Can a pensioner withdraw pension from his/ her account when he/ she is not able to sign or put thumb/toe impression or unable to be present in the bank?
In such cases, a pensioner can put any mark or impression on the cheque/ withdrawal form and may indicate to the bank as to who would withdraw pension amount from the bank on the basis of cheque / withdrawal form. Such a person should be identified by two independent witnesses. The person who is actually drawing the money from the bank should be asked to furnish his/ her specimen signature to the bank.
Related Questions
- Can a pensioner transfer his/ her pension account from one branch to another branch of the same bank or to the branch of another bank?
- Can the pension paying bank recover the excess amount credited to the pensioner’s account?
- When is the pension credited to the pensioners account by the paying branch?
