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State Bank of India is proud to be associated with more than 44 lacs Pensioners and thank them for continued patronage. To cover the pensioners across the country, SBI has set up 18 Central Pension Processing Centers (CPPCs), where pension is processed electronically.
Bank has issued instructions vide e-circular dated 26.03.2024 for payment of pension at the uniform rate of 50 % w.e.f. 10th November 2023 to all such pensioners who are otherwise entitled to pension under Regulation 22 of the State Bank of India Employees’ Pension Fund Regulations, 2014.
SBI has 54 lakhs pensioners across the country which makes the bank the largest pension paying bank in India. SBI has tied up with Central Government agencies (Defence, Railways, Postal,...
3. Pension A member of the State Bank of India Employees’ Pension Fund shall be entitled for pension under Rule 22 (i) while retiring from the Bank’s service : a) After having completed 20 years’ pensionable service provided that he has attained the age of 50 years; or
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Nov 3, 2021 · The Central Board of the Bank in its meeting dated 03.11.2021 has accorded approval for revision in family pension for employees/ pensioners of State Bank of India/ erstwhile Associate Banks (e-ABs) at a uniform rate of 30% of applicable pay without any ceiling w.e.f. 01.04.2021.
Jul 28, 2020 · SBI is the largest pension paying bank in India, serving approximately 54 lakhs pensioners across the country.Pensioners drawing their pension from SBI can login to SBI Pension Seva...
Jul 26, 2020 · State Bank of India has launched a dedicated Website – named SBI Pension Seva – for the pensioners (other than staff pensioners), who have their pension account in the bank.
