Scheme for payment of pensions to postal pensioners through nationalised banks

Scheme for payment of pensions to postal pensioners through nationalised banks

MINISTRY OF COMMUNICATION & IT
DEPARTMENT OF POSTS
SCHEME FOR PAYMENY OF PENSIONS
TO POSTAL PENSIONERS THROUGH
NATIONALISED BANKS

It has been decided, in consultation with the Controller General of Accounts, Ministry of Finance  that the services of the Nationalised Banks (i.e. State Bank of India and its subsidiaries and Nationalised Banks) would be utilised to disburse pensions to Postal pensioners (The actual date of introduction of the scheme will be notified to all concerned later).

RAED MORE DETAILS-http://www.indiapost.gov.in/DOP/Pdf/Circulars/26-26-2012-PA(PEA)_19-10-2012.pdf