The National Securities Depository Limited (NSDL) on March 30, 2026, notified regarding the Introduction of the One-Time Interest Waiver Scheme for Settlement of Outstanding Dues.
The following has been stated:
• It has introduced a One-Time Interest Waiver Scheme under the Depositories Act, 1996, to help clients and participants settle outstanding dues. The scheme is available from April 1 to June 30, 2026, and allows 100% waiver of interest on dues pertaining to periods before January 31, 2026, provided the entire principal amount is paid in full in a single payment within the scheme period; no waiver is allowed on principal.
• Partial or installment payments are not eligible, and participants shall continue to clear all current and future dues on time. Cases under legal proceedings may be considered individually at NSDL’s discretion.
• The scheme is strictly one-time, non-precedential, and time-bound, with NSDL reserving the right to modify or withdraw it, and its decisions will be final and binding.
[Notification no. - NSDL/CIR/II/17/2026]
