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of <h1>Electronic payments and single-transfer limits for National Savings Certificates (VIII Issue), with standard endorsement rules; Rule 23 removed</h1> Permits payment for purchase of National Savings Certificates (VIII Issue) by electronic mode when certificates are purchased from post offices operating on the Core Banking Solution platform, enabling non-cash remittance through electronic channels at such offices. Prescribes a uniform procedure for recording transfers by requiring the previous holder's name to be struck off and the new holder's name to be entered under the dated signature, designation and date stamp of the authorised Postmaster, thereby standardising endorsement formalities. Limits transfer of a certificate to only one transfer from the date of issue until discharge, restricting repeated changes of ownership. Omits rule 23, thereby removing the provisions previously contained in that rule from the governing framework.
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