{"id":1730,"date":"2026-04-12T06:02:40","date_gmt":"2026-04-12T06:02:40","guid":{"rendered":"https:\/\/english.bankingkhabar.com\/?p=1730"},"modified":"2026-04-12T06:03:23","modified_gmt":"2026-04-12T06:03:23","slug":"pension-renewal-can-now-be-done-from-home-no-need-to-visit-banks","status":"publish","type":"post","link":"https:\/\/english.bankingkhabar.com\/?p=1730","title":{"rendered":"Pension renewal can now be done from home, no need to visit banks."},"content":{"rendered":"

\"\"<\/a><\/strong><\/p>\n

Banking Khabar \/<\/strong> The government has simplified the pension management system, ending the hassle for more than 350,000 retired employees who previously had to stand in bank queues to receive their pensions. Finance Minister Dr. Swarnim Wagle launched the \u201ce-Pension Verification\u201d system at an event organized by the Ministry of Finance. With the introduction of this system, retired government employees will no longer need to physically visit banks for annual verification. According to the Office of the Comptroller General, pensioners will now be able to access pension-related services from their homes. New pensioners will also be able to open accounts in any convenient bank and receive services from home, with pension payments being directly deposited into their bank accounts.<\/p>\n

With the implementation of this system, the government is also expected to save commissions previously paid to banks. Earlier, the government spent an average of around Rs 150 million annually on bank commissions for pension distribution and management. Pension calculation will now also be conducted online. Finance Minister Dr. Wagle stated that the initiative has been introduced to make government services simpler, more accessible, and citizen-friendly. He added that the system will save both time and money for service recipients.<\/p>\n","protected":false},"excerpt":{"rendered":"

Banking Khabar \/ The government has simplified the pension management system, ending the hassle for more than 350,000 retired employees who previously had to stand in bank queues to receive their pensions. Finance Minister Dr. Swarnim Wagle launched the \u201ce-Pension Verification\u201d system at an event organized by the Ministry of Finance. With the introduction of […]<\/p>\n","protected":false},"author":1,"featured_media":1731,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[12],"tags":[],"class_list":["post-1730","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-banner"],"yoast_head":"\nPension renewal can now be done from home, no need to visit banks. - Bankingkhabar<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/english.bankingkhabar.com\/?p=1730\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Pension renewal can now be done from home, no