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Thursday, December 1, 2011

Introduction of 10 years National Savings Certificates (IX Issue) wef 01.12.2011.

SB Order No: 30/ 2011
F. No. 113-01/ 2011-SB
Government of India
Ministry of Communications & IT
Department of Posts

Dak Bhavan, Sansad Marg
New Delhi - 110001, Dated: 30.11.2011.

All Heads of Circles/ regions

Subject: Introduction of new scheme called "10 years National Savings Certificates (IX Issue)" wef 01.12.2011.

Sir/ Madam,
The undersigned is directed to enclose a copy of Min. of Finance (DEA) Notification issue vide File No. 1-13/ 2011 - NS-II dated 29.11.2011 on the subject.

2. While accepting investment under this scheme, Form-1 already in use for NSC (VIII-Issue) may be used by suitable modification in manuscript as per format given in the rules till new forms are printed. All required KYC norms should be followed as prescribed from time to time for other schemes. All records of this scheme shall be kept in manual mode till the software is amended.

3. It is requested to circulate these instructions to all post offices for information and necessary guidance. Till new certificates are printed and supplied, all Departmental Post Offices shall issue a Preliminary Receipt in the prescribed Form NC4(a) and follow the procedure laid down in Rule 13 of POSB Manual Vol-II.

4. This issues with the approval of Member (Operations)/ (Technology)

Yours faithfully,

Kawal Jit Sigh
Assistant Director (SB)

1 comment:

  1. 10 years of national saving is can be very beneficial and Govt. must encourage people.

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