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REGISTERED No. D. 221

The Gazette of India

EXTRAORDINARY

PART II—Section 3—Sub-section {1)

PUBLISHED BY AUTHORITY

No. 319] NEW DELHI, THURSDAY, SEPTEMBER 6, 1973 BRADRA 15,1899

Separate paging is given to this Part in order that it may be filed as a separate compilation.

MINISTRY OF FINANCE

(Department of Ecomomic Affairs)

NOTIFICATION

New Delhi, the 6th September 1973

G.S.R. 421(E).—In exercise of the powers conferred by section 12 of the Government Savings Certificates Act, 1959 (46 of 1959), the Central Government hereby makes the following rules, namely:—

1. Short title, commencement and application.— (1) These rules may be called the National Savings Certificates (V Issue) Rules, 1973.

(2)" They shall come into force on the 1st December, 1973.

(3) They shall apply to National Savings Certificates (V Issue).

2. Definitions.—In. these rules, unless the context otherwise requires,—

(1) "Act" means the Government Savings Certificates Act, 1969 (46 at 1969);

(ii) "Certificates" means National Savings Certificate (V Issue); (iii) "Form" means a Form appended to these rules; (iv) "Government company" means a company as defined in section 617 of the Companies Act, 1956 (1 of 1956);

(v) "identity slip" means an identity slip issued to a holder of a certificate under rule 11;

(1307 )

(vi) "old certificate" means a certificate issued under the Post Office Saving Certificates Rules, 1960 or the National Savings Certificates (First Issue) Rules 1965;

(vii) "post office" means any post office in India doing Savings Bank work,

3. Denominations In which certificates shall be Issued.—National Savings Certificates (V Issue) shall be issued in denomination of Rs. 10, Rs. 50 and Rs. 100.

4. Types of Certificates and Issue thereof.—(1) The certificate shall be of the following types, namely:-—

(a) Single Holder Type Certificates; (b) Joint 'A' Type Certificates; and (c) Joint 'B' Type Certificates.

(2) (a) Single Holder Type Certificates may be issued to an adult for himself or on behalf of a minor or to a minor.

(b) Joint 'A' Type Certificates may be issued to two adults payable to both holders Jointly or to the survivor;

(c) Joint 'B' Type Certificates may be issued jointly to two adultg payable to either of the holders or the survivor.

5. Purchase of Certificates.—Certificates may be purchased for any amount.

6. Procedure for Purchase of Certificates.—Any person desiring to purchase a certificate shall present on or after the 1st October, 1973 an application in Form I (obtainable free at all post offices) either in person or through his messenger or an authorised agent of the Small Savings Scheme.

7. Legal Tender.—Payment for the purchase of a certificate may be made k> a post office in any of the following modes, namely:—

(i) Cash; (ii) a cheque, pay order or demand draft;

(iii) duly signed withdrawal form together with the pass book for witk- drawal from the post office savings bank account;

(iv) surrender of a matured old certificate duly discharged as follows "Received payment through issue of fresh certificates vide application attached".

8. Issue of Certificates.—(1) On payment bein^ made under rule 7, a certiflcat shall normally be issued immediately and except as otherwise provided in these rules, the date of such certificate shall be the date of its issue:

Provided that when payment is made by means of a cheque, pay order or demand draft, a certificate shall not be issued before the proceeds of the cheque, pay order, or demand draft are realised.

(2) If for any reason a certificate cannot be issued immediately, a provisional receipt shall be given to the purchaser which may later be exchanged for a certi- ficate and in such a case the date of certificate shall be the date of the provisional receipt.

9. Certificate In lieu of Prelects of Old Certificate,—A holder of an old certi- ficate entitled to encash that certificate may make an application in Form 1 for the grant of a certificate under these rules; on receipt of such an application there shall be Issued to the applicant a certificate under these rules, the date of Issue being the date on which the old certificate matured.

10. Irregular Holdings.—YD Any certificate purchased or acquired in contra- vention of these rules shall be encashed by the holder as soon as the fact of the holding being in contravention of'these rules. is discovered and no interest shall •beipaid on any holding in contravention of these rules.

