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NSTD (National Saving Time Deposit) Scheme & Rules, 2019

NOTIFICATION No. G.S.R. 922(E) dated 12th December 2019

In exercise of the power conferred by Section 3 of the Government Savings Promotion Act, 1873 (5 of 1873), the Central Government hereby makes the following scheme, namely:-

(1) In this scheme, unless the context otherwise requires.

(2) Words and the expressions used herein but not defined shall have the meanings respectively assigned to them in the Act and the General Rules.

(1) On an application to the accounts office in Form-1, the following types of accounts can be opened under the Scheme, namely:-

Premature closure of an account shall be allowed on an application by the account holder in Form-4, subject to the following conditions, namely:-

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Updated : Dec 16, 2019