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1000 Rupees 7-Year National Savings Certificate; Fourth Issue IV

Emittent Government of India
Jahr 1970
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Währung Rupee (decimalized, 1957-date)
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Vorderseitenlegende 7-वर्षीय राष्ट्रीय बचत-पत्र
7-YEAR NATIONAL SAVINGS CERTIFICATE
FOURTH ISSUE
IV ISSUE
1000
एक हजार रुपये
1000 RUPEES
ONE THOUSAND
This certificate entitles
to receive payment of Rs.1000 (RUPEES ONE THOUSAND ONLY) being the face value of this certificate on or after or at any other date after three complete years from the date of issue of this certificate at the value specified on the reverse and to receive interest on RUPEES ONE THOUSAND at the rate of 7½ per cent per annum payable annually on subject to the terms and conditions stated in Government of India, Ministry of Finance, Notification No. G.S.R. 319, dated the 28th February, 1970, as amended.
POST OFFICE
DATE OF ISSUE
REGISTERED NO.
POSTMASTER
SEE REVERSE
INDIA SECURITY PRESS, NASIK ROAD
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Rückseitenlegende चौथा निर्गम
7-वर्षीय राष्ट्रीय बचत-पत्र
7-YEAR NATIONAL SAVINGS CERTIFICATE
FOURTH ISSUE
1000
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:
प्रत्येक 1000 रुपये की राशि के लिए चुकाये जाने वाली रकम
Amount repayable for every Rs.1000
If the certificate is encashed after 3 years but before the expiry of 5 years.
रुपये Rs. 980.00
After 7 complete years
Rs. 1000.00
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 office at which the certificate is registered, in the event of loss of the certificate.
केवल सक्षम अधिकारी की अनुमति से हस्तान्तरित किया जा सकता है।
TRANSFERABLE WITH THE PERMISSION OF THE COMPETENT AUTHORITY ONLY.
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Anmerkungen

National Savings Certificates issued by the Government of India occupy an awkward category for collectors — they are not banknotes, not bonds in the conventional sense, but bearer instruments with a fixed redemption schedule, issued directly by the Ministry of Finance. The Fourth Issue series was part of a sustained post-Independence effort to mobilize domestic savings and reduce dependence on external borrowing, particularly during a period when foreign exchange reserves were under consistent pressure through the late 1960s.

The seven-year maturity term was a deliberate policy choice, calibrated to encourage long-term retention rather than speculative trading. India Security Press at Nasik Road, which also produced postage stamps and currency notes, handled printing — the same facility that had been producing security documents since the 1920s under British administration.

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