IDFC First Bank as an Authorised Bank towards disbursement of Pensions
Authorisation of IDFC First Bank as an Authorised Bank towards disbursement of Pensions
GOVERNMENT OF INDIA
MINISTRY OF FINANCE
DEPARTMENT OF EXPENDITURE
CENTRAL PENSION ACCOUNTING OFFICE
TRIKOOT-Il, BHIKAJI CAMA PLACE,
NEW DELHI-110066
CPAO/ IT&Tech/ Bank Performance/ IDFC FB/ 37 Vol (B)/2024-25/ 13186/125
12.03.2025
To
Sh. Guljiv Singh Sawhney,
Head-Government Banking, IDFC First Bank Ltd.,
Corporate Office, Vibgyor Towers, C-62,
Bandra Kurla Complex, Mumbai- 400051.
Subject: Authorisation of IDFC First Bank as an Authorised Bank towards disbursement of Pensions- reg.
Sir,
On the basis of grant of necessary privileges and authorisation to IDFC First Bank by Central Accounts Section, Reserve Bank India (CAS, RBI) for disbursement of pension & to start reporting of transactions made by CPPC, IDFC First Bank, Airoli, Navi Mumbai, Maharashtra for daily settlement of pension cases, CPAO after completing testing and following due procedure integrated IDFC First Bank as CPPC and all the branches with its database.
2.CPAO, therefore, now conveys its approval for IDFC First Bank to start functioning as CPPC as per the guidelines mentioned in the Scheme Booklet of this office.
This issues with the approval of Chief Controller (Pensions).
(Vaibhav Chandrakant Ghalme)
Controller of Accounts, CPAO
To
All Pr. CCAs/CCAs/CAs (with independent Charge) – With request to provide necessary publicity to enable retiring employees, if they so desire, make use of the facilities of IDFC First Bank for opening their pension accounts.
Under Secretary, Department of Pension & Pensioners’ Welfare
Jt. CGA, TA-III Section, O/o CGA
Jt. CGA, GBA section, O/o CGA
Jt. CGA, GIFMIS section, O/o CGA
All PAOs/AGs (through website of CPAO)
Under Secretary, Ministry of Electronics & Information Technology (MeitY)- for updation, if any, in Jeevan Praman Portal.
Sr. TD, NIC (CPAO)
Copy to:-
PS to CC (P)
PAtoCA
All sections of CPAO
