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Can a pensioner transfer his/her pension account from one branch to another branch of the same bank or to the branch of another bank?

Indian

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Ans:
(a) Pensioner can transfer his /her pension account from one branch to another branch of the same bank within the same centre or at a different centre.
(b) He/she can transfer his /her account from one authorized bank to another within the same centre (such transfers to be allowed only once in a year);
(c) He/ she can also transfer his/ her account from one authorized bank to another authorized bank at a different centre.
 




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