EXWEL TRUST: PENAL INTEREST FOR DELAYED PAYMENT OF PENSION

Saturday, January 22, 2011

PENAL INTEREST FOR DELAYED PAYMENT OF PENSION

80 Years and above veteran is being briefed about the
compensation for delayed pension/arrears payment.

COMPENSATION FOR DELAYED PAYMENT OF

PENSION AND ARREARS

Reserve Bank of India has issued a Master circular.

Ref:Do.No. CSD.CO/ 8703/13.01-001/2009-10 dated April 2010 and

RBI/ 2010-11/88 dated Jul 01, 2010.

“ Pension paying Banks should compensate the pensioners for delay if any in Crediting the pension/ arrears thereof by paying compensation at Bank rate plus 2% penal interest for the delay after the due date automatically without waiting for any claim from the pensioners. This is effective from 01-10-2008. “

Dear Veteran brothers , please do not hesitate to report / claim the interest for delayed payment of your dues.

You can approach our Trust for any guidance.

1 comment:

Murali Krishna ChaturvediJune 13, 2011 at 11:15 PM
The Above Master Circular can be downloaded from this ling

http://www.scribd.com/doc/47808816/Rbi-Master-Circular-Dt
ReplyDelete
Replies

Add comment

Subscribe to: Post Comments (Atom)

A GUIDE BOOK ON DEFENCE PENSION

EXWEL TRUST HAD RELEASED A BOOK

"A GUIDE TO DEFENCE PENSION" IN ENGLISH.

IT IS A VERY USEFUL BOOK. EVERY EX-SERVICEMAN

AND THEIR ASSOCIATION MUST HAVE THIS BOOK.

COST OF THIS BOOK IS RS.50 ONLY.

COST OF 5 BOOKS RS.300 INCLUDING POSTAGE.

COST OF 10 BOOKS RS.500 INCLUDING POSTAGE.

PLEASE SEND MONEY ORDER TO

EXWEL TRUST,

3D ST.MARK STREET,

JOHNS HIGH SCHOOL ROAD,

SAMATHANAPURAM,

TIRUNELVELI 627002.

PHONE:04622575380

9894125019, 9786449036, 9894152959, 9442801632

PLEASE SEND MONEY ORDER TO

FLT.LT.M.P.NATARAJAN OF EXWEL TRUST.

A GUIDE BOOK ON DEFENCE PENSION (IN TAMIL)

A GUIDE BOOK ON DEFENCE PENSION (IN TAMIL) RELEASED ON 23.12.2012. CONTACT EXWEL TRUST, NO.15 MILITARY LINES PALAYAMKOTTAI, TIRUNELVELI 627002. PHONE NO.9894152959.0462-2575380. A MUST TO READ BOOK FOR EVERY DEFENCE PENSIONER. OUR ACCOUNT NO.1114201001850. CANARA BANK IFS CODE CNRB0001114. PALAYAMKOTTAI. TEN BOOKS COST RS.1000/- (INCLUDING COURIER CHARGES) YOU CAN SEND THROUGH CORE BANKING FROM CANARA BANK OR THROUGH N.E.F.T THROUGH ANY BANK.TO CANARABANK AT PALAYAMKOTTAI. TIRUNELVELI 627002.

EX-SERVICEMEN & SOCIAL WELFARE TRUST

A blog created for the welfare of the ex-servicemen and their families spread throughout the country.

There are many people who want to help the poor. The ex-wel trust will identify the deserving poor and link with the donor.

The problems faced by aged pensioners are sorted out by the volunteers of the Trust regularly.

The problems of the family pensioners are attended promptly. The arrears payable to these pensioners are claimed correctly and arrangements are made to pay the pensioners.

Poor children are helped in education. The activities of the trust is posted regularly in the blog.

EXWEL TRUST

Saturday, January 22, 2011

PENAL INTEREST FOR DELAYED PAYMENT OF PENSION

1 comment:

VERY USEFUL MESSAGE FOR VETERANS AND FAMILY PENSIONERS.

Search This Blog