CPAO informed all the Banks that Pensioners can open Pension Account in Banks without any State Jurisdiction. In its OM issued on 7th November 2016 it is reiterated that any retiring employee / pensioner can open a Pension Account with any CBS enabled branch of any of the authorized banks without any state jurisdiction. A list of Authorised Banks is attached (Annexure).
Open Pension Account in Banks without any State Jurisdiction
GOVERNMENT OF INDIA
MINISTRY OF FINANCE
DEPARTMENT OF EXPENDITURE
CENTRAL PENSION ACCOUNTING OFFICE
TRIKOOT-II, BHIKAJI CAMA PLACE,
NEW DELHI-110066
PHONES : 26174596, 26174456, 26174438
CPAO/IT&Tech/Amend. Sch. Book/9.Vol-VII/2016-17/ 165
7th November, 2016
Office Memorandum
Subject:- Removal of state-wise jurisdiction of Banks for disbursement of Central Government (Civil) Pensioners: Clarification regarding.
In pursuance of Accounting and Operating Procedure for Central Pension Processing Centre of Authorised Banks for Pension Disbursement to Central Government (Civil) pensioners issued by CAPO vide F.No. CPAO/Tech/CPPC/ Guidelines /2011-12/29 in February, 2012, all banks were allowed to establish a Central Pension Processing Centre (CPPC) for disbursement of Central Civil Pension through any of their CBS enabled branch.
2. As clarifications in this regard are still sought by banks etc, it is reiterated that any retiring employee / pensioner can open a Pension Account with any CBS enabled branch of any of the authorized banks without any state jurisdiction. A list of Authorised Banks is attached (Annexure).
This issues with the approval of O/o Controller General of Accounts
Encl:- As above
(Vijay Singh)
Sr. Accounts Officer (IT & Tech)
Ph. No.011-26166758
List of Authorised Bank
S.No | Name of Bank |
1 | Allahabad Bank |
2 | Andhra Bank |
3 | Axis Bank |
4 | Bank of Baroda |
5 | Bank of India |
6 | Bank of Maharashtra |
7 | Canara Bank |
8 | Central Bank of India |
9 | Corporation Bank |
10 | Dena Bank |
11 | HDFC Bank |
12 | ICICI Bank |
13 | IDBI Bank |
14 | Indian Bank |
15 | Indian Overseas Bank |
16 | Oriental Bank of Commerce |
17 | Punjab National Bank |
18 | Punjab & Sind Bank |
19 | State Bank of Bikaner & Jaipur |
20 | State Bank of Hyderabad |
21 | State Bank of India |
22 | State Bank of Mysore |
23 | State Bank of Patiala |
24 | State Bank of Travancore |
25 | Syndicate Bank |
26 | Union Bank of India |
27 | United Bank of India |
28 | United Commercial Bank |
29 | Vijaya Bank |
Authority: www.cpao.nic.in
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