Eligibility:

• An adult in his own name or on behalf of a minor.
• Three adults jointly

Authorized Branches:

• All Branches are authorised for sale of certificate under the scheme.

Nomination:

• Nomination facility available.

Denomination / Deposit limits:

• A minimum of one thousand rupee and any sum in multiple of one Hundred rupees may be deposited in an account.
• No maximum limit for purchase of the certificates.

Tax Benefits:

• No income tax benefit is available under the scheme. However, the deposits are exempt from Tax Deduction at Source (TDS) at the time of withdrawal.

Premature Withdrawal:

• Certificate can be encashed after 2 & ½ years (30 months) from the date of issue.

In case of difficulty, contact our Customer Care at:
1800-22-22-44