Authorisation of KVB as an Authorised Bank towards disbursement of Pensions
Karur Vysya Bank is Govt Authorised Bank for Pension Disbursement
CPAO has issued order for Authorizing KVB towards disbursement of Pensions
GOVERNMENT OF INDIA
MINISTRY OF FINANCE
CENTRAL PENSION ACCOUNTING OFFICE
TRIKOOT-Il, BHIKAJI CAMA PLACE,
NEW DELHI-110066
CPAO/IT&Tech/ Bank Performance/KVB/37 Vol (B)/2025-26 /6476/03
03/07.04.2025
To
Smt./Ms. Manisha Sharma,
Government Business Unit- Head, Karur Vysya Bank Ltd.,
Delhi Divisional Office, 3rd Floor, No. 6, Pusa Road, Opposite Metro Pillar No. 80,
Karol Bagh, New Delhi- 110005.
Subject: Authorisation of Karur Vysya Bank Ltd. as an Authorised Bank towards disbursement of Pensions-reg.
Sir,
On the basis of grant of necessary privileges and authorisation to Karur Vysya Bank Ltd. by Central Accounts Section, Reserve Bank India (CAS, RBI) for disbursement of pension & to start reporting of transactions made by CPPC, Karur Vysya Bank Ltd., Teynampet, Chennai, Tamil Nadu for daily settlement of pension cases, CPAO after completing testing and following due procedure integrated Karur Vysya Bank as CPPC and all the branches with its database.
2. CPAO, therefore, now conveys its approval for Karur Vysya Bank Ltd. 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 Karur Vysya Bank Ltd. 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)
PA to CA
All sections of CPAO.
