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The Authorised Bank(AB) may credit the pension amount of
non-resident to a non-resident (ordinary) account opened/maintained as per
provision of the Exchange Control. The amount
of pension of a pensioner who has become non-resident may be credited to the
said account after ensuring the personal identification and other requirements
as stipulated under the Scheme (Para 12).
In case of the existing accounts, the pensioner should
intimate the fact that he has become non-resident Indian, to the pension paying
branch in India and on receipt of the same the paying branch in India should
convert the account of the pensioner to Non-resident Ordinary (NRO) Account.
The pensioner has to furnish the life certificate issued
by an authorised official of the Embassy/High Commission of India or Consul of Indian
Consulates or a Notary Public or an Officer of an Indian Authorised Bank
attached to its branch in the country where the pensioner is residing, once in
a year, in November.
The pensioner has to furnish other certificate viz.
non-employment/re-employment certificate, Re-marriage/Marriage certificate as
prescribed in the pension scheme (Annexures XVIII
& XXVI.)
The paying branches
will credit the amount of pension due
every month to the Non-resident Ordinary Account of the pensioner.
Withdrawals from the Non-Resident Ordinary Accounts will
be governed by the instructions contained in the Exchange Control Manual and
the paying branch should allow the withdrawal accordingly.
Pension credited to the Pensioner’s Non-Resident
(Ordinary) Account may be remitted by the bank to the Pensioners outside India,
in case the Non-Resident Pensioner so desires, by debit to his NR (O) Accounts
either by remittance or by credit to his NR (E) Accounts.
The paying branch should return PPOs of such Non-Resident
Indian pensioners who are drawing pension from them and are unable to furnish
the prescribed life certificate to the pension sanctioning authority for
arranging future payments to them.
The change in the citizenship by any Non-Resident Indian
pensioner will not affect his entitlement to the pension.
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