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Thursday, December 1, 2011

Introduction of 10 year National Savings Certificates (IX Issue) w.e.f 01/12/2011

Dear Comrades,
Postal Directorate introduced a new scheme called 10 year NAtional Savings certificates (IX Issue) w.e.f. 01/12/2011 vide SB order No.30/2011 (F.No.113-01/2011-SB) dated 30/11/2011. It is instructed that while accepting investment under this scheme, Form-I 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 records of this scheme shall be kept in manual mode till the software is amended. Till new cerificates are printed and supplied, all departmental Post Offices shall issue a Preliminary Receipt in the prescribed Form NC-4(a) and follow the Procedure laid down in Rule 13 of POSB Manual Col-II.

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