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TMI BlogPremature encashmentX X X X Extracts X X X X X X X X Extracts X X X X ..... ule (1) after the expiry of one year but before the expiry of two years and six months from the date of certificate, face value of the certificate, together with simple interest calculated at the rate applicable from time to time to accounts under Post Office Sav ings Account Rules, 1981, for the complete months for which the certificate has been held, shall be payable. (4) Notwithstanding anything contained in rule 12 or in sub-rule (1), if a certificate is encashed any time after expiry of two years and six months from the date of certificate, the amount payable inclusive of interest shall be as specified in the Table below for denomination of Rs. 1,000 and at a proportionate rate for any other denominations : Table Period ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... than 5 years 1,800 6. 5 years or more but less than 5 years and 6 months 1,940. (6) Notwithstanding anything contained in rule 12 or in sub-rule (1), if a certificate issued on or after 24th April, 1992, is encashed at any time after the expiry of two years and six months from the date of the certificate, the amount payable inclusive of interest shall be as specified in the Table given below for certificate of the denomination of Rs. 1,000 and at a proportionate rate for any other denomination, namely :— Table Period from the date of the certificate to the date of its encashment Amount payable inclusive of interest (in rupees) 1. Two years and six months or more but less ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... 12 or in sub-rule (1), if a certificate issued on or after 1st January, 1999 is encashed at any time after the expiry of two years and six months from the date of the certificate, the amount payable inclusive of interest shall be as specified in the Table given below for certificate of the denomination of Rs. 1,000 and at proportionate rate for any other denomination, namely :— Table Period from the date of the certificate to the date of its encashment Amount payable to inclusive of interest (in rupees) 1. Two years and six months or more but less than three years 1,280 2. Three years or more but less than three years and six months 1,380 3. Three years and six months ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... six months 1,668 7. Five years and six months or more but less than six years 1,779 8. Six years or more but less than six years and six months 1,874. (10) Notwithstanding anything contained in rule 12 or in sub-rule (1), if a certificate issued on or after the 1st day of March, 2001 but before the 1st day of March, 2002, is encashed at any time after the expiry of two years and six months from the date of issue of the certificate, the amount payable inclusive of interest shall be as specified in the Table given below for certificate of the denomination of Rs. 1,000 and at proportionate rate for any other denomination, namely :— Table Period from the date of issue of the certificate to the ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... s 1,256 3. 3 years 6 months or more but less than 4 years 1,305 4. 4 years or more but less than 4 years 6 months 1,382 5. 4 years 6 months or more but less than 5 years 1,439 6. 5 years or more but less than 5 years 6 months 1,534 7. 5 years 6 months or more but less than 6 years 1,602 8. 6 years or more but less than 6 years 6 months 1,672 9. 6 years 6 months or more but less than 7 years 1,800 10. 7 years or more but less than 7 years 8 months 1,883. (12) Notwithstanding anything contained in rule 12, if a cer tificate issued on or after the 1st day of March, 2003, is en cashed at any time after the expiry of two years and ..... X X X X Extracts X X X X X X X X Extracts X X X X
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