Procedure for Federal Pensioners to get Pension in Bank Accounts Procedure for Direct Credit System of pension payments, prescribed by the Finance Division. Detailed as follows:Pensioners are requested to furnish Direct Credit System forms, duly attested by their banks, to AGPR (Accountant General Pakistan Revenues). Please submit the following documents: Option form - DCS You need to open a pension specific single account in any scheduled bank of your choice and get this form attested by the bank for verification of your bank account particulars. This is to be sent to AGPR. Indemnity bond on Rs.20 stamp paper, to be attested by notary public and provided to your bank. Original Pension Book You will have to return your original pension book to the bank from where you are presently drawing your pension. AGPR Office will need both halves of the pension payment order from your previous bank for revision in favor of direct. This is a one-time requirement. After completion of these formalities, your pension will be automatically credited to your bank account. For continuity of your pension you will have to submit a life certificate to you bank on the first of every March and September. This is just an internal control measure aimed at ensuring valid pension payments to our valued pensioners.
Government has also established Pension Facilitation Center to provide personalized assistance. For queries you may contact: Telephone Number: 051-9260372/107 Email: [email protected] Website: http://agpr.gov.pk/pension.html
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