Nominee rights allow encashment or subdivision of savings certificates upon holder's death, subject to proof and joint discharge.

Nominee entitlement on death allows the nominee or nominees to encash the certificate or to sub-divide it into appropriate denominations for individual nominees or two adult nominees jointly. Multiple nominees must give a joint discharge when receiving payment or subdivision. The surviving nominee(s) must apply to the postmaster of the registration office with proof of death of the holder and any deceased nominee(s). Where nomination is in favour of a single nominee or two adult nominees, the post office may issue a fresh certificate in their name(s) on application.

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