• Skip to main content
  • Skip to secondary menu
  • Skip to primary sidebar
  • Home
  • DOPT ORDERS 2020
  • FinMin Orders 2020
  • Railway Orders 2020
  • Contact Us

7th Pay Commission Latest news

Central Government Employees News

  • DOPPW Orders
  • 7th Pay Commission
  • Dearness Allowance
  • Dearness Relief
  • CSD Price List
  • Defence
    • Defence Pension
You are here: Home / Pensioners / Procedure for transfer of Pension Payment from one Branch/Bank to another

Procedure for transfer of Pension Payment from one Branch/Bank to another

November 10, 2022 pcadmin Leave a Comment

Procedure for transfer of Pension Payment from one Branch/Bank to another

1 Applications for transfer of pensions may fall under the following three categories:

(a) transfer from one paying branch to another of the same AB within the same station or at a different station;
(b) transfer from one AB to another within the same station (such transfers to be allowed only once in a financial year); and
(c) transfer from one AB to another AB at a different station.

2. Request falling under category (a) above may be entertained by the AB itself. In case transfer is at the same station, Link Branch will make necessary entries in the register maintained by them in the form in Annexure Vlll and forward the disbursers portion of PPO to the paying branch at which payment is desired under intimation to the Central Pension Accounting Office and the Pensioner. In case the transfer is at different station, Link Branch after keeping the requisite note will forward disbursers portion of the PPO to the Link Branch at new station for arranging payment through the new paying branch. Necessary intimation of effecting such transfer will be sent to CPAO by the new as well as old link branches in the form as at Annexure XXI for keeping a note of change in their records under intimation to the pensioner. The receiving Link Branch on receipt of the pension documents will ensure forwarding the PPO to the paying branch within three days and intimate the pensioner simultaneously as stipulated in para 10.1 above. Before forwarding the disbursers portion of PPO to the new paying branch/link branch, it will be ensured that the month upto which the payment has been made is invariably indicated in the disbursers portion of PPO.

(a) In cases falling under categories (b) & (c) above, when a pensioner applies for transfer on a simple sheet of paper the old bank (transferer paying branch) will send a letter duly signed by its Branch Manager to the Branch Manager of the new paying branch, wherever located, along with photocopy of the pensioners PPO showing the last payment made. This will be sent by Speed-post/Courier/ Regd. post to the new paying branch at the new location, along with a copy each to the pensioner, CPAO and for information to the Link Branch of the old paying branch. Simultaneously, the old paying branch will send the Banks copy of the PPO to its Link Branch, duly completing all entries for transmission to the new Link Branch. However, pensioners copy of PPO will be retained by pensioner and produced at the new paying branch.

(b) The new paying branch will commence the pension payment immediately on receipt of letter of the last payment certificate as at (a) above. Simultaneously, it will send intimation to its Link Branch with full details of the commencement of the pension. The old paying branch and its Link Branch will ensure that the banks copy of PPO is transmitted to the new paying branch through its Link
Branch.

(c) Pension will be paid for 3 months on the basis of the photocopy of the pensioners PPO at transferee (New) branch, from the date of last date of payment made at the transferer (Old) branch. During this time, it will be the joint responsibility ofboth transferer (Old) and transferee (New) bank branches to ensure that all the documents, under the procedure, are received by the transferee (New) branch within the period of 3 months.

To avoid the risk of overpayment at the time of transfer, the following certificate may be recorded on the Disburser’s portion of the PPO by the paying branch of the AB:Certified that payment of pension has been made upto the month of ……….and that this PPO consists of………… continuation sheets for recording disbursement.

Except as provided above, the transfer of a pension from one payment point to another will not ordinarily be permitted.