(2) If any interest has been paid on any holding which is in 'contravention of these rules, it shall be forthwith refunded to the Government failing which the Government shall be entitled to recover the amount involved from any money payable by the Government to the Investor or as an arrear of land revenue.

11. Identity slip.—(1) If a request for issue of an identity slip ia made at an time by an individual adult holder of a. certificate including a holder on behalf of a minor or by joint holders to the Post Master of the post office where the certiT flcate stands registered, an identity slip shall be issued to such holder or holders on his or their signing the identity.slip.

(2) The identity slip shall be surrendered at the time of the final discharge of the certificate or in case of its loss, a declaration of such loss shall be furnished to the post office in the form laid down by the Director General, Posts and Tele- graphs.

12. Transfer from one Post Office to another,—(.1) A certificate may be trans- ferred from Post Office at which It stands registered, to any other Post Office on the holder or holders making an application in the form laid down by the Director General, Posts and Telegraphs, at either of the two Post Offices.

(2) Every such application shall be signed by the holder or holders thereof;

Provided that In the case of a Joint Type Certificate the Application may be signed by one of the holders If the other is dead.

13. Transfer of Certificate from one Person to another.—(1) A certificate may be transferred with the previous consent in writing of an officer of the Post office as specified below (hereinafter referred to in these rules as authorised Postmaster).

Casea in which transfer can be sanctioned Designation of the officer com- petent to grant permission for transfer

fi) From the name of a deceased holder to his heir (h) From a holder to a court of laWj or to any other persor

under the orders of a court of law.

"1 .1

(Hi) From a single holder to the names of two joint holders

of whom the transferor shall be one 1 Head Postmaster or Sub-Post- f master of the Post Office where 1 the certificate stands registered (iv) From joint holders to the name of one of the joint

holders

All other cases.

(b)

Head Postmaster.

(2) An authorised Postmaster shall give his consent to the transfer of a certi- ficate only if the following conditions are satisfied, namely:—

(a) The transfer of the certificate is effected after the expiry of one year from the date of Issue or where the transfer is effected before that period, the transfer falls under any of the following categories, namely:—

(i) transfer to a near relative out/of natural love and affection;

Explanation.—'Near relative' means a husband, wife, lineal ascendant or

descendent, Brother, or sister.

(ii) transfer in the name of the heir of the deceased holder; (ill) transfer from a holder to a court of law or to any other person under

the orders of a court of law; (iv) transfer in accordance with rule 15, and (v) transfer in the name of the survivor In the event of the death of ona

of the joint holders,

(b) An application for the transfer is made in the form laid down by the Director General, Posts and Telegraphs. Every such, application shall be signed by the holder or holders thereof;

Provided that In the case of a Joint Type Certificate the application may be signed by one of the holders if the other ia dead.

(3) Without prejudice to the provisions of Bub-rule (2), an authorised Post-/ master shall give his consent to the transfer of a certificate held on behalf of a mlnpr only, if at the time of the proposed transfer, a parent or the guardian referred to in sub-clause (n or as the case may be, sub-clause (ii) of clause (b) of section 6 of the Act, certifies, in writing, that the minor is alive and that tuch transfer is in his interest.

(4) In every case of transfer, other than a transfer under rule 15 the original certificate shall be duly discharged and the new certificate bearing the same date as that of the original certificate surrendered shall be issued in the name of the transferee.

14. Transfer from Single Holding to Joint Holding and vice versa.—Subject to the provisions contained in sub-rule (1) of rule 13, on an application to this effect being made: —

(a) a certificate In the name of a "ingle holder may b* tranferred to the

joint names of the holder and any other person;

(b) a certificate In the names of joint holders may b& transferred to the

name of one of the joint holders.

