SITE MAP     CONTACT US     DISCLAIMER  
   About Us     Useful Information     FAQs     Financial Education     Complaints   Other Links   Extra Curricular
Search
Period
From  
To  
Archives
   
Home >> Notification - Display
Note : To obtain an aligned printout please download the (23.00 kb ) version to your machine and then use respective software to print the story.
Date: 01/11/2010
OpeningĀ and operating the accounts of the beneficiaries of Indira Gandhi National old Age Pension Scheme (IGNOAPS)

RBI/2010-11/253
RPCD.CO.FID. BC.No. /12.01.012/2010-11

November 1, 2010

The Chaiman & Managing Director/
Chief Executive Officer
All Scheduled Commercial Banks
(Including Regional Rural Banks)

Dear Sir,

Opening  and operating the accounts of the beneficiaries of Indira Gandhi National old Age Pension Scheme (IGNOAPS).

Government of India has advised that the Committee on National Policy on Older Persons in their 4th review meeting stressed on the need for an elderly friendly policy and to take concrete steps to make available  adequate resources to this segment of the population. One of the decisions of the Committee was that the money should be directly transferred to the bank accounts of beneficiaries of Indira Gandhi National Old Age Pension Scheme.

2 Accordingly, you are advised to instruct your branches to facilitate opening of bank accounts of the beneficiaries of IGNOAPS to enable the Govt. of India to transfer the funds directly in to these accounts.

Yours faithfully

(Dr.Deepali Pant Joshi)
Chief General Manager-in-Charge

 
  © Reserve Bank of India. All Rights Reserved.

Best viewed in 1024x768 resolution in IE 5 and above.