USEFUL INFORMATION TO OUR SENIOR VETERANS-70YS AND ABOVE.
Reserve Bank has understood the difficulties and hardships faced by Senior Citizens of above 70years of age, accordingly RBI has instructed the Banks as under:
“BANKS ARE INSTRUCTED TO DISBURSE PENSION, AND OTHER BANKING TRANSACTIONS INCLUDING OBTAINING OF LIFE CERTIFICATE TO SENIOR CITIZENS OF 70 YEARS .AND ABOVE AT THEIR DOOR STEPS “
Banks are advised to implement these instructions by December 31, 2017 in letter and spirit.
AUTHORITY: Circular :DBOD No:BL BC 59/22.01.010/2006-2007 DT. 21-2-2007.
Our veteran brothers are requested to note the same and pass on to other Senior veterans.
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