By Admin 
- Will take consent to return the extra payment to the pension account.
Pension Update: After retirement, the main source of income for most people is pension, through which they meet their daily expenses and medical needs. Imagine, if in such a situation money is suddenly deducted from your bank account, then it is obvious that you will be in trouble. But now there is no need to worry.
A special news has come for those receiving government pension. RBI has issued instructions to banks that now banks cannot deduct extra pension money directly from the accounts of pensioners. RBI has taken this decision so that elderly pensioners do not have to face problems like sudden withdrawal of money.
Is the bank open or closed today on Muharram? Check RBI holiday list before leaving home
Bank will not deduct money without information
- Many times, due to technical error or delay in record updating, excess money is deposited in the pensioner’s account.
- In this situation, the bank used to compensate by deducting money directly from the account.
- But now RBI has made it clear that before making any kind of recovery, the bank will have to give information.
- Also, further action can be taken only after the consent of the pensioner.
Bank will have to give notice first
- RBI made it clear that if excess pension has been deposited in someone’s account, then some important work will have to be done first.
- The bank will first have to issue a notice to the pensioner.
- In the notice, the bank will give complete information to the pensioner about the reason and amount of recovery.
- With this the pensioner will know why and when it will be deducted from the bank account.
- Along with this, RBI has also instructed banks to take a written undertaking from the customers while opening a pension account.
- It should be clearly written in this that if additional pension is paid by mistake in future, then after receiving the information the pensioner will be ready to return that money.
Today’s petrol and diesel rates have arrived, at some places the price has crossed Rs 115 and at some places it has crossed Rs 113.
Pensioners should pay special attention to these things
- Always keep checking your bank statement.
- Do not ignore any notice or message from the bank.
- Keep all your documents safely.
- For any problem related to pension, contact the bank immediately.
- Even if money is deducted from the bank, inform the bank immediately.
- Keep all these things in mind, so that you do not face any kind of problem.