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.