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........ CITIZENS DUTY & SLOGAN ::: It shall be the duty of every Citizen of India to defend the Country and render National service when called upon to do so ... SLOGAN ::: "That loyalty to the Country becomes ahead of all other loyalties. And this is an absolute loyalty since one can not weight it in terms of what one receives" (Lal Bahadur Shastri) ..... ......... .......

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... ... ..................PLEASE NOTE THAT THE "AIPEU-GDS(NFPE)" WHICH WAS FOUNDED DURING APRIL,2012 HAS BEEN JOINED/MERGED/UNIFIED WITH AIGDSU AFTER THE IMPLEMENTATION OF A STRATEGIC PLAN ADOPTED BY NFPE. NOW THE AIPEUGDS (NFPE) IS NOT IN EXISTENCE....... HOWEVER THIS BOLG NAME REMAINS THE SAME .....

Tuesday, August 18, 2020

GSPR - Government Savings Promotion General Rules 2018 -- Nomination

 

GSPR - Government Savings Promotion General Rules 2018


Nomination:
  • Nomination is mandatory for all types of accounts.
  • Maximum four individuals can be nominated.
  • If nominee is a minor, the depositor to authorize an appointee.
  • Nomination can be varied by the depositor any time before the maturity of the account.
  • Nomination stands cancelled on:
i. death of all the nominee,
ii. transfer of the account as security (pledging)
  • If depositor is illiterate, attestation by two witnesses is required while making/altering nomination. No witness is necessary for literate depositors.



//copy//-SAPOST





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