The Reserve Bank of India (RBI) on April 30, 2026, issued the Reserve Bank of India [Disbursement of Government Pension by Agency Banks (ABs)] Directions, 2026.
The following has been stated namely: -
• These Directions shall be applicable to the ABs which are authorized to disburse Central Government (CG) and State Government (SG) pension.
• ABs shall act expeditiously on the basis of copies of Government Orders provided by Government to them through post, fax, e-mail, etc., and/or by regularly accessing the Government websites
• The ABs shall credit the pension amount in the accounts of the pensioners based on the orders given by respective Pension Sanctioning Authorities
• The provisions regarding the Withdrawal of pension by old/sick/disabled/ incapacitated pensioners has been stated.
[Notification No. RBI/DGBA/2026-27/399]
