Status Check, Procedures, Facilities

Organization : United Bank of India
Service Name : United Bank of India Pensioner’s Payslip Online
Applicable For : Central Government Pensioners

View Payslip Here : https://www.unionbankofindia.co.in/english/central-pension.aspx

United Bank Pension Payslip

Enter the PPO Number or A/C Number & submit.

Related : United Bank of India E-Banking : www.statusin.in/2272.html

Know About United Personal Loan Scheme For Pensioners:
As a senior citizen of the society, you command a special respect from United Bank of India. The Bank is offering you a loan scheme for assisting you to meet your various family and personal needs after retirement.

Objective :
To extend term loan to you to meet your family and personal expenses.

Eligibility

If you are a pensioner of Central and State Governments, Central and State Governments’ Undertakings, Defense Services, reputed Companies, Educational Institutions (Universities, Institutes, Schools and Colleges) and drawing pension from any Branch of United Bank of India, you are eligible for loan under the Scheme from the Branch, where your pension is disbursed.

Age of the Borrower

Your age at the time of availing loan should be such that the entire loan is repaid before your attaining seventy five years of age.

Quantum of Loan :
A maximum of Rs 2 lac subject to 12 months’ gross pension.

Margin : Nil

Processing Charge

1.00% of the loan amount sanctioned

What are the formalities to be carried out before commencement of new pension and family pension?
Superannuation pension (New) & Direct Family Pension (New).
i) On receipt of PPO from CPPC / Link Branch, the Branch has to send a letter of intimation to the pensioner inviting him / her to turn up to the branch with bank pass book, pension related documents / intimation received from the pension sanctioning authority for identification of the Pensioner/ family pensioner.

ii) LIFE CERTIFICATE / NON-EMPLOYMENT / NON-REEMPLOYMENT CERTIFICATE / NON-MARRIAGE/ NON-REMARRIAGE CERTIFICATE to be collected from the pensioner/ family pensioner.

iii) LETTER OF UNDERTAKING witnessed by two persons to be collected from the pensioner/ family pensioner.
iv) Four copies of duly filled-in Life-Time Arrears Nomination Form witnessed by a person to be collected from pensioner/ family pensioner (Where LTA is not recorded in the PPO).

v) Obtain declaration for Fixed Medical Allowance, if applicable, and not specifically mentioned in the PPO, from the pensioner / family pensioner in prescribed format.
vi) JOINT DECLARATION with spouse (nominated for family pension in the PPO) in the Prescribed format, if joint account is opened for crediting pension.

vii) Obtain signature of the pensioner/ family pensioner in both halves of the PPO as asked by the PENSION SANCTIONING AUTHORITY.

FAMILY PENSION on expiry of Pensioner :
i) Obtain two copies of duly filled-in Application form, from the intending Family Pensioner along with all documents as mentioned in Family Pension application form supported by attested copies of death certificate of the spouse, and identify the family pensioner with PPO description.

ii) LIFE CERTIFICATE / NON-EMPLOYMENT / NON-REEMPLOYMENT CERTIFICATE / NON-MARRIAGE/ NON-REMARRIAGE CERTIFICATE to be collected from the family pensioner.

iii) LETTER OF UNDERTAKING witnessed by two persons to be collected from the family pensioner.
iv) Four copies of duly filled-in Life-Time Arrears nomination form witnessed by a person to be collected from family pensioner.

v) Obtain Declaration for Fixed Medical Allowance, if applicable, from the family pensioner in prescribed format.

NB : Where Family pension is not authorized in the PPO, Branch is to refer the matter to PSA through CPPC / Link branch for grant of family pension.

FAQ On United Bank of India Pension

Sure, here are some of the frequently asked questions (FAQ) about United Bank of India Pension:

What is United Bank of India Pension?
United Bank of India Pension is a retirement plan offered by United Bank of India. It is a defined benefit plan, which means that the amount of pension you receive will be determined by a formula that takes into account your years of service, your salary, and your age at retirement.

Who is eligible for United Bank of India Pension?
United Bank of India Pension is available to all employees of United Bank of India who are in regular service and who have completed at least 5 years of service.

How do I apply for United Bank of India Pension?
To apply for United Bank of India Pension, you will need to complete an application form and submit it to your employer. You will also need to provide proof of your employment and your years of service.

How much does United Bank of India Pension cost?
The cost of United Bank of India Pension will depend on a number of factors, including your years of service, your salary, and your age at retirement.