Rule 20 - Payment to heirs - National Savings Certificates (VIII Issue) Rules, 1989

Payment to heirs. 20. (1) If a person dies and is at the time of his death the holder of a savings certificate and there is no nomination in force at the time of his death and probate of his will or letters of administration of his estate or a succession certificate granted under the Indian Succession Act, 1925 (39 of 1925), is not, within three months of the death of the holder, produced to the authority specified in the Table to sub-rule (2), then if the sum due on the savings certificate does not exceed 1 [ one lakh rupees ] (inclusive of the sum due on the savings certificates issued from time to time and held by the deceased), the authority specified in the Table to sub-rule (2) may pay the same to any person appearing to it to be entitled to receive the sum or to adminis ter the estate of the deceased. (2) The authorities specified in the Table below shall be compe tent to sanction claims up to the limit noted against each on the death of the holder of the savings certificate without production of the probate of his will or letters of administration of his estate or succession certificate granted under the Indian Succes sion Act, 1925 (39 of 1925). 2 [TABLE Sl. No. Name of Authority Limit (in Rs.) (1) (2) (3) (i) Time Scale Departmental Sub-Postmasters 1,000 (ii) Sub-Postmasters in Lower Selection Grade 2,000 (iii) Sub-Postmasters/Deputy Postmasters/Postmasters in Higher Selection Grade (All non-Gazetted) 5,000 (iv) Deputy Postmasters/Senior Postmasters/Deputy Chief Post Masters/Superintendent of Post Offices/Deputy Superintendent (All Gazetted Group-B) 20,000 (v) Chief Postmasters in Head Offices, Senior Superintendents (All Gazetted Group-A) 50,000 (vi) Regional Directors/Director (General Post Offices) (In Mumbai and Kolkata) 75,000 (vii) Chief Postmasters General/Postmasters General (Headquarter and Region) 1,00,000 ] ******* Notes 1. Substituted vide Notification No. G.S.R. 820 (E) File No.2/18/2002-NS-II Dated 16-10-2003 before it was read as ₹ 60,000 2. Substituted vide Notification No. G.S.R. 820 (E) File No.2/18/2002-NS-II Dated 16-10-2003