IB. Pledging of Certificate.—(1) On an application being made in the form laid down by the Director General, Posts and Telegraphs by the transferor and the transferee, Postmaster of the office of registration may at any time permit the transfer of any certificate as security to—

(a) the President of India or Governor of a State In his official capacity; (b) the Reserve Bank of India or a scheduled bank, or a Co-operative

Society including a co-operative bank; (c) a corporation or a Government company; an

Provided that the transfer of a certificate purchased on behalf o.f a minor shall not be permitted under this sub-rule unless the purchaser of the certificate certi- fies that the minor is alive and the transfer is for the benefit of the minor.

(2) When any certificate is transferred as security under sub-rule (1) the Postmaster of the office of regiftration shall make the following endorsement on the certificate, namely:—.

"Transferred as necurity.

(3) Except as otherwise provided In these rules, the transferee of a certificate under this rule shall, until it la re-transferred under sub-rule (4), be deemed to be the holder of the certificate.

'

. Q A certificate transferred under sub-rule (2) may, on the written authority of the pledgee, be re-transferred with the previous sanction in writing of the authorised Postmaster and when any such re-tranfer is made, the Postmaster of the onte^of registration shall make the following endorsement on the certificate.

"Re-transferred to , "

NOTE l.~A gazetted officer of the Government accepting the certificates as security under sub-rule (1) or releasing the pledge under sub-rule (4) on behalf ° Lt be P"E d e nt °r t n" Governor of a State shall certify that he is duly authorised under article 299 of the Constitution vide Notification No. dated by the Government of India in the Ministry of /State Government

" ' i ^ / G ^ r T ^ . . ^ / ? s i^ °r d⁶edS °n behaU °f *• PreSldent

NOTE 2—An officer of the Reserve Bank of India or a scheduled bank or a cooperative society Including a cooperative bank, a corporation or a Government company or a local authority, as the case may be accepting the certificate as •ecunty under sub-rue (1) or releasing the pledge u n d e f s u i r ^ le (T) on behalf S f f i £e" K? VC^llfSt tUtl°n' ^ C/r t i fy under h ls d a t ed signature and seal rf

(5) Where as a result of several endorsements made under sub-rules (2) and (4) on a certificate, no space is left for making further endorsement* of a like character on that certificate, a fresh certificate may be issued by the Postmaster of the office of registration in lieu of such certificate.

(6) A fresh certificate issued under sub-rule (5) shall be treated ai equivalent to the certificate in lieu of which it haa been issued for all the purposes of theeo rules.

16. Replacement of lost or destroyed certificate.—(l) If a certificate Is lost, stolen, destroyed, mutilated or defaced, the person or persona entitled thereto may apply for the issue of a duplicate certificate to the post office, where th© certificate is registered or at any 'other post office in whiqh case the application will be forwarded to the post office of registration.

(2) Every such application shall be accompanied by:—

(a) a statement showing particulars, such as, number, amount and date of the certificate and the circumstances attending such loss, theft, des- truction, mutilation or defacement;

(b) an Identity slip, if any.

(3) If the officer in charge of the post office of registration is satisfied of the loss, theft, destruction, mutilation or defacement of the certificate, he shall issue a duplicate certificate in the form laid down by the Director General, Posts and Telegraphs on the applicant's furnishing an indemnity bond in the form laid down by the Director General, Posts and Telegraphs with one or more approved sureties or with a bank's guarantee:

Provided that where the face value or the aggregate face value of the certifi- cate or certificates lost, stolen, destroyed, mutilated or defaced is Re. 500 or less, a duplicate certificate or certificates may be issued on the applicant furnishing an Indemnity bond without any such surety or guarantee:

Provided further that where such application is made with respect to a certU flcate mutilated or defaced, of whatever face value, a duplicate certificate may b" issued without any such indemnity bond surety or guarantee, it the certificate mutilated or defaced and the Identity slip, if any, are surrendered and the certi- ficate Is capable of being identified as the one originally Issued.

(4) A duplicate certificate Issued under sub-rule (3) shall be treated *" equi- valent to the original certificate for all the purposes of these rules except that it shall not be encashable at a PoEt Office other than the Post Office at which such certificate is registered without previous verification.

