Business EconomyPosted at: Dec 5 2024 5:53PM


BoB now pension disbursing bank under EPS-95 in Bengal

Kolkata, Dec 05 (UNI) Bank of Baroda is now Pension Disbursing Bank in West Bengal under “The Employees’ Pension Scheme-1995”.
The MOU was recently signed by Regional PF Commissioner Krishna Shanker and General Manager & Zonal Head, Bank of Baroda, Sanjay K Tiwary.
This will benefit pensioners in West Bengal as the Bank has wide branch network in the state which will assist pensioners in their monthly pension withdrawals and document submissions etc.
The Bank has approx 300 branches and around 400 ATMs in West Bengal.

Speaking on the occasion, Tiwary said, "It is a proud moment for the Bank and great facility for pensioners of West Bengal. Bank of Baroda is known for its superior Banking services to customers and this association will enable the Bank to assist customers with pension disbursement. This will facilitate the employees of Central PSUs/ Undertakings, State PSUs/ Undertakings, Municipalities and Industrial establishments etc.in the state of West Bengal."

Shanker informed that The Employee Pension Scheme 1995 is a type of social security scheme launched by the Employees’ Provident Fund Organisation (EPFO) on 19th November 1995.
"It intends to benefit employees post their retirement. The EPFO manages the administration and assists employees who have reached 58 years of age to obtain pension. The EPS benefits stand available for both new and existing EPF members. Further he said that there are also other different types of pensions under EPS 95 pension scheme, such as pensions for widows, children, and orphans, which support the family members of the pensioner."

UNI SJC KK
Please log in to get detailed story.
Tags: #BoB now pension disbursing bank under EPS-95 in Bengal
More News

Samsung is set to launch its seventh-generation series of foldable devices

09 Jul 2025 | 4:34 PM

New Delhi, July 9 (UNI) In a much-anticipated tech move, today Samsung is introducing its seventh-generation series of foldable devices, including Galaxy Z Fold 7, Galaxy Z Flip 7, and Galaxy Flip 7 FE. The launch event will happen in Brooklyn, New York, and the live streaming will take place on Samsung Newsroom India and Samsung India's YouTube channel.

see more..

Rajparis picks actress Shruti Haasan as brand face

09 Jul 2025 | 4:07 PM

Chennai, July 9 (UNI) As it steps into a bold new era ahead of its golden jubilee
in 2030, Rajparis, one of Chennai’s most respected real estate names, today
announced its Vision 2030--unveiling of a refreshed brand identity, appointment
of popular film actress Shruti Haasan as its first-ever brand ambassador, and
the launch of a boutique luxury project, Blue Jewel, on East Coast Road (ECR).

see more..

76 land deals over 2,898 acres transacted in H1 2025, value Rs 30,885 cr

09 Jul 2025 | 2:56 PM

Kolkata, July 9 (UNI) The real estate market's unprecedented post-pandemic growth across sectors has seen large and listed developers, as well as other entities, snapping up land for various developments.

see more..

Autodesk appoints Kamolika Gupta Peres as its VP

09 Jul 2025 | 2:49 PM

Bengaluru, July 9 (UNI) Autodesk, a global leader in design and make technology, has appointed Kamolika Gupta Peres as Vice President for its India and SAARC business, effective June.

see more..

Bharti Airtel picks Ericsson to bolster FWA rollout

09 Jul 2025 | 2:12 PM

Bengaluru, July 9 (UNI) Bharti Airtel has partnered with Ericsson to bolster its Fixed Wireless Access (FWA) services in India by deploying Ericsson’s advanced core network portfolio. This strategic deployment aims to enhance Airtel’s core network capability and capacity, thereby significantly improving user experience for Airtel FWA subscribers.

see more..