Elaborating further details on the plan an official of National Savings informed that those bonds would be registered on the name of the purchasers and no other would be able to claim them. That, he said, would further enhance the security of bonds in case of theft or lost. The policies for other saving schemes like Pensioner's Benefit Account and Bahbood Savings Certificates had also been revised and now those were fixed at 10.56 percent to facilitate customers, the official said. The purchaser's details (name and contact information) will be recorded and kept on a special file with the National Savings, allowing the organisation to pay the bond's coupon payment to the appropriate person (purchases or owner).
Elaborating further details on the plan an official of National Savings informed that those bonds would be registered on the name of the purchasers and no other would be able to claim them. That, he said, would further enhance the security of bonds in case of theft or lost. The policies for other saving schemes like Pensioner's Benefit Account and Bahbood Savings Certificates had also been revised and now those were fixed at 10.56 percent to facilitate customers, the official said. The purchaser's details (name and contact information) will be recorded and kept on a special file with the National Savings, allowing the organisation to pay the bond's coupon payment to the appropriate person (purchases or owner).