LIFE CERTIFICATE FOR PENSIONERS RECEIVING PENSION FROM BANK – TTO BE FURNISHED IN NOVEMBER 2016

1 Nov

CERTIFICATES to banks and Post Offices. This can be one in your home Bank Branch or Post Office from 1.11.16 to 30.11.16. If the pensioner failed to give LIFE CERTIFICATE then his pension will be stopped from next month.

In the matter of Life Certificate RBI clarified as follows:

“Is it compulsory for a pensioner to furnish a Life Certificate/Non-Employment Certificate or Employment Certificate to the bank in the month of November?”

“Yes. The pensioner is required to furnish a Life Certificate/Non –Employment Certificate or Employment Certificate to the bank in the month of November every year. However, in case a pensioner is unable to obtain a Life Certificate from an authorized bank officer on account of serious illness / incapacitation, the bank official will visit his/her residence/ hospital for the purpose of recording the life certificate.”