17. Nomination.—(!) The holder of a Single Type Certificate referred to In; clause (a) of sub-rule (2) of rule 4 may nominate any person who, in the event of his death, shall become entitled to the certificate and to the payment of the amount due thereon, by filling in necessary particulars In Form 1 at the time of purchasing the certificate. If such a holder does not fill the necessary particulars regarding nomination In Form 1 at the time of purchasing the certificate, he may at any time after the purchase of the certificate but before the maturity thereof, make an application in Form 2 to the Posmaster of the office at which the certi- ficate stands registered, nominating any person who in the event of his death shall become entitled to the certificate and to the payment of the amount due thereon:

Provided that the holder shall not be entitled to nominate more than one person.

(2) No nomination shall be made in respect of a certificate applied for and held by or on behalf of a minor.

(3) A nomination made by the holder of a certificate under this rule may be cancelled or varied by submitting an application in Form 3 affixing postage stamps of the value specified in sub-rule C3) of rule 2B together with the certificate to the Postmaster of the post office at which the certificate stands registered.

NOT*.—Separate application shall be made in respect of certificates regis- tered at different times.

(4) The nomination or the cancellation of a nomination or the variation of a nomination shall be effective from the date it is registered in the post office which date shall be noted on the certificate.

"!nJln",Wr?lf"to1?~(V E/c e pt ,.as pT⁰ V i d ed in sub-rule (2) a National Savings Certificate (V Issue) of any denomination may be encashed at any time after the expiry of 3 years from the date of Issue.

(2) A certificate may be encashed before its period of non-encashabllltj under any of the following circumstances, namely: —

(a) on the death of the holder or both the holders in the ease of a joint

holding;

(b) on forfeiture by a pledgee being a Gazetted Government officer, where

the pledge is In conflrmity with the provisions of these rules;

(c) when the certificate hag been Issued in contravention o£ these rules'

and

(d) where ordered by a court of law.

19. Place of encashment.—A certificate shall be encashable at the t>ost office at which it stands registered:

Provided that a certificate may be encashed at any other post office if the offlcer-Jn-charge of that post office is satisfied on production of identity slip or on verification from the office of its registration that the person presenting the certificate for encashment is entitled thereto.

20. IMsoharge of Certificates.—(1) The person entitled to receive the amount due under a certificate shall, on its encashment, sign on the back thereof in token of having received the payment,

(2) In the case of a certificate purchased on behalf of a minor who has since attained majority, the certificate shall be signed by that person himself, but his signature shall be attested either by the person who purchased It on his behalf or by any other person who is known to the Postmaster.

(3) A certificate of discharge may be issued by the post office to any person encashing a certificate on payment of the fee specified in clause (Hi) of sub-rule C) of rule 28.

21. Encashment of Minor's Certificate.—(1) A person encashment a certificate on behalf of a minor shall furnish a certificate that the minor is alive and that the money is required on behalf of the minor.

- (2) When the nominee is a minor, the person appointed under sub-section (3) of section 6 of the Act while encashing the certificate, shall furnish a certificate that the minor is alive and that the money is required on behalf of the minor.

22. Payment to Heirs.—(1) For the purposes of sub-section (4) of section 7 of the Act the authorities named below shall be competent to sanction claims upto the Umit noted against each on the death of the holder of the certificate, without producion of. the probate of his will or letter^ of administration of his estate or succession certffleate granted under the Indian Succession Act, 1925 (39 of 1925): —

Time Scale Departmental Sub-Postmasters — Rfl. ioo/-

Sub-Postmasters In Lower Selection Grade — Rs. 250/-

Non-Gazctted H. P. Ms. and S. P. Ms. in higher selection grade — Rs. 500.'-

Gazetted P. Ms. and Superintendent of Post Offices Sr. Superintendent

of Post Offices — Rs. 3000/- Heads of Postal Circles (Assistant Directors/A.P.M.G's) — Rs. 5000/-"

(2) A declaration shall be furnished by the claimant that to the befit of his knowledge, there exist no other certificates in the name of the deceased other than those for which payment is sought and that if subsequently any more such certificates be found in excess of the value of Rs. 5,000 legal evidence of heirshtp as required by the post office will be produced.

