Process for Reinvestment of Matured Certificate/ Deposits through Agents in Post Office

The investors can reinvest Depositors’ matured accounts/certificates through the agents. The agents will be entitled to the commission for such investments. The amount of re- investment shall not exceed the maturity value of the matured account/certificate. The date of reinvestment and the date of maturity should be same. (1).     For re-investment of full maturity value…

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Post Office National Savings Certificates (VIIIth Issue) Scheme 2019 English – PDF Rulings

G.S.R. 919(E).— In exercise of the powers conferred by section 3A of the Government Savings Promotion Act, 1873 (5 of 1873), the Central Government hereby makes the following Scheme, namely:- 1. Short title and commencement.-(1) This Scheme may be called the National Savings Certificates (VIII Issue) Scheme, 2019. (2) It shall come into force on…

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