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Last Updated on 24/03/2017
Pension Payment Scheme

       VARIOUS PENSION PAYMENT SCHEMES OF CENTRAL / STATE GOVT.

Pension Disbursement.

Centralised Pension Processing Centre (CPPC)

Indian Overseas Bank has centralised payment of Central Civil, Defence and Railways pensions by formation of Centralised Pension Processing Centre (CPPC). The amount of pension Payable to these pensioners drawing their pension will be calculated at a centralised level at CPPC. All Changes in pension payment parameters including arrears of DA, etc. are also to be done centrally and with this timely and accurate payment of pension is assured.

Government of India Central Civil, Defence, Railway, Telecom & Freedom Fighter Pension

Indian Overseas Bank disburses pension to Civil, Defence, Railway, Telecom and State Government retired employees , Former MPs, Former MLAs of Tamil nadu through 1032 branches.

Indian Overseas Bank disburses other Pensions Viz. Employees Provident Funds Organisation, Chennai Port Trust, Tamil Nadu Electricity Board, Madras Dock Labour Board CMPFO(Coal Miners Provident Funds Organisation) Pensions.

Pension payment Scheme for the benifit of pensioners 

In case of complaints/grievance pensioners may approach the pension paying branch. They  may also access  the  Grievance Redressal Portal of Ministry of Personnel,Public Grievance and Pensions under http://pensionersportal.gov.in/cnetizen/homepg.htm