Payment of pension to the Central Government pensioners- Continuation of either or survivor pension account after death of a pensioner.

RESERVE BANK OF INDIA    

Ref. DGBA.GAD No.H-7386/45.01.001/2012-13                                         June 2013
                   
The Chairman / Managing Director
State Bank of India & its Associat Banks
Chairman & Managing Director
All Nationalised Banks & IDBI Ban ICICI Bank Ltd,
Axis Bank Ltd, HDFC Bnak Ltd.

Dear Sir,
 
Payment of pension to the Central Government pensioners- Continuation of either or survivor pension account after death of a pensioner

   We have been receiving complaints from the pensioners that on death of a pensioner, banks are insisting on opening of a fresh account by the widow/widower of.the pensioner for the purpose of family pension.