allotment timeline works for State Development Loans (SDLs), Treasury Bills (T-Bills), and Government Securities (G-Secs).

Understanding the Allotment Cycle

Government securities are issued through weekly auctions conducted by the Reserve Bank of India (RBI).
Once the auction takes place, the securities are settled and credited to investors within a fixed regulatory timeline.

Standard Allotment Timeline: T+2 Settlement

After the auction day, allotment is completed on T+2 working days (excluding weekends and RBI holidays).

This means:

• T = Auction Date
• Allotment = Two working days after T

Allotment Timeline by Security Type

So if you place your bid for a G-Sec issued on Friday, you can generally expect allotment by Tuesday, as long as there are no holidays in between.

What Happens After You Receive the Allotment?

Once your bid is successfully allotted:

• RMoney sends you a contract note to your registered email ID.
• The allotted security will appear in your demat account on the settlement day.
• You can monitor upcoming or past issue details and settlement calendars on the official NSE website.

Important Note on Allotment Availability

Government securities are issued in fixed quantities.
If total bids received exceed the available amount, allotment happens on a pro-rata basis or may not be allotted at all.

If you do not receive allotment:

• Your blocked funds are released.
• You can participate again in the next auction.
  RBI typically conducts multiple issues every month, so you get frequent opportunities.

Need Help?

Call: 0562-4266600 / 0562-7188900
Email: askus@rmoneyindia.com