Ministry of Finance vide its OM No. 1/04/2016-NS-11 dated13.5.2016 has decided to stop sale of pre-printed NSC and KVP from 1.7.2016 in all CBS and non CBS post offices. As such the competent authority has decided to issue following instructions:-
1. All CBS and non CBS post offices shall stop sale of pre-printed NSC and KVP from closing hours of 30.6.2016.
2. Unsold stock of NSC and KVP in each Sub Post Office shall be returned to HPO by preparing list in triplicate mentioning certificate numbers. Two copies of list along with invoice and physical certificates should be sent to HO. HPO shall acknowledge the receipt of certificates and return one copy of list duly signed.
3. Once unsold stock of all the SOs under HO are received, HPO will prepare one list of unsold certificates of HO and its SOs in triplicate and send two copies of list along with physical certificates to CSD. CSD will acknowledge the receipt in one copy of list and return the same to HO.
4. Once unsold stocks of all HOs under CSD are received, CSD will return all the stock to ISP Nasik.
5. Detailed procedure for accepting deposits for issue of NSC and KVP in the shape of Passbooks in CBS and non CBS post offices shall be issued shortly.
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