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Union of India - Section

Section 20 in National Savings Certificates (VIII Issue) Rules, 1989

20. Payment to heirs.

(1)If a person dies and is at the time of his death the holder of a Savings Certificate and there is no nomination in force at the time of his death and probate of his will or letters of administration of his estate or a succession certificate granted under the Indian Succession Act, 1925 (39 0f 1925) is not, within three months of the death of the holder, produced to the authority specified in the Table to sub-rule (2), and if the sum due on all Savings Certificates does not exceed [one lakh rupees] [Substituted 'Rs. 60,000' by Notification No. G.S.R. 820(E), dated 16.10.2003 (w.e.f. 8.5.1989).] (inclusive of the sum due on the Savings Certificates issued from time to time and held by the deceased), the authority mentioned in the Table to sub-rule (2) may pay the same to any person appearing to it to be entitled to receive the sum or to administer the estate of the deceased.
(2)The authorities specified in the Table below shall be competent to sanction claims upto the limit noted against each on the death of the holder of the Savings Certificates without production of the probate of his will or letters of administration of his estate or succession certificate granted under the Indian Succession Act, 1925 (39 0f 1925).
[Sl. No [Substituted by Notification No. G.S.R. 820(E), 16.10.2003.] Name of authority Limit (in Rs.)
1 2 3
(i) Time Scale Departmental Sub-Postmasters 1,000
(ii) Sub-Postmasters in Lower Selection Grade 2,000
(iii) Sub-Postmasters/ Deputy Postmasters/ Postmasters inHigher Selection Grade(All Non-Gazetted) 5,000
(iv) Deputy Postmasters/ Senior Postmasters/ Deputy Chief Post Masters/Superintendent of Post Offices/Deputy Superintendents(All GazettedGroup-B) 20,000
(v) Chief Postmasters in Head Offices, SeniorSuperintendents(All Gazetted Group-A) 50,000
(vi) Regional Directors/Director (General PostOffices)(In Mumbai and Kolkata) 75,000
(vii) Chief Postmasters General/ Postmasters General(Headquarter and Region) 1,00,000]