Why did CDSL or NSDL deposit money to my bank account?

Depositories (CDSL) credit money to your bank account for various reasons:

Interest on Sovereign Gold Bond (SGB):
SGBs earn a fixed yearly interest rate of 2.50%. This interest is deposited twice annually into your bank account. You’ll receive an email notification from TradeJini regarding this.

Dividends:
If you own stocks that pay dividends, the depository credits the dividend amount directly to your linked bank account.

Corporate Actions (e.g., Bonus Issues or Stock Splits):
During events like bonus issues or stock splits, you may receive money in your bank account instead of fractional shares. This is known as partial entitlement, and you’ll be notified accordingly.

Interest from State Development Loans (SDL):
Depositories credit interest received from State Development Loans to your bank account.