NATIONAL SAVINGS CERTIFICATES (VIII ISSUE) RULES, 1989

INDEX

No.    Description

 

1.       Short title and commencement

2.       Definitions

3.       Denominations in which certificates shall be issued

4.       Types of certificates and issue thereof

5.       Purchase of certificates

6.       Procedure for purchase of certificates

7.       Legal tender

8.       Issue of certificates

9.       Certificate in lieu of proceeds of old certificate

10.     Transfer from one post office to another

11.     Transfer of certificate from one person to another

12.     Pledging of certificate

13.     Replacement of lost or destroyed certificate

14.     Nomination

15.     Encashment on maturity

15A.   Post-maturity interest

16.     Premature encashment

17.     Place of encashment

18.     Discharge of certificate

19.     Encashment of minor's certificate

20.     Payment to heirs

21.     Encashment of certificates held by army, air force and navy personnel

22.     Rights of nominees

23.     Conversion from one denomination to another

24.     Income-tax

25.     Fees

26.     Responsibility of the post office

27.     Rectification of mistakes

28.     Power to relax