Maturity Date is the contractual date on which a facility or instrument reaches the end of its approved tenure. In MSME lending, it may apply to term loans, guarantees, letters of credit, deposits, temporary limits, or other financial instruments. For example, a term loan maturity date indicates when the final instalment is due, while a bank guarantee maturity date shows when the bank’s obligation normally expires. This date matters for repayment planning, renewal, exposure monitoring, and documentation controls. Missing maturity dates can lead to expired limits, unrenewed guarantees, or incorrect ageing. The common caution is to distinguish maturity date from sanction date, disbursement date, limit expiry, claim expiry, and review due date.