e Certificates for NSC & KVP w.e.f. 1st April 2016

e-Certificates to replace the system of issuing physical pre-printed NSC and KVP certificates

MoF vide Office Memorandum dt. 1st April 2016 has discontinued the practice of issuing pre-printed NSC and KVP certificates, to introduce e-certificates with effective from 1st April 2016 itself.

The existing system of physical pre-printed certificates for KVP and NSC shall stand discontinued w.e.f. 1.4.2016 and shall be replaced by ‘National Savings Certificate/ Kisan Vikas Patra Certificate on electronic mode (e-mode). Till the CBS system transits to that e-mode, banks and post offices may choose to issue a physical certificate recorded on a passbook.

FinMin Office Memo dt. 1 Apr. 2016

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