TaxTMI 
TaxTMI 
Senior Citizens Savings Scheme Rules, 2004
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....¤¾à¤ªà¥à¤¤ किया | ख. को खोले गठखाता सं0 ( अंतरक जमा कारà¥à¤¯à¤¾à¤²à¤¯ का नाम और पता) की बही में रà¥à¤ªà¤) तारीख और (संयà¥à¤•à¥à¤¤ धारक, यदि कोई है) के नाम पास बà¥à¤• की पà¥à¤°à¤µà¤¿à¤·à¥à¤Ÿà¤¿à¤¯à¥‹à¤‚ की जांच कर ली गई है, अंतरण पà¥à¤°à¤¦à¤°à¥à¤¶à¤¿à¤¤ करने वाली आवशà¥à¤¯à¤• पà¥à¤°à¤µà¤¿à¤·à¥à¤Ÿà¤¿à¤¯à¤¾à¤‚ कर दी गई हैं और à....
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.... (i) who has attained the age of 60 years or above on the date of opening of an account under the provisions of these rules, and by whom, or on whose behalf, money is deposited in an account under these rules, or 20 THE GAZETTE OF INDIA: EXTRAORDINARY PART II-SEC. 3(i)] (ii) who has attained the age of 55 years or more but less than 60 years, and who has retired under a voluntary retirement scheme or a special voluntary retirement scheme on the date of opening of an account under these rules, subject to the condition that the account is opened by such individual within three months of the date of retirement and a certificate from the employer, Indicating the fact of retirement under such voluntary or special voluntary retirement scheme, retirement benefits, employment held alongwith period of such employment with the employer, is attached with the application form (FORM-A). (e) 'Deposit Office' means, any post office in India doing savings bank work and authorised by Director General Posts, to open an account under these rules. (f) 'Form' means a form appended to these rules. 3. Opening of account:- (1) Any depositor may....
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....or persons who, in the event of death of the depositor, shall be entitled to payment due on the account. (2) If such nomination is not made at the time of opening of the account, it may be made by the depositor at any time after the opening of the account but before its closure, by an application in FORM-C, accompanied by the pass book to the deposit office. [ à¤à¤¾à¤— II - खणà¥à¤¡ 3 (i) ] à¤à¤¾à¤°à¤¤ का राजपतà¥à¤° : असाधारण 21 (3) The nomination made by the depositor may be cancelled or varied by a fresh nomination in FORM- C to the deposit office in which the account stands. .. (4) Nomination facility shall be available in the case of joint account also. However, in such case, the joint holder will be the first person entitled to receive the amount payable in the event of death of the depositor and the nominee's claim shall arise only after the death of both the depositor and the joint holder. Explanation. In case of joint account or where the sole nominee is the spouse, the spouse may continue the account in acco....
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....4, the deposit in such account shall earn interest at the rate applicable to the new accounts opened or to be opened under the provisions of these rules on the date of maturity. (9) In case of an account which is not extended on maturity and closed at any time as per provisions of sub-rule (2) of rule 8, post maturity interest at the rate, as applicable to the deposits under the Post Office Savings Account from time to time, shall be payable on such matured deposits, upto the end of the month preceding the month of closure of the account. 8. Closure of account:- (1) The deposit made at the time of opening of account shall be paid by the deposit office at which the account stands to the depositor on or after expiry of five years from the date of the opening of the account on production of the pass book accompanied by a written application (withdrawal form) in FORM-E. (2) In case the depositor does not close the account on maturity as specified under sub-rule (1), and also does not extend the account under sub-rule (3) of rule 4, the account shall be treated as 22 THE GAZETTE OF INDIA: EXTRAORDINARY [PART II-SEC. 3(i)) matured and the d....
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....of one year but before the expiry of two years from the date of opening of the account, an amount equal to one and a half per cent of the deposit shall be deducted and the balance paid to the depositor. (b) In case the account is closed on or after the expiry of two years from the date of opening of the account, an amount equal to one per cent of the deposit shall be deducted and the balance paid to the depositor. (2) The depositor availing the facility of extension of account under sub-rule (3) of rule 4, may be permitted to withdraw the deposit and close the account at any time after the expiry of one year from the date of extension of the account without any deduction. 10. Pass Book:- (1) On opening of an account, the depositor shall be given a pass book immediately, alongwith the depositor's copy of the pay-in-slip (Form-D) duly stamped and signed by the deposit office in token of having received the amount of deposit. The pass book shall bear the date of opening of account, the number of the account, the depositor's name, photograph(also name and photograph of the spouse in case of joint account) and address, the amount deposited, the qua....
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.... account shall be closed immediately and the deposit in the account, after deduction of the interest, if any, paid on such deposit, shall be refunded to the depositor. 13. Deposits by Non-Resident Indians(NRIs) and Hindu Undivided Families (HUF):- (1) The Non Resident Indians are not eligible to open an account under these rules: Provided that if a depositor who subsequently becomes a Non-Resident Indian during the currency of the account under these rules, the account may continue till its maturity on a non-repatriation basis and the account shall be marked as a Non-Resident account: Provided further that the account continued under the above proviso, shall not be extended for any further period as provided under sub-rule (3) of rule 4. (2) Hindu Undivided Family is also not eligible to open an account under these rules. 14. Power to relax:- Where the Central Government is satisfied that the operation of any of the provisions of these rules, causes undue hardship to the depositor, it may, by order, for reasons to be recorded in writing, relax the requirements of that provision in a manner not inconsistent with the provisions of the Act. ....
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.... in the event of my death the amount standing to my credit in the account would be payable in accordance with the provisions contained in rule 6: à¤à¤¾à¤— II-खणà¥à¤¡ 3 (i) ] à¤à¤¾à¤°à¤¤ का राजपतà¥à¤° असाधारण St. Name(s) of the nominee(s) alongwith relationship with No. the depositor Permanent Address 3(a) nominee(s) at Serial No.(s).. of Date(s) of birth of Share the nominee(s) in case nominee(s) in the of a minor/ age in amount payable. other case(s) As the Shri/Smt./Kumari......... .above I. is/are minor(s), ..[name(s) with appoint permanent address(es) of the person(s) in respect of each minor nominee] to receive the sum due under the said account in the event of my death during the minority of the nominee(s). Witnesses(Signature, name and address): 1.... 2. Signature/Thumb impression of the depositor Date... ..At (Place).. My/our✶ specimen signatures (thumb impression), are as below:- (i) First depositor:- (ii) *Joint depositor:- 1. 2. 2.....
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.... by the applicant or any other recognised educational institution or Driving Licence issued by the local licensing authority. (2) Originals of the documents attached, should also be produced simultaneously for verification and retum immediately. FOR THE USE OF DEPOSIT OFFICE The account has been opened on.... Account No.. .with Rs..... ...) under the Senior Citizens Savings Scheme, 2004. .Ledger folio No.... ..(Rupees..... Agent's name, agency code number, date and validity have been entered in the ledger folio as well as Pass book(in case of account introduced through agent). Pass Book No... Date.... .has been issued. Signature of the Incharge of Deposit Office (alongwith name and designation stamp) FORM-B (See sub-ruie (3) of rule 4) Serial No... APPLICATION FOR EXTENSION OF AN ACCOUNT UNDER 1 SENIOR CITIZENS SAVINGS SCHEMĘ, 2004 ΤΟ The Postmaster/Incharge, ..(name of the Deposit office) Subject: from..... Application for extension of an account for three .(date/month/year). years, with effect Sir, 1. I, depositor of account No. son/daughter/wife of... ..,, (....
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....the amount standing to my credit in the account No.... would be payable in accordance with the provisions contained in rule 6 of Senior Citizens Savings Scheme Rules, 2004. 28 THE GAZETTE OF INDIA: EXTRAORDINARY Name(s) of the nominee(s): SI. alongwith relationship with No. the depositor(s) Permanent Address Date(s) of birth of nominee(s) in case of a minor/ age in other case(s) [PART II SEC. 3.(i)] of the Share nominee(s) in the amount payable. 2.* As the Shri/Smt./Kumari.. nominee(s) at Serial No.(s).... ..above is/are minor(s), I appoint ......[name(s) in fuil with complete address(es) of the person(s) in respect of each minor nominee] to receive the sum due under the said account in the event of my death during the minority of the nominee (s). 3.* This is in supercession of the nomination(s), made by me earlier at the time of opening of account/vide my application dated.. 4.* I... application dated... hereby request to cancel the nomination made by me earlier vide my Witnesses(Signature, name and address): 1...... 2. Date.. ..At (Place)... Signature o....
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....H): Cheque/Demand Draft No. and date: Bank Branch on which drawn: AMOUNT (RUPEES) : By (Depositor's signature) Continued from prepage…. TO BE COMPLETED BY DEPOSIT OFFICE COINS TOTAL (CASH): Cheque/Demand Draft No. and date: Bank / Branch on which drawn: AMOUNT (RUPEES) : By (Depositor's signature) Continued from prepage.. TO BE COMPLETED BY DEPOSIT OFFICE Head of Govemment Account(to be entered by Deposit Head of Government Account(to be entered by Deposit Office) # / ##... Received Rs..…………………………………………………… (Rupees……………………………………………………… Office)# | ##. Received Rs. (Rupees..... as detailed hereinabove. For deposit in Account as detailed hereinabove. For deposit in Account No....... *Agent's Commission at the rate of...per cent of deposit amounting to Rs........ (Rupees..... has been paid at source (under receipt). Cashier's scroll No.. .)### *Agent's ....
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....es........ .....) and any other charges; recoverable from me in respect of the account in question, may kindly be refunded to me immediately. 2. âš« The Pass Book is enclosed. Signature or thumb impression of the Depositor FOR USE BY THE DEPOSIT OFFICE ACCOUNT No... Rs...... Withdrawal on account of Interest Rs.... to Rs..... is sanctioned in favour of the depositor. *Recovery of overpaid interest Rs...... .DATE OF DEPOSIT. .AMOUNT ! OF DEPOSIT: and deposit Rs.... (Rupees.. ..totalling ) : deduction or Rs.. and Other Charges (to be specified) Rs.. (Rupees... totalling to Rs.. ..) has been adjusted. NET AMOUNT PAID RS ……………… (Rupees…………………………. à¤à¤¾à¤— II-खणà¥à¤¡ 3 (i) ] Received a sum of Rs.. from........ à¤à¤¾à¤°à¤¤ का राजपतà¥à¤° : असाधारण RECEIPT (Rupees......... ..(Name of Deposit office) as per details furnished above. 31 Signature / Thumb i....
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.... estate of the deceased.. I/We. under SENIOR .) standing in the account No... CITIZENS SAVINGS SCHEME, 2004 with your office in the name of without production of letters of administration or a succession certificate to the ..(name of the depositor), and (sureties) do hereby for ourselves and our heirs, legal representatives, executors and administrators jointly and severally undertake and agree to indemnify you and your successors and assigns against all claims, demands, proceedings, losses, damages, charges and expenses which may be raised against or incurred by you by reason or in consequence of having agreed to pay/or paying me/us the sum as aforesaid. we.. ..... In witness whereof we have hereunto set my/our hands at this day of.... the presence of witnesses, Signed and delivered by the above named heir/heirs of the deceased. Signed and delivered by the above named sureties (Signature, names and address) 1. ..in 2. Signature, names and address of witnesses: 1. 2. ATTESTED NOTARY PUBLIC [ à¤à¤¾à¤— II - खणà¥à¤¡ 3 (i) ] à¤à¤¾à¤°à¤¤ का à¤....
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....wledge and nothing material has been concealed. Dated ..... 1. 2. 3. I identify the deponent(s) who is/are personally known to me and who has/have signed in my presence. Dated.. Oath Commissioner DEPONENTS à¤à¤¾à¤— 53(1)] à¤à¤¾à¤°à¤¤ का राजपतà¥à¤° : असाधारण FORM-G (See rule 11). Serial No 35 APPLICATION FOR TRANSFER OF ACCOUNT UNDER SENIOR CITIZENS SAVINGS SCHEME, 2004 ΤΟ The Postmaster/Incharge, Subject: Sir, 1 I, ..(name of the Deposit office) Application for Transfer of account to another Deposit office. " son/daughter/wife of... www Resident of depositor of account No. a ...hereby apply for TRANSFER OF MY ACCOUNT No.... deposit, of Rs... ..(Rupees.. ..with a ....) under the Senior Citizens Savings Scheme, 2004 to.. 2. The Pass Book is enclosed. ..(Name and full address of the transferee deposit office) Signature or thumb impression of the Depositor ..(signature, name and address) ............. My specimen signature/thumb impressions, as availab....