Form Of Application For Purchase Of National Savings Certificates (Vii Issue)

Form Of Application For Purchase Of National Savings Certificates (Vii Issue) Procedure for purchase of certificates:-Any person specified in rule 4, desiring to purchase a certificate, shall present at a post office an application in Form 1, either in person or through an authorised agent of the small savings schemes.

Transfer from one post office to another
Transfer from one post office to another: A certificate may be transferred from a post office at which it stands registered, to any other post office on the holder or holders making an application in the prescribed form, at either of the two post offices. Every such application shall be signed by the holder or holders of the certificate: Provided that in the case of a joint 'A' type certificate or a joint 'B' type certificate, the application may be signed by one of the joint holders if the other is dead.

Discharge of certificate:  The person entitled to receive the amount due underacertificate shall, on its encashment, sign on the back thereof in token of having received the payment.

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