National Savings Certificates nomination permits naming a beneficiary, with forms, limits, and registration required for payment. Rule 14 allows a holder or joint holders of a National Savings Certificate to nominate a person by Form 1 at purchase or by Form 2 before maturity; the nominee succeeds to the certificate and payment on the holder(s)' death. Only one nominee is allowed except for certificates of denomination Rs. 500 or more; nominations are prohibited for certificates held for minors. Cancellation or variation requires Form 3, the certificate, and prescribed postage, and takes effect from the date of post office registration noted on the certificate.