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10 Rupees 7-Year National Savings Certificate; Second Issue
| Issuer | Government of India |
|---|---|
| Year | 1970 |
| Type | Log in to see details |
| Value | 10 Rupees (10 INR) |
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|---|---|
| Obverse lettering | 7-वर्षीय राष्ट्रीय बचत-पत्र 7-YEAR NATIONAL SAVINGS CERTIFICATE SECOND ISSUE आयकर से मुक्त FREE OF INCOME TAX 10 दस रुपये TEN RUPEES भारत सरकार The Government of India promises to pay to a sum of Rs. on or after the or at any other date after the expiry of three complete years from the date of issue of this certificate a sum not exceeding Rs. specified on the reverse as due on such date. This certificate is issued pursuant to Government of India, Ministry of Finance, Notification No. G.S.R. 318, dated the 28th February, 1970. Post Office Date of Issue Registered No. Postmaster. SEE REVERSE INDIA SECURITY PRESS |
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| Reverse lettering | 7-वर्षीय राष्ट्रीय बचत-पत्र दूसरा निगम 7-YEAR NATIONAL SAVINGS CERTIFICATE SECOND ISSUE भुगतान की रसीद RECEIPT ON DISCHARGE. लगायी गयी रकम 10 रुपये Amount invested Rs. 10 यदि भुगतान की मांग बचत-पत्र जारी किये जाने की तारीख से पूरे तीन वर्षों के बाद की जाय, तो If payment is claimed after three complete years from the date of issue. रुपये Rs. पूरे 3 वर्षों के बाद 11.40 After 3 complete years. पूरे 4 वर्षों के बाद 11.40 " 4 " पूरे 5 वर्षों के बाद 12.60 " 5 " पूरे 6 वर्षों के बाद 12.60 " 6 " पूरे 7 वर्षों के बाद 14.10 " 7 " Received amount of Rs. paise (in words and figures) in cash / by purchase of fresh certificates vide application attached. Signature(s) or thumb impression(s) Date टिप्पणी: बचत-पत्र धारी को यह सलाह दी जाती है कि वह इस पत्र की कम संख्या और इसके जारी होने की तारीख को नोट कर ले और यदि यह पत्र खो जाए तो इसकी सूचना तुरंत उस कार्यालय को दे जहां यह पत्र रजिस्टर हुआ हो। NOTE: THE HOLDER IS ADVISED TO KEEP A NOTE OF THE SERIAL NUMBER AND DATE OF ISSUE OF THIS CERTIFICATE AND TO NOTIFY IMMEDIATELY THE OFFICE AT WHICH THE CERTIFICATE IS REGISTERED, IN THE EVENT OF LOSS OF THE CERTIFICATE. केवल सक्षम अधिकारी की अनुमति से हस्तांतरित किया जा सकता है। TRANSFERABLE WITH THE PERMISSION OF THE COMPETENT AUTHORITY ONLY. |
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| Comments |
National Savings Certificates occupied an odd bureaucratic space in India's financial architecture — technically securities rather than currency, yet physically resembling banknotes closely enough to attract collector interest. The Second Issue of this 7-Year series was part of the government's push to mobilize small domestic savings through post offices, offering a fixed return at maturity rather than floating interest, which made them accessible to rural depositors with no banking relationship.
India Security Press at Nashik handled the full production run, as it did for most government securities of this period. The 7-year lock-in was a deliberate policy instrument during a decade of tight foreign exchange reserves.