23. Encashment of Certificate held by Army anfl Air Force Personnel.—-Where da the depth of desertion of any person holding a certificate and subject to the Army Act, 1950 (40 of 1950), or the Air Force Act, 1950 (45 of 1950), the Com- manding Officer! of the Corps department, detachment or unit to which the deceased or deserter belonged, or the Committee of Adjustment as the case may be. sends under section 3 read with section 4 of the Army and Air Force (Disposal of Private Property) Act, 1950 (40 of ]950), a requisition to the offlcer-in-charge of the post office where the certificate stands registered, to pay to him or it, the amount due under the certificate, the officer of the post office shall be bound to comply with such requisition,

24. Right of Nominees.—(1) In the event of the death of the holder of a certi- ficate, in respect of which a nomination Is in force, the nominee or nominees shall be entitled at any time before or after the maturity of the certificate to:

(a) encash the certificate; or

(b) su^-divide (the certificate In appropriate denominations in favour ot

individual nominees or two adult nominees Jointly.

(2) For the purpose of sub-rule (1), the surviving nominee or nominees shall make an application to the postmaster of the office of registration, supported by proof of death of the holder and of a deceased nominee If any.

(3) If there art more nominees than one, all the nominees shall give a joint discharge of the certificate at the time of receiving payment or sub-division.

NOTE.—When there is a nomination in favour of a single nominee or two adult nominees the post office of registration may, on an application made in that behalf, issue a fresh certificate in the name of such nominee or nominees jointly as the case may Vie.

25. Conversion from one Denomination to Another.—(1) Certificates of lower denomination may be exchanged for a certificate or certificates of higher denomi- nation of the same face value or a certificate of higher denomination may be ex- changed for certificates of lower denomination of the same face value.

(2) The date of issue of the exchanged certificate shall be the same as that of the original certificate surrendered and not the date on which it is exchanged. 28 Amoumt payable on discharge of certificate.—(1) The amount (including Interest) payable on certificates of different denominations after each completed year of retention shall be as in the following table, namely: —

TABLE

Surrender Value of National Savings Certificates (V Issue)

Amoi ant (includin g interest) pt tyable after r

:ar

omplete y< Face value

Years

' 6

3

4

5

7

R B.

R " ,. 10

R s. 50 . ..

12.20 16.00 122.20

Rs. 11.20 61.00 122.00

Rs. 14,20 71.00 142.00

Rs. ioo

RB. 14.20 71.90 142,00

Rs. 16.60 83,00 166.00

(2) T he surrender value of 7 Year National Savings Certificates (V Issue) encashed under rule 18(2) shall be as shown in the following Table, namely:—

TABLE

Surrender value of 7-Year National Savings Certificates (V Issue) under iule- 18(2)

Rs.

Rs. 10.00

Rs. 50.00 100.00 Face value . . . . . . . .. Surrender value after the expiry of one year but before expiry

of 2 years from the date of issue

10.60 52.85 105-75 Surrender value after expiry of 2 years but before expiry of 3

years from date of issue . . . . ..

11.25 56.30 112,60

27. Incrtme-tax— Interest on these certificates will be liable to tax under thfe Income-tax Act, 1961 (43 of 1961), but no tax will be deducted at the time of pay- ment of the discharge value of the certificate.

following transactions, namely:—

28. Fee".~(l) A fee of twenty .five paise shall be chargeable* in respect of the _y- (i) transfer of a certificate from one person to another (other than a transfer under rule 14. or transfer from the name of a deceased holder tonifl heir or from a holder to court of law or to any other person under the orders of a court of law, or transfer made under rule 15 or trans- fer referred to in sub-clause (v) of clause (a) of sub-rule (2) of rule 13;

(ii) issue of a duplicate certificate under rule 16; (iii) issue of a certificate of discharge under rule 20; (iv) conversion from one denomination to another under rule 25.

