ATTENTION VETRAN BROTHERS SERIES- 39

 

                HARDSHIP FACED BY NOMINEES IN GETTING LTA OF        PENSIONERS.

 

 There is provision, compulsory for Nomination  all Deposits/ Safety Lockers in Banks as per  BANKING LAW ( Nomination ) Act 1983.

There is also Nomination exclusively for Pension arrears- LIFE TIME ARREARS.

RBI  INSTRUCTIONS ARE CLEAR IN THIS REGARD.

 But , some Banks  demand Legal heir certificate  and their consent  for payment to the Nominee like normal Death claim  procedure thus the very purpose of nomination is defeated.

To avoid Hardship in claiming  the LTA of a deceased pensioner by Nominee, 

 it is advised  that  the Nomination  FORM-A   as per RBI instructions may be submitted  by the Pensioners in Triplicate  and confirm having uploaded in the system.

All our Ex-Servicemen Associations/  Organisations  are requested to guide  the veterans and Families in their area  in submitting the Nomination in Form.A.

 

Authority: RBI: Ltr No: GA/NB-2240/GA-64( 11-RLY MISC) 91-92 of 24-02-1992 and            

   RBI; GA/NB-484/GA-64( 11-Rly.MISC) 92-93 dated 02-09-1992

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NOMINATION FOR LIFE TIME ARREARS (FORM – A)            (See Rule 5)    (To be submitted in Triplicate) Pension Disbursing Authority/Head of Office (Name of Bank/Treasury/Post Office/Accounts Office etc.) (Place) ……………………………………………………………… I ………………………………………………………………………………………………….. hereby nominate the person named below under rule 5 of the Payment of Arrears of Pension (Nomination) Rules, 1983. 1. Name and address of the nominee         : 2. Relationship with the pensioner         : 3. Date of Birth               : 4. Name and address of the person who may receive the said pension :                                                                      during the nominee’s minority (if the nominee is minor) 5. Name and address of other nominee in case the nominee under :                                           column (1) above predeceases the, Pensioner 6. Relationship with the pensioner         : 7. Date of birth if the other nominee is a minor       : 8. Name and address of the person who may receive the pension :                                                       during the other nominee’s minority 9. Contingency on happening of which nomination shall become invalid : Place:    Signature (or thumb impression if illiterate) and the              name of the pensioner   Date: Witness’s Signature: Name and Address: Signature of Pension Disbursing Authority/Head of Office Acknowledgement to be sent by the Pension Disbursing Authority/Head of Office Certified that application/nomination has been received from …………………………………………………………………… (Name of the pensioner) whose address is …………………………………………………………………………………………………..   Place: Signature of Pension disbursing Authority/Bank/Treasury/Post Office/ Accounts Office/Head of Office Date: Full Address ……………………………………………………