P.O. S.B. Manual Vol. III - India Post

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11522. When Encashable:- (1) Except as provided in sub-rule (3), a 12-Year National DefenceCertificate of any denomination may be enca shed at any time after the expiry of the period of one yearfrom the date of issue.(2) Except as provided in sub-rule (3), a 7-year National Savings Certificate (II Issue) or a 7-year National Savings Certificate (III Issue), of any denomination, may be encashed at any time after theexpiry of the period of three years from the date of issue(3) A certificate referred to in sub-rule (1) or sub-rule (2), as the case may be, may be encashedbefore its period of non-encashability under any of the followin g circumstances namely:-(a) On the death of the holder or both holders in case of joint holding;(b) On forfeiture by a pledgee being Gazetted Government Officer wherethe pledge is in conformity with the provisions of these rules(c) when the holding is in excess of the limits prescribed under theserules or the old rules;(d) when a certificate has been issued in contravention of these rules;and(e)When ordered by a court of law.23. Place of encashment:- A certificate shall be encas hable at the post office at which it standsregistered; provided that a certificate may be encashed at any other post office if the Officer-in-charge ofthat post office is satisfied on production of identity slip or on verification from the post office of issuethat the person presenting the certificate for encashment is entitled thereto.24. Discharge of Certificates:- (1) The person entitled to receive the amount due under a certificateshall, 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, thecertificate shall be signed by that person himself, but his signature shall be attested either by the personwho purchased it on his behalf or by any person who is known to the Postmaster.(3) A certificate of discharge may be issued by the post office to any person encashing acertificate on payment of the fee, specified in sub-rule (1) of Rule 32.25. Encashment of minor’s certificate: - (1) A person encashing a certificate on behalf of aminor shall furnish a certificate that the minor is alive and that the money is required on behalf of theminor.(2) When the nominee is a minor, the person appointed under sub-section (3) of section 6 of theAct while encashing the certificate, shall furnish a certificate that the minor is alive and that the money isrequired on behalf of the minor.26. Omitted.27. Encashment of Certificates held by Army, Air Force and Navy Personnel:- Where on thedeath or desertion of any person holding a certificate and subject to the Army Act, 1950 (46 of 1950) orthe Air Force Act, 1950 (45 of 1950) or the Navy Act, 1957 (62 of 1957) the Commanding Officer of theCorps, department, detachment, unit or ship to which the deceased or deserter belonged, or theCommittee of Adjustment, as the case may be, sends, under section 3 or section 4 of the Army and AirForce (Disposal of Private Property) Act, 1950 (40 of 1950) in the case of a person belonging to theArmy or the Air Force, or under Section-171 or Section-172 of the Navy Act, 1957 (62 of 1957) in the
case of a person belonging to the Navy of the a requisition to the officer-in-charge of the Post Officewhere the certificate stand registered to pay him the amount due under the certificate; the Officer of thePost Office shall be bound to comply with such requisition even though there is in force at the time ofdeath or desertion of the account holder a nomination made in favour of any person.
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POST OFFICE SAVINGS BANK MANUALVOLU
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1CHAPTER-1THE GOVERNMENT SAVINGS BA
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emaining in his hand unadministered
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5CHAPTER-2THE GOVERNMENT SAVINGS CE
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minor, or where neither parent is a
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eing in force other than this Act o
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1. Short title and commencement:- (
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6. Withdrawal:- (1) Withdrawal from
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sub-rules (2) to (4).(2) (a) If a n
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16F O R M -1[See Rule 3, 12 (1) and
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17(SB-55)F O R M -2[See rule 12(1),
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18CHAPTER -5THE POST OFFICE SAVINGS
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(e) An authoritycontrolling aProvid
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3. PensionAccountA pensioner,being
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from the first day of the month in
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24C H A P T E R-6THE PO ST OFFICE R
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datesinclusive)From 1.5.1971 to 31.
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(2) Notwithstanding anything contai
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month of repayment irrespective of
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Five years 1207.40Note 1:- The amou
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32T A B L E -13[See Rule 10]Amount,
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Note:- The amount repayable on an a
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Note : - The amount shall be propor
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28 308.55 53 651.7029 320.65 54 666
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28 306.70 53 644.1029 318.65 54 658
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29 314.66 54 643.2330 326.41 55 657
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(a) A-type, that is to say,payable
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7. Interest:- (1) The deposit shall
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44T A B L E -G[For deposits made on
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(a) No deposit shall be withdrawn b
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12. Repeal and saving:- (1) The Pos
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(2) Where deposit is made by cheque
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51CHAPTER-9THE SENIOR CITIZENS SAVI
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(4) Nomination facility shall be av
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continue the account on the same te
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5512. Account opened in contraventi
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depositorpayable.1 2 3 4 5Photograp
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* Score out whichever is not applic
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3. I shall close the account immedi
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60FORM-D(See sub-rule (1) of rule 3
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61ReceivedRs…………………..
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Received a sum of Rs……………
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Signature / Thumb impression of the
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65ANNEXURE-II TO FORM - F(Affidavit
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67FORM - G(See rule 11)Serial No…
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69CHAPTER-10THE PUBLIC PROVIDENT FU
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satisfying itself that the amount o
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eceipt of application in Form G in
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Name of Accounts Public Provident F
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Subscriber/guardian
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77FORM -E[See sub-paragraph (1) of
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Page 114 and 115: @ To be produced by legal heirs, in
Page 116 and 117: 81ANNEXURE-II TO FORM - G(Affidavit
Page 118 and 119: 83FORM - H(See Sub-paragraph (3A) o
Page 120 and 121: 7. Procedure for purchase of certif
Page 122 and 123: (3) Notwithstanding anything contai
Page 124 and 125: Period from the date of the certifi
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Page 128 and 129: nominee3. I/We hereby agree to abid
Page 130 and 131: Identity SlipSpecimen signature of
Page 132 and 133: Address (2)NB : In the case of illi
Page 134 and 135: Post Office.Orders of the Postmaste
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Page 138 and 139: (c) a corporation or a Government c
Page 140 and 141: First year 12.40Second year 13.90Th
Page 142 and 143: to the amount specified in the Tabl
Page 144 and 145: Period from the date of the certifi
Page 146 and 147: maturity of the certificate to:-(a)
Page 148 and 149: 105FORM 1[See Rule 6]FORM OF APPLIC
Page 150 and 151: 107FORM 3DEPARTMENT OF POSTS[See Ru
Page 152 and 153: 108CHAPTER-13THE POST OFFICE SAVING
Page 154 and 155: 1093. Denomination in which certifi
Page 156 and 157: (v)a certificate purchased by a pro
Page 158 and 159: 11216. Transfer of certificate from
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Page 164 and 165: 11628. Rights of nominees:- (1) In
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