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of <h1>Nominee Entitled to Payment on Certificate Holder's Death; Conditions Apply for Non-Natural Causes within Two Years</h1> Upon the death of a certificate holder during the maturity period, the nominee or legal heir is entitled to a payment based on the certificate's denomination, subject to certain conditions. If death occurs after two years from issuance or due to non-natural causes within two years, payments of Rs. 1,500 or Rs. 3,000 are made according to the certificate's face value. Payments are restricted to a maximum aggregate face value of Rs. 5,000. In cases of fraudulent mis-statements or if the certificate is encashed prematurely, payments are made without interest. The Central Government's decision is final in disputes regarding fraud.
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