The Government of India’s Ministry of Finance, Department of Expenditure, has authorized Punjab National Bank (PNB) to establish nine additional Central Pension Processing Centres (CPPCs) for the disbursement of pensions.
The Central Pension Accounting Office (CPAO) granted approval to PNB based on the guidelines outlined in the Scheme Booklet. PNB has received the necessary privilege code from the Reserve Bank of India to commence reporting of transactions conducted by these new CPPCs.
The nine additional CPPCs are located in Allahabad, Mumbai, Jaipur, Chandigarh, Ludhiana, Patna, Chennai, Kolkata, and Bhopal. All ministries are requested to inform retiring employees about these facilities provided by Punjab National Bank for opening their pension accounts. This announcement has been issued with the approval of the Chief Controller (Pensions).
Authorization of 9 Additional CPPCs of Punjab National Bank
GOVERNMENT OF INDIA
MINISTRY OF FINANCE
DEPARTMENT OF EXPENDITURE
TRIKOOT, BHIKAJT CAMA PLAGE,
Subject: Authorization of 9 Additional CPPCs of Punjab National Bank
It is informed that the Central Pension Accounting Office (CPAO) vide its letter dated-06.06.2023 has conveyed its approval to Punjab National Bank to include its nine Additional CPPCs for disbursement of pensions as per the guidelines mentioned in the Scheme Booklet. The Bank has received the necessary privilege code from the Reserve Bank of India to start reporting of transactions made by its new Central Pension Processing Centre (CPPC) for daily settlement of pension cases.
The Additional new CPPCs are-
- CPPC Allahabad
- CPPC Mumbai
- CPPC Jaipur
- CPPC Chandigarh
- CPPC Ludhiana
- CPPC Patna
- CPPC Chennai
- CPPC Kolkata
- CPPC Bhopal
All Ministries are requested to provide necessary publicity so that retiring employees may, if they so desire, make use of facilities of Punjab National Bank for opening their pension accounts.
This issues with the approval of the Chief Controller (Pensions).
(Dy. Controller Accounts)