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Friday, July 5, 2013

RLY

                     மத்திய அரசு ஊழியர் செய்திகள் 
Posted: 03 Jul 2013 03:05 AM PDT
RESERVE BANK OF INDIA 

Ref. DGBA.GAD No. H-7386/45.01.001/2012-13

The Chairman / Managing Director 
State Bank of India & its Associates Banks 
Chairman & Managing Director 
All Nationalised Banks & IDBI 
Bank Ltd. 
ICICI Bank Ltd, Axis Bank Ltd, HDFC Bank Ltd.

Dear Sir,

Payment of pension to the Central Government pensioners – Continuation of either or survivor pension account after death of a pensioner

We have been receiving complaints from the pensioners that on death of a pensioner, banks are insisting on opening of a fresh account by the widow/widower  of the pensioner for the purpose of family pension.

2. In this connection, we advise that in case the spouse (Family pensioner) opts for existing joint account for credit of family pension, banks should not insist on opening of a new account when the spouse is the survivor and having a joint account with the pensioner and in whose favour an authorization fo payment of family pension exists in the Pension Payment Order (PPO).

3. We advise you to issue suitable instructions to your Regional Offices/branches authorised to disburse pension to the Central Government pensioners.

Yours faithfully, 
sd/- 
(Satyapal Unni) 
Assistant General Manager

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