Disbursement of Railway Pension through Private Sector Banks: RBA No. 05/2025

Disbursement of Railway Pension through Private Sector Banks: RBA No. 05/2025 dated 20.03.2025

भारत सरकार Government of India
रेल मंत्रालय Ministry of Railways
रेलवे बोर्ड (Railway Board)

RBA No.05/2025

No. 2025/ AC-II/21/8/e3492048

New Delhi, dated 20.03.2025

Pr. Financial Advisors, Pr. Chief Personnel Officers,
All Zonal Railways & PUs All Zonal Railways & PUs

Sub:- Disbursement of Railway Pension through Private Sector Banks.

Ref: Board’s letter No. 2021/ ACII/9/2/e3349409 dated 21.12.2023 (RBA No.- 38/2023).

Please connect Board’s letter ibid vide which authorization of Bandhan Bank for disbursement of Railway Pension (As per RBI’s endorsement) was communicated to all Zonal Railways and Production Units (copies available in Accounts Compendium in the IR website). In this connection, it has now been confirmed that Bandhan Bank has completed all technical modalities and established full-fledged connectivity for transmission of e- PPOs in coordination with the CRIS.

The retiring employees may, therefore, be advised to facilitate their selection of Bandhan Bank for pension disbursement if they choose to do so, as of now.

signed by
Rajat Agarwal
Date: 20-03-2025 14:21:50
(Rajat Agarwal)
Joint Director Finance/CCA
Railway Board
Ph.No.011- 23047018
E mail ID: rajat.agarwal[at]gov.in