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e-Payment mode for old age pension in HP, India

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Himanchal Pradesh (HP), India is all set to switchover from money orders to the e-Payment mode for disbursement of old-age pension with the assistance of the Reserve Bank of India (RBI).

The RBI will provide the software package to facilitate the e-Payment system and also proving training to staff for its implementation. Now the pension would be automatically transferred to the account of the pensioner every month. The government has chosen the welfare department for including the e-payment service. Later on it would be introduced to other departments also.

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