Payment of arrears of Pension (nomination) Rule s, 1983. After the death of a Pensioner
his Bank account automatically stands closed, and arrears of Pension if any, that may be
payable, cannot be credited to his account. This amount of undrawn Pension can be paid to a person nominated by the deceased
pensioner under the payment of arrears of Pension (Nomination) Rules, 1983.
2. Banking Laws (Nomination) Act, 1983.
The payment of the amount including the pension amount which already stands
credited to the account of the eceased Pensioner in his individual capacity at the
time of his death can be made by the bank to a person in whose favor the deceased
Pensioner has made the nomination under the Banking Laws (Amendment) Act, 1983 under which the nomination facility has been made available to the depositors from 29‐3‐85.vclyii.
The Nomination for Life Time arrears families to apply for Life Time arrears .Click Here
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