Annexure VIII

Annexure XXI

All About Pension

Filed Under: Pensioners

Also Read

Premature closure of NSC account pledged in favour of banks

Premature closure of NSC account pledged in favour of banks

March 31, 2023 By pcadmin Leave a Comment

Premature closure of NSC account pledged in favour of banks SB Order No. 03/2023 No. FS-10/17/2020-FSGovernment of IndiaMinistry of CommunicationsDepartment of Posts(F.S. Division) Dak Bhawan, New Delhi — 110001Dated: 27.03.2023 To,All Head of Circles / Regions Subject: Clarification … [Read More...] about Premature closure of NSC account pledged in favour of banks

Last date for linking of PAN-Aadhaar extended

Last date for linking of PAN-Aadhaar extended

March 30, 2023 By pcadmin Leave a Comment

Last date for linking of PAN-Aadhaar extended In order to provide some more time to the taxpayers, the date for linking PAN and Aadhaar has been extended to 30th June, 2023, whereby persons can intimate their Aadhaar to the prescribed authority for Aadhaar-PAN linking without facing … [Read More...] about Last date for linking of PAN-Aadhaar extended

Compulsorily Retirement under Fundamental Rules FR 56 - Lok Sabha QA

Compulsorily Retirement under Fundamental Rules FR 56 – Lok Sabha QA

March 29, 2023 By pcadmin Leave a Comment

Compulsorily Retirement under Fundamental Rules FR 56 - Lok Sabha QA GOVERNMENT OF INDIAMINISTRY OF PERSONNEL, PUBLIC GRIEVANCES AND PENSIONS(DEPARTMENT OF PERSONNEL & TRAINING) LOK SABHAUNSTARRED QUESTION NO: 3633(TO BE ANSWERED ON 22.03.2023) COMPULSORY RETIREMENT Will the PRIME … [Read More...] about Compulsorily Retirement under Fundamental Rules FR 56 – Lok Sabha QA

Maternity Leave to Defence Civilian female Industrial Employees

Maternity Leave to Defence Civilian female Industrial Employees

March 29, 2023 By pcadmin Leave a Comment

Maternity Leave to Defence Civilian female Industrial Employees No. 01(01)/2010/D(Civ-II)Government of IndiaMinistry of Defence(Department of Defence)D(Civ-Il) B-Wing, Sena Bhavan,New Delhi, the 20th March, 2023 OFFICE MEMORANDUM Subject: Maternity Leave to Defence Civilian female … [Read More...] about Maternity Leave to Defence Civilian female Industrial Employees

Cabinet approves additional 4% DA Hike from Jan 2023

Cabinet approves additional 4% DA Hike from Jan 2023

March 24, 2023 By pcadmin Leave a Comment

Cabinet approves additional 4% DA Hike from Jan 2023 Cabinet approves release of an additional instalment of Dearness Allowance to Central Government employees and Dearness Relief to Pensioners, due from 01.01.2023 The Union Cabinet chaired by the Prime Minister, Shri Narendra Modi, today has … [Read More...] about Cabinet approves additional 4% DA Hike from Jan 2023

Reader Interactions

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Primary Sidebar

All About Pension

All about Pension

Latest DOPT Orders

Reimbursement of Children Education Allowance (CEA) to Central Government servants having Divyang Children

Addendum for early closure of all the offices falling in the premises of Parliament House & Rashtrapati Bhawan in c/w forthcoming Republic Day

Early Closure of Offices in connection with Republic Day Parade/Beating Retreat Ceremony/At Home Function during January, 2023

Review of CSS Officers (Under Secretary) under FR 56(j) and Rule 48 of CCS (Pension) Rules, 1972

Year-End- Review of DoPT(Ministry of Personnel, Public Grievances & Pensions)-2022

Latest Finmin Orders

Compendium of Instructions regarding grant of House Rent Allowance to Central Government employees – FINMIN

CGEGIS 1980: Table of Benefits of saving funds from Oct to Dec 2022

Non-Productivity Linked Bonus (ad-hoc bonus) to Central Government Employees for 2021-22

FINMIN : Dearness Allowance to Central Government employees effective from 01.07.2022.

Compendium of Instructions regarding grant of Transport Allowance at double the normal rates to persons with disabilities employed in Central Government

Latest Railway Orders

Implementation of Railway Services (Revised Pay) Rules, 2016

Computer Advance Interest Rate 2022-23 for Railway Employees

Eligibility of married disabled child for family pension – Railway Board order

Grant of Leave to Probationary officers: Railway Board

Productivity Linked Bonus to all eligible non-gazetted Railway employees for 2020-2021

Categories

Copyright © 2023