Dear veteran brothers,
There is a doubt being raised by many
of us regarding the Benefits
under DSP (Defence Salary Package) accounts after our pension a/c migration to SPARSH.
This DSP account is presently in PNB and SBI.
We all know that, there
are so many benefits to DSP account
holders.
Pension is being credited in the DSP account holders in PNB and
SBI. The pension was processed and disbursed through CPPC of PNB and SBI. This was OK. But
now, most of our accounts are migrated
to SPARSH and CPPC of banks have no role
to play.
Here only the doubt
arises. As the pension is not credited
by CPPC of Banks, whether the benefits
of DSP is still available to us after migration to SPARSH .
There were many
queries from many ESM associations and veterans.
It is now clarified that, those who have DSP account with the Banks and their pension is credited by whether CPPC
or SPARSH ,are eligible for the benefits of DSP accounts.
Punjab National Bank has
issued a circular in this regard confirming the benefits.
PNB Rakshak Plus Scheme - in their circular 04/2024 dated 12-03-2024..
It is also confirmed from
our ARUPPUKOTTAI ESM WELFARE ASSOCIATION- They have informed that the benefit is
availed for one veteran who died in an
accident recently..
This DSP scheme
benefit is also available to Para
Military forces like BSF, CRPF, CISF, ITBP etc.
Our Veterans may
please share this information to all others.
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