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Whether a Joint Account can be continued for family pension after death of a pensioner?

By IndianMoney , 5 months ago

1. Yes, the banks shouldn't insist on the opening of a new account in case of Central Government pensioner, if the spouse in whose favor an authorization for family pension exists in the Pension Payment Order is the survivor. 2. The family pension whould be credited to the existing account without opening a new account by the family pensioner for this purpose.

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