Want us to help you with anything?
Request a Call back
The Bank has received formal authorization/ permission from Central Pension Accounting office (CPAO - New Delhi) for disbursement of Pension along with authorized branches, whereby the individual pensioners could receive their monthly pensions through their ICICI Bank accounts.
- Pension Payment Orders are issued by Central Pension Accounting Office, New Delhi.
- The pensioner opens an account with ICICI Bank and furnishes the account number to the Pension issuing office who, in turn, issues the PPO (Pension Payment Order) with this designated account number.
- The PPO is then sent to the Central Pension Processing Centre (CPPC) and the pensioner
- Pension is disbursed every month through CPPC Package.
The coverage of the Scheme extends to all pensioners of the Central Government employed in Civil Ministries/ Departments (other than Railways, Post and Defence), National Capital Territory of Delhi, and Union Territory Administrations without legislatures, retired Judges of the High Courts and the Supreme Court and All India Service Officers. This Scheme also covers payment of pension to former Members of Parliament and the payment of pension and other amenities to the former Presidents/ Vice Presidents of India
