How to change pension bank account

To change your pension bank account, you must follow these steps:

• Open a new savings account in the desired authorized bank and ensure it is KYC-compliant.
• Submit a formal application or bank change request form to your existing pension-disbursing branch.
• Provide necessary documents, including your PPO number, a copy of the PPO, and the first page of your new bank passbook.
• The existing bank will verify the details and transfer your records to the new bank through the Central Pension Processing Centre (CPPC).

The process typically takes 7 to 15 working days to complete.