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Scheme for Payment of Pensions to Central Government Civil Pensioners through Authorised Banks – Scheme Booklet.

Scheme for Payment of Pensions to Central Government Civil Pensioners

1. Board Features

1.1 The Scheme for Payment of Pensions to Central Government Civil Pensioners by Authorised Banks was introduced in stages from 1st July 1976, and was made applicable throughout the country with effect from 1st February 1977. Reserve Bank of India have authorized HDFC Bank Ltd. to make payments of pensions to Central Civil Pensioners w.e.f. 1.4.2001 and ICICI Bank Ltd., IDBI Bank Ltd and UTI Bank Ltd w.e.f. 1.10.2003 ……………………

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