(2) A fee of fifty paise shall be chargeable on every application for registra- tion of nomination, or of any variation in nomination or cancellation thereof;

Provided that no fee shall be charRed on an application for registration of the first nomination.

29. Responsibility otf the Post Office.—The post office shall not be responsible for any loss caused to a holder by any person obtaining possession of a certificate and fraudulently encashing It.

30. Rectification of Mistake.—The Director General, Posts and Telegraphs, or the Postmaster General or Heads of Postal Divisions in their respective jurisdic- tions, may, either suo motu or upon an application by any person interested la any certificate issued in pursuance of these rules, rectify any clerical or arithmeti- cal mistakes with respect to that certificate, provided that does not involve any financial loss to the Government or to any such person.

FORM I (See rule 6) Form of Application for the purchase of National Savings Certificates (V Issue) (1) I/We hereby apply for the purchase of National Savings Certificates (V Issue) detailed In the statement below and tender the amount shown in column 1 of the , statement.

Amount

Total Form of tender

facer value

No. of certifi- cate

Denomi- nation of certifi-

required

cates r applied

for

•Type of joint certifi- cates required CA¹ or •B'type) i

Rs.

Rs.

R".

i

2

3

4

5

Cash Cheque, demand draft or an

cm

10

(in)

50

(IV)

IOO

approved local Bank's Pay Order or Pay slip 1" No. dated . . ' . .' on • bank ^ Application for withdrawal from P.O. Savings Bank Matured Certificates for re- investment

Total face value

*To be filled in only in case of joint holding. (a) **In my/our name (s)

;

(In block capitals) with aliaset, if any.

**For Single or joint holder. (i) +On behalf of minor

(Block Capitals)

f For purchase on behalf of minor.

Date of birth of minor

& to be made encashable by the minor's—

(0 Father, (ti) Mother, (tit) Either parent, ("V Legal Guardian-

& (Cross out the alternative not requited or all the items, if it is not desired to make aji authorisation).

[Cross out (a) or (A) whichever is not required].

(2) I/We hereby agree to abide by the National Savings Certificates (V Iisue) Rules, 1973.

(3) *#*I/We do/do not require identity slip. [In case of an Investment through an authorised agent or a messenger, specimen signatured) and marks of identification should be given below paragraph (5)1.

***Cross out whichever is not applicable.

NOTE.—No identity slip shall be issued to a person other than the one authorised irtde paragraph (l)(b) above In rase of purchase on behalf of a minor.

Signature (not thumb impression) Signature or thumb impression of the person(s) authorised, if (If Illiterate) of investor, any, per paragraph (l)(b) above. Date

Date

Addreuu

Address

NOTE.—In case of an illiterate applicant, the father's name may be given.

(4) The certiflcate(s) and the identity slip may be made over to my/our agent Shri/Smt Authority No or messenger who presents this application. (Cross out words not applicable).

*

Signature or thumb impression (if illiterate) of investor. Date

*To be signed or thumb impression affixed only when the investor does not take delivery, of certificates personally.

(5) Received the Certificates detailed above (a) and identity slip. @ Crow out, If the Identity slip is not to be issued.

Signature or thumb Impression of purchaser or his agent/messenger. (In case of authorised agent his _ _ _ _ _ _ _ _ __ Authority No. should be given).

Marks of Identification.

Specimen signature.

(6) ++Under provisions ol section 8(1) of the Government Savings Certi- ficates Act, 1959, I the holder of Savings Certi- ficate^) mentioned in this application hereby nominate the person(o) mentioned below who shall, on my death become entitled to the Savings Certlflcate(s) and the amount due thereon to the exclusion of all other person (s): —

Namo of the Nominee(s) Full address Date of birth of

nominee in case Serial No.

minor.

Shrt/Smt./Kumari

As the nomlnee(s) at serial No, (s) above is/are mlnor(s), I appoint (name and full address) as the -I-+Applicable In the case of Single Holder Type Certificates only; to be crossed out to other cases,

person to recover the amount due thereon in the event of my death during tljp minority of the nominee(s).

