janatha cash certificate

Cash Certificates will be issued for  Rs.100/- and multiples of Rs.100/-. These certificates will be issued by the branch managers for periods ranging from one to 8 years and only in terms of completed one year. They can be purchased in the names of minor(s) individuals either single or jointly. In the case of certificates in joint names the amount on maturity can be made payable jointly or to either or survior. The dates of maturity will be recorded on the certificates. If payments are to be made on theses certificates standing in the names of minors during the period of minority, the maturity value will be paid only to the natural guardian or any other legal guardian and not be the purchaser is not a natural or legal guardian. In the event of the death of the holder of the certificates the maturity value will be paid to the legal heirs or the nominees of the deceased.