How to get duplicate National Savings Certificate

Any investment made in the National Savings Certificate (NSC) is represented by certificates issued in the name(s) of the investor(s). Though the certificates can be held in the dematerialised form in the same account that is used for holding shares, investors can continue to hold the NSCs in the physical form. On maturity, these certificates have to be surrendered to the issuing post office in order to redeem the investment.

However, in physical form, the certificates are liable to be misplaced, stolen or destroyed. This can result in a situation where the investor’s funds are withheld on maturity. There is, however, a way out. You can get duplicate certificates issued by filing an application on the prescribed form.

Application

Form NC 29 is the prescribed form on which the investor can apply for the issuance of a duplicate certificate. The form can be downloaded from tinyurl.com/3ucdpof.

Certificate of identification

The person filing the application has to secure a witness to declare that he knows the applicant and that the application was signed in his presence.

Supporting documents

If the certificate has been stolen or lost, a police complaint has to be filed and a copy of the FIR enclosed. An indemnity bond must also be furnished by the investor.

Charge

A fee, prescribed from time to time, has to be paid while applying for the issuance of a duplicate certificate.
Points to note

Information: The application has to provide details of the name(s) in which the certificates were originally issued, the serial number, date of issuance, mode of holding, etc.
Submission of request: The form may be submitted either at the issuing post office or at any other post office.

Courtesy: Centre for Investment Education and Learning (CIEL).