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anilkr
24-12-2012, 05:13 PM
On 30th April 2009, I got retired from my service on superannuation from BSNL dept and pension holder of dept.of Telecom.
Regarding my pension till 31/10/2012 from 01/05/2009, I haven't face any issue.
On 5th Dec 2012, SBI(State Bank of India - I hold pension A/C in SBI, Bankura, WB) notified me that "You have been paid an excess pension amount of 3,52,908 since 01/05/2009 to 31/10/2012. Now to adjust the position you are requested to deposit the excess amount of pension immediately. In this context, please note that an amount of Rs.10,000 has been recovered from your pension for the purpose."


I solely depends upon my pension, so I cannot pay excess amount in lump sum however I can pay
the excess amount in monthly installments of certain percentage of my pension amount.


My Questions:-
1. Is there any specific Indian law/rules which will force me to pay the excess amount in lump sum?
2. If I pay the excess amount in monthly installments then what is the lowest amount of percentage that bank can recover from my pension? For that are there any law/rules?
3. As bank has already recovered Rs.10,000 from pension- Can they recover/deduct any amount from pensioner A/C as they wish? For that are there any law/rules?


I am waiting for you answer/advise, please help us itís really urgent.

Gopal Krishan
24-12-2012, 08:35 PM
Dear anil

Normally bankers get an indemnity bodn signed in such cases of payment of pension. In your case also they must have done so. Pl check up. You may have to check up whether any overpayment was made. If yer, how much and who committed that mistake because of which overpayment was made.

With regards,


Gopal Krishan

anilkr
26-12-2012, 04:04 PM
Thanks for your reply.
The bank authority have done this mistake because of which my overpayment was made.

Yes, during opening my pension A/C, I signed an aggriment form that bank can duduct/recover the excess payment made to the pensioner's account.
But I would like to know
Can Bank recover/deduct any amount from pensioner A/C as they wish?
As a installment basis what is the lowest amount of percentage that bank can recover from my pension?


Dear anil

Normally bankers get an indemnity bodn signed in such cases of payment of pension. In your case also they must have done so. Pl check up. You may have to check up whether any overpayment was made. If yer, how much and who committed that mistake because of which overpayment was made.

With regards,


Gopal Krishan

Gopal Krishan
27-12-2012, 06:18 PM
In view of the agreemnt entered in to between the two entities the same has to be followed by the two. Please check there must be normes about the deduction in the agreement. Otherwise the bank must have laid down the same. You would have to go by the same. The same can be checked up from the Hqrs of the Bank and still if you are not satisfied a complaint can be filed with the grievance officer concerned of the Bank that can be checked from the site of the concerned Bank.


Gopal Krishan

anilkr
27-12-2012, 08:32 PM
Thanks for your reply.


In view of the agreemnt entered in to between the two entities the same has to be followed by the two. Please check there must be normes about the deduction in the agreement. Otherwise the bank must have laid down the same. You would have to go by the same. The same can be checked up from the Hqrs of the Bank and still if you are not satisfied a complaint can be filed with the grievance officer concerned of the Bank that can be checked from the site of the concerned Bank.


Gopal Krishan