List of Private banks authorised to disburse pension under the Scheme for payment of pension

ACS No. 54 to A-I-Authorization of Private Sector Banks for disbursement of Railway Pension

Government of India (भारत सरकार)
Ministry of Railways (रेल मंत्रालय)
Railway Board (रेलवे बोर्ड)

RBA NO. 14/2022

No. 2010/AC-II/21/12(pt)

New Delhi, dated 23.2.2022

General Managers/FA&CAOs /CPOs(As per standard List I )
All attached offices/Subordinate Offices ( As per standard List II)

Sub: ACS No. 54 to A-I-Authorization of Private Sector Banks for disbursement of Railway Pension.

Please connect Board’s letter No. 2021/ACII/9/2/e dated 18.02.2022 (RBA No. 12/2022) authorizing Axis Bank, HDFC Bank, ICICI Bank and Kotak Mahindra Bank Ltd for disbursement Railway Pension through e PPOs.

Accordingly, Advance Correction Slip No. 54 adding these banks in the Annexure II-F (List of Public Sector Banks of different States and Union Territories regarding the Scheme of Payment of Pensions) in the INDIAN RAILWAYS CODE FOR THE ACCOUNTS DEPARTMENT, PART-I (Second Reprint)1997 is attached for information and compliance.

DA: As above

(Ajay Bartwal )
Joint Director Finance/CCA
Railway Board

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