Transfer of savings certificate requires authorised postmaster consent; eligibility, timing exceptions, signed application and limited one-time transfer. Transfers of National Savings Certificates require prior written consent of an authorised Postmaster who must confirm transferee eligibility and compliance with timing rules. Transfers are generally permitted after one year from issue, with exceptions for near-relative gifts, heirs of deceased holders, court-ordered transfers, transfers under rule 12, and survivorship in joint holdings. Applications must be in the prescribed form signed by the holder(s); minor transfers require guardian certification. The Postmaster must record the change by striking the previous holder's name and entering the new holder's name with signature, designation and date stamp. Transfers are allowed only once.