nss (p)
DESCRIPTION
nssTRANSCRIPT
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NSS
National Savings Scheme
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Scheme of National Savings
1. Special Savings Certificate (SSC)2. Defence Savings Certificate (DSC)3. Regular Income Certificate4. Bahbood Certificate5. Pensioner Benefits Account 6. Post office Saving Banking7. Etc
Defunct National Savingschemes
National Deposit Certificates Khas Deposit Certificates Premium Saving Certificates
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Operation in State Bank of Pakistan
Special Savings Certificate (SSC)
Defence Savings Certificate (DSC)
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Area of Operation
Counter Side
Banking Side
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Special Savings Certificate (SSC)
Maturity of 3 years Profit after every 6 months Profit can be paid with out the encashment of the
certificates
Defence Savings Certificate (DSC) Maturity of 10 years Profit paid on yearly basis Profit will be made with the encashment of the
certificates
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Main operations of SSC/DSC On Counter Side Sale. Profit Payment / Encashment Other Transactions
Sale a) Cash ---- In Globus Through Tellerb) Clearing ---- In Globus Though PADc) Transfer ---- In Globus Though P.O. FT Re Investment On maturity of SSC / DSC
Encashmenta) Cash ---- In Globus Through Tellerb) Transfer ---- In Globus Through P.O. FT
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Other Operations on Counter Side
Transfer Center to Center Received Transfer of Certificates Transfer Person to Person Transfer to Nominee Lost certificate Un-Marked lost of Certificate as Found Duplicate certificate Pledge / Release – Certificate Split Certificate Cancel / Spoilt Certificate
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STOCK KEEPINGDENOMINATIONS Series
SSC DSC 500 D E 1000 E F 5000 F G 10000 G H 50000 H J 100000 J K 500000 K L 1000000 L M
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STOCK KEEPING
Vault.
Hand Balance
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Reports
Stock, Sale, Encashment Weekly/Monthly/ Special Purpose Reports
PAD Scrolls & Abstract
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Globus System Overview
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Operations on Banking Side Sale Profit Encashment Other
Transactions
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Operation By Banks
Sale proceeds- Through Chq- Reinvestment, Transfer
Encashment - Transfer transaction Account Dr , Cr
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Other transactions
Split certificates Cancelled / Spoilt Certificates Transfer of Certificates Duplicate Certificates Found Certificates Canceled Un – Sold Certificates Merge Bank Sale
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NSS DemoWake UP and Get Ready for…
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Question and Answer Session Common Faqs
http://sbpweb/globus/nss.htm
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Thank You