1.   Duration

8 years 7 months

2.   Rate of Interest

8.25% (doubles the money on maturity)

3.   Where to invest ?

any head post office / sub-post office in cash, demand draft, local cheques.

4.   Who can invest ?

(i).   An individual (above 18 years)
(ii).   Two / three individuals in joint names.
(iii).   A guardian on behalf of a minor.

5.   Denomination of Certificates

Rs. 100/-, Rs. 500/-, Rs. 1000/-,        Rs. 10000/- , Rs. 50000/-

6.   How much to invest ?

No limits

7.  Withdrawals

(i).   On maturity (8 years and 7 months)
(ii).   Premature after 2 years and 6 months.
(iii).  Any time in case of death of holder / any of the holders.