Signature and full address of witness

Signature or thumb Impression

(If Illiterate) of holder.

To be completed by the Post Office

Remarks Date of Payment of interest Date of

Issue Price

like Tra 1 nsfer < Serial. No. of Certi-

en-cash- ment and initials

Rs.

ficates issued.

of Post master.

issue of Dupli- cates etc. and initials

of Post master

Total number of National Savings Certificates (V Issue)

Date 19 • Signature of Postmaster.

FORM 2

[See rule 17(1)]

INDIAN POSTS AND TELEGRAPHS DEPARTMENT

Serial No.-

Form of avocation for nomination under section 6 • of the Government Savings

Certificates Act, 1959.

(This Form will be filled in by the holder and submitted with the certificates to the Postmaster of the office where the certificates stand registered).

To

The Postmaster,

Under provisions of section 6(1) of the Government Savings Certificates Act, the holder of Savings Certiflcate/s detailed on the 1959, i reverse hereby nominate the person/s mentioned below, who shall, on my death, become entitled to the Savings Certlflcate/s and to be Paid the sum due thereon to the exclusion of all other persons. I hereby declare that I have not so far made any nomination in respect of these certificates. The certificates are enclosed.

Name of the nominee Full address Date of birth of

nominee in case of Serial No.

minor

Shrl/Smt./Kumari

As the nominee/s at serial above is/are minor/s, I appoint (name and full address) as the person

v

to recover the sum due thereon In, the event of my death during the minority ol the nnmtnpe/m

Denomination Date of issue Office of

issue S. NOB. of Certificates

Yours faithfully,

Address:

(In case of illiterate holder, father's name should be given).

Witness :

Signature (thumb

Name! \/T-, Address¹ /*• ;

impression of llHtratt.) of holder.

Name \M Address fw

N.B.—In the case of illiterate holders, the witnesses shall be persons whose signatures are known to the Post Office.

Order of the Postmaster accepting the nomination.

Signature of Head/Sub-Postmaster.

FORM 3

I See rule 17(3)1

INDIAN POSTS AND TELEGRAPHS DEPARTMENT

Serial No.

Form of application for cancellation or variation of nomination previously made in respect of Savings Certificates imder section 6 of the Government Savings Certi- ficates Act, 1959.

(This form will be filled in by the holder and submitted with the certificate to the Postmaster of the office where the certificate stands registered).

To

The Postmaster,

Under provisions of section 6(1) of the Government Savings Certificates Act, the holder of Savings Certificates detailed on the 1959, I reverse, hereby cancel the nomination previously made by me in respect of these certificates and registered in your office under No ,. dated

*In place of the cancelled nomination, I hereby nominate the person/s mentioned below who shall, on my death, become entitled to the Savings Certiflcate/g and to be paid the sum due thereon to the exclusion of all other persons.

AB the nominee/s at serial above 1B/are minor/s. i appoint Sbri/Smt./Kumarl (name and full address) as the person to recover the sum due thereon h-' the event of my death during the minority of the nominee/s.

The certificates are enclosed.

Office of issue SI. Nos. of certificates Denomination Date of ESissue

Address:

Your* faithfully,

(In case of illiterate holder, Signature (thumb impression father's name should be gtyen).

if Illiterate) of holder.

Witness:

Name \ , * Address / a)

Name \ ,. Address / w

iZV.B.—In the case of Illiterate holders, the witnesses shall be persons whose signatures are known to the Post Office.

Orders of the Postmaster accepting the

nomination:

Signature of Head/Sub-Postmaster.

I

~~

[No. F. 3(5)-NS/72.]

B. MAITHHEYAN, Jt Secy.

1324 "11*6 GAi&ltE O£ IlsrbtA fekTRAOfciMNAltY I^AKT rf-

PRINTED BY THE MANAGER, GOVERNMENT OP INDIA PRESS, MINTO ROAD, NEW

DKLHI AND PUBLISHED BY THE CONTROLLER OF PUBLICATIONS, DELHI, 1 9 73