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<h1>National Savings Certificates scheme: five-year certificates with defined account types, annual accrual, pledging and succession rules.</h1> The National Savings Certificates (VIII Issue) Scheme, 2019 establishes five-year saving certificates with Single, Joint A and Joint B account types, a Rs.1,000 minimum deposit and no maximum, annual interest accrual deemed reinvested through year four, and a specified maturity value. The Scheme allows pledging/transferring accounts as security to defined institutions with endorsement and retransfer procedures, prescribes limited grounds and scaled measures for premature closure and payout, sets nomination and succession rules for death of account holders, and applies General Rules where silent while permitting government relaxation to prevent undue hardship.