I have a pension account from lic policy payable at punjab national bank. It stopped paying some 19 month back. On enquiry from lic after chasing multiple office branches to locate the right lic office I was informed that it was because PNB had 16 digit account no while others had 15 Earlier it was transferred thru ECS ignoring 5th digit by consent of bank and lic 19 months back the practice changed and bank refused remittance from lic. Now lic transferred by NEFT
And I was informed today 19 months arrears got paid. This is the govt that works LOL
And I was informed today 19 months arrears got paid. This is the govt that works LOL