GOVT. BUSINESS & CASH MGT.

WING, HO, BANGALORE

SCSS SERIES: 1

Date: 23/07/2013

`
Individuals who have attained the age of 60 years (55 years for Defence
Service personnel) are eligble to open individually or jointly with spouse.

NRIs and HUFs are NOT eligible to open accounts under SCSS,2004.
Min: ` 1000/- Max: ` 15,00,000/- per annum (in multiples of `1000/-)
Duration: 5 years (No withdrawal permitted before the expiry of 5 years)
Extension for a further period of 3 years after the maturity period (5 yrs)
Rate of Interest: 9.2% w.e.f. 1.4.2013 (Qly interest shall be credited)

Nomination facility available

Commission :Receipts :` 50 per transaction &Payments @ 5.5 paise per ` 100

Govt. Link Cell, Nagpur is the Nodal Branch

Best wishes to all the 3200 Authorized Branches.

Ref:HO Cir 326/2013

Passwords to SCSS Module have been created as done in the case of PPF

Well begun is half-done goes the adage, and well begin it well done.
TT

Together we can and we will !

R C RAJAN
GENERAL MANAGER