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    <title>Encashment on maturity</title>
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    <description>The Rule fixes a maturity period for National Savings Certificates and prescribes the encashment amount inclusive of interest for a reference denomination, together with year by year interest accrual tables. Interest accrued is deemed reinvested and aggregated with face value up to specified years depending on purchase cohort; different purchase cohorts have distinct total encashment amounts and annual interest schedules, and interest for other denominations is proportionate to the reference tables.</description>
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      <title>Encashment on maturity</title>
      <link>https://www.taxtmi.com/acts?id=36734</link>
      <description>The Rule fixes a maturity period for National Savings Certificates and prescribes the encashment amount inclusive of interest for a reference denomination, together with year by year interest accrual tables. Interest accrued is deemed reinvested and aggregated with face value up to specified years depending on purchase cohort; different purchase cohorts have distinct total encashment amounts and annual interest schedules, and interest for other denominations is proportionate to the reference tables.</description>
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