NATIONAL SAVINGS CERTIFICATES (IX ISSUE) (AMENDMENT) RULES, 2012 - AMENDMENT IN RULES 15 AND 16.

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....nment hereby makes the following rules further to amend the National Savings Certificates (IX Issue) Rules, 2011, namely:- 1. (1) These rules may be called the National Savings Certificates (IX Issue) (Amendment) Rules, 2012.     (2) They shall deemed to have come into force on the 1st day of April, 2012. 2. In the National Savings Certificates (IX Issue) Rules, 2011 (hereinafte....

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.... of face value of the certificate. TABLE The year for which interest accrues Amount of interest (rupees) accruing on certificate of Rs. 100 denomination First Year 9.10 Second Year 9.93 Third Year 10.83 Fourth Year 11.81 Fifth Year 12.89 Sixth Year 14.06 Seventh Year 15.34 Eighth Year 16.74 Ninth Year 18.26 Tenth Year 19.92 No....

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....r rule 15 and after adjustment of discount, shall be as specified in the Table below for a certificate of Rs. 100 denomination and at a proportionate rate for a certificate of any other denomination. TABLE Period from the date of the certificate to the date of its encashment Amount payable inclusive of interest (Rupees) (1) (2) 3 years or more, but less than 3 years and 6 months ....