All You Need To Know About NSC Application Form For Nomination, Duplicate Certificate, And Claim Maturity
NSC (National Saving Certificate) is one of the most popular fixed-income saving schemes in India. Here we are going to tell you about the NSC Applications form, which you required for different purposes.
NSC Application Forms
Previously NSC comes in two variant,
- NSC VIII issue for 5 years
- NSC IX issue 10 Years
But later, NSC IX discontinued, and now it only comes in one version NSC VIII for 5 years.
To apply for the NSC you need to submit Form 1, which is also known as Form A and NC-71. You can get the form online from the Post Office website, or you can visit your nearest Post Office.
NSC Transfer Application Forms
Yes, NSC gives you the option to transfer the certificate from one person to another, or from one post office to another.
To transfer NSC, you are required following form,
- NC-32: If want to transfer the certificate from one post office to others
- NC-34: If you want to transfer the certificate from one person to another. This form does not work if NSC has to be transferred as a form of a pledge.
- NC-41: if you need to pledge the certificate as security, like using it for collateral to get a loan against it.
NSC Nomination Forms
When a person is applying for the NSC and wants to declare a nominee, then he/she need to fill the nomination form.
NC-51: If you do not declare any nominee while applying for the NSC, but later you want to add a nominee.
Also, more than one nominee is only allowed when the certificate is the domination of 500 or more.
NSC Duplicate Certificate Form
To make a duplicate certificate, you need the following documents.
NC-29: For issuance of a duplicate certificate when the original certificate has been lost, misplaced, spoiled, or mutilated.
NC-54 (a): This is a Bond of Indemnity compulsory to be submitted with form NC-29.
NC-54 (b): This is a Bond of Indemnity form along with a Bank Guarantee that should be submitted alongside NC-29 when applying for a duplicate form.
NC-61: This Bond of Indemnity has to be executed when the original certificates are to be discharged, or in case of issuance of a duplicate certificate if the original has been lost, misplaced, spoilt, destroyed, defaced, or mutilated. This form has to be submitted if the original certificate is missing when executing them.
NSC Claim Form
If you want to withdraw your NSC on maturity, then you have required the following documents.
- NSC Encashment Form
- Original NSC Certificate
- Any of your Identity proof
- Signature behind the certificate to ensure that the amount has been received
- If NSC belongs to the minors who is now adult: That minor should sign the certificate with the guardian signature.
- If Holder is dead, then have to fill Annexure 1 form (for claiming the settlement), or Annexure 2 (if the claim is to be settled on legal evidence of heirship)
Online Application For NSC
Yes, anybody can download all of the NSC related forms from the Post Office official website. But there is no option of submitting the form online; to submit the form, you have to visit your nearest Post Office.