You bought NSC (National Savings Certificate), but during maturity time, what if you are not in the same city or the post office from where you bought is too far? How to encash or withdraw NSC bought from different Post Office?
This is the common concern faced by many. Because while buying we never know what will happen after 5 or 10 years. Either we may shift to a new city or the post office may be too far to reach. For a few, it is hard to visit that city. Because I found that few readers of my blog bought the NSC from South India like Bangalore or Chennai, but currently they are residing in Delhi, Kolkatta or Gurgaon. In this post I will try to simplify this common problem.
There are two aspects of this situation and they are as below.
1) If NSC is not yet matured-If this is the case, then first you have to think whether it is possible for you to reach the concerned post office easily. If not, then the second option is to apply for transfer. The process is as below.
2) If NSC is already matured-If the maturity date of the NSC has been already over, then to encash such NSC, there are again two ways to do it.
a) If both the encashing and original post office (from where you bought NSC) are connected with CBS Technology-
Luckily knowingly or unknowingly both the post offices are connected with CBS (Core Banking Solution) Technology, then it is a sigh of relief for you 🙂
Because if they are connected through CBS and have internet facility, then you just need to submit original NSC certificate and original identity proof to the post office where you want to encash. The concerned person will verify the authenticity using CBS and internet. Once the verification is done, then the money will be payable to you in the same post office immediately. That’s it !!
b) If either of the encashing and original post office (from where you bought NSC) is not connected with CBS Technology-
In this case you have to feel unlucky. Because it takes around 10-12 days officially. But in reality it may be delayed. The process is explained below.
They have to verify the authenticity of the claim. So they follow the below process.
# The postmaster where you submitted the NSC for encashment will first verify for “Register of lost/stolen certificates”. Upon satisfaction that this particular NSC is neither stolen or lost certificate, he will send the application to the divisional office. This they usually do it within 24 hours or in a working day.
# The concerned Divisional Office will forward the application to the parent Divisional Office of the Post Office which issued the certificate. This may take 48 hours or 2 working days.
# The Divisional Office will verify the authenticity of the claim and by consulting the issuing post office. This usually takes around 7 working days.
# After verification, they send back the application to the divisional office under where the application for encashment was submitted.
# Finally, the concerned Divisional Office after receipt of the application from the parent Divisional Office after due verification will communicate the same to post office where an application was submitted for encashment and payment will be made after following the due procedure as per the rules.
Hope this information will be useful for all.
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View Comments
Msc matured on 23-11-25.but I have not received my matured amount.pl.give me help line number
Dear Gorthi,
Please consult the concerned Post Office.
Hi Sir,
I bought 5 year NSC certificates from a post office in Delhi in 2009, 2010, 2011 and 12. Now all have matured. Also, because I did not withdraw closer to maturity the deposit have gone to senior saving account (I learnt this on a short visit to the Delhi post office). Now, I live in Bangalore. Please suggest if I can withdraw the matured amounts from a Bangalore post office.
Thank you.
Aditya.
Dear Aditya,
Try your luck.
Sir between the tenure period of my nsc i got married and my surname is changed in documents so will there be any problem on maturity? Pls tell me what can i do?
Dear Anamika,
No issues. But better you update with your new surname.
Hello sir, Hope you are doing well. I have applied to transfer NSC bonds from Chennai post office to Hyderabad post office. They have charged 118 rs and no receipt was given and have told me that no receipt/acknowledgement will be given. Pls advise how to track the transfer details and how long will it take for transfer
Dear Azhar,
Approach the concerned post office.
My dad purchase ncs in 1989.
And they forget the date of maturity date and they keep that bond in a file.
Now I get both those bonds in a file.
And i visit with my dad 2 3 times post office in tripoliya bazar jaipur.
But we did not get any response till date.
Dear Jai,
Visit the Post Office where you have purchased it.
on nsc mature the back side figure should be filled by the customer or employee of post office.ad per rule.
Dear Pankaj,
Please check with the post office officials.
Hello Sir,
The post office cheque provided to withdraw the nsc amount has gotten out of date and was returned by the bank.
Please let me know the procedure to get a new dated cheque or any other way to withdraw the matured nsc amount.
Dear Apoorv,
Approach the concerned Post Office.
Dear Sir
The post master is adamant upon opening a bank savings account for encashment of matured NSC.
Can I encash into my existing IPPB digital savings account?
If not, are there any options to encash into existing bank savings accounts?
Dear Vasant,
They are adamant and it is the reality.
Dear Sir,
An Thiagarajan from Tamil Nadu
Plz guide to get the matured NSC bond amt WITHOUT opening an Savings Account.
Bcoz while I approach to get the amount, the Postmaster forced to open SB Account
Am not interested to open it
Thanks in advanced
Dear Thiagarajan,
Sadly you don't have any other option.
I have few nsc's purchased at one post office . A few of them have already matured and its beyond 3+years. Can I have them encashed now. 1. Will they give me in cash or transfer it to my bank account. I do not have a post office account. 2. How do I know or calculate how much amount I'm entitled to get. 3. Will there be any deductions.
Dear Bhagya,
Approach the concerned post office for your doubts related to procedural issues. Yes, you can withdraw now.
Hi Sir,
It was a very clean and crisp article about the NSC withdrawal and other related data.
However the 2nd process where you have mentioned about the condition of non CBS branch ,the amount of time invested in my father's case is almost more than 3 years and still the same in not encashed.
The post office officials are merely not concerned about the senior citizens and not taking the things seriously.Even I have raised RTI against the same and the notices were sent to respective post office. While the parent branch post office is somewhat help ful,the branch where my father has submitted application is nothing than a nightmare.
And even in 3 years they kept the Post office in non CBS mode as if they don't want to upgrade .
Dear Anand,
When it comes to service, Post Office is a horrific department.