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Central Pension Accounting Office Approves PNB’s 9 Additional CPPCs for Pension Disbursement

Admin June 12, 2023

Authorization of 9 Additional CPPCs of Punjab National Bank

CPAO has approved Punjab National Bank’s request to add 9 additional Central Pension Processing Centers (CPPCs) for pension disbursement. The Bank has obtained the required privilege code from the Reserve Bank of India to commence reporting of transactions through the new CPPCs for daily pension settlement. The authorized CPPCs include Allahabad, Mumbai, Jaipur, Chandigarh, Ludhiana, Patna, Chennai, Kolkata, and Bhopal. Ministries are urged to publicize this information to retiring employees for their consideration in utilizing Punjab National Bank’s pension account services.

GOVERNMENT OF INDIA
MINISTRY OF FINANCE
DEPARTMENT OF EXPENDITURE
TRIKOOT, BHIKAJT CAMA PLAGE,
NEW DELHI-110066

CPAO/TT&Tech/PNB/e-13182/CPPC/Vol-II/18(i)/2023-24/79

Dated-09.06.2023

Office Memorandum

Subject: Authorization of 9 Additional CPPCs of Punjab National Bank

It is informed that the Central Pension Accounting Office (CPAO) vide its letter dated-06.06.2023 has conveyed its approval to Punjab National Bank to include its nine Additional CPPCs for disbursement of pensions as per the guidelines mentioned in the Scheme Booklet. The Bank has received the necessary privilege code from the Reserve Bank of India to start reporting of transactions made by its new Central Pension Processing Centre (CPPC) for daily settlement of pension cases.

The Additional new CPPCs are-

CPPC Allahabad
CPPC Mumbai
CPPC Jaipur
CPPC Chandigarh
CPPC Ludhiana
CPPC Patna
CPPC Chennai
CPPC Kolkata
CPPC Bhopal
All Ministries are requested to provide necessary publicity so that retiring employees may, if they so desire, make use of facilities of Punjab National Bank for opening their pension accounts.

This issues with the approval of the Chief Controller (Pensions).

(P. Deepak)
(Dy. Controller Accounts)

Filed Under: Pension

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