Rule 7 - Legal tender - National Savings Certificates (VIII Issue) Rules, 1989

Legal tender. 7. Payment for the purchase of a certificate may be made to a post office in any of the following modes, namely:— (i) cash; (ii) a locally executed cheque, pay order or demand draft drawn in favour of the postmaster; (iii) by presenting a duly signed withdrawal form together with the pass book for withdrawal from the post office savings bank account; (iv) surrender of a matured old certificate duly discharged as follows:— "Received payment through issue of fresh certificate, vide appli cation attached."