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1000 Rupees 7-Year National Savings Certificate; Fourth Issue

Emisor Government of India
Año 1970
Tipo Inicie sesión para ver los detalles
Valor Inicie sesión para ver los detalles
Moneda Inicie sesión para ver los detalles
Composición Inicie sesión para ver los detalles
Tamaño 165 x 85 mm
Forma Inicie sesión para ver los detalles
Impresor Inicie sesión para ver los detalles
Diseñador(es) Inicie sesión para ver los detalles
Grabador(es) Inicie sesión para ver los detalles
En circulación hasta Inicie sesión para ver los detalles
Referencia(s) Inicie sesión para ver los detalles
Descripción del anverso Inicie sesión para ver los detalles
Leyenda del anverso Inicie sesión para ver los detalles
Descripción del reverso Salmon-pink reverse with matching guilloche border. The upper portion carries bilingual Hindi and English text setting out the repayment schedule and early encashment values. A ruled table lists interest amounts, dates of payment, and postmaster initials. The lower section is divided into a Hindi 'भुगतान की रसीद' and an English 'RECEIPT ON DISCHARGE' panel, with spaces for the holder's signature or thumb impression, date, and received amount.
Leyenda del reverso 7-वर्षीय राष्ट्रीय बचत-पत्र
चौथा निगम
7-YEAR NATIONAL SAVINGS CERTIFICATE
FOURTH ISSUE
The amount of the certificate is repayable at any time after the expiry of three years from the date of issue of the certificate at the rates set out below:
Amount repayable for every Rs. 1000
If the certificate is encashed after 3 years before 5 years.
-do- 5-7
-do- complete years
Amount of Interest
Date of payment
Initials of Postmaster
भुगतान की रसीद
RECEIPT ON DISCHARGE.
Received amount of Rs. paise
(in words and figures)
in cash / by purchase of fresh certificates vide application attached.
Date
Signature(s) or thumb impression(s)
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 POST OFFICE AT WHICH THE CERTIFICATE IS REGISTERED IN THE EVENT OF THE CERTIFICATE BEING LOST.
TRANSFERABLE WITH THE PERMISSION OF THE COMPETENT AUTHORITY ONLY.
Firma(s) Inicie sesión para ver los detalles
Tipo de protección Inicie sesión para ver los detalles
Descripción de la protección Inicie sesión para ver los detalles
Variantes Inicie sesión para ver los detalles
Comentarios

National Savings Certificates issued by the Government of India were not currency in any conventional sense — they were debt instruments, used to mobilize domestic savings and reduce dependence on external borrowing. The Fourth Issue of the 7-Year series came during a period of considerable fiscal pressure following the 1965 war with Pakistan and the droughts of the mid-1960s, both of which had severely strained public finances. A seven-year maturity was deliberate policy: long enough to lock in funds through volatile budget cycles, short enough to attract cautious middle-class savers.

These certificates were sold through post offices rather than banks, which shaped their survival rate — postal handling was hard on paper, and redeemed certificates were routinely cancelled and pulped rather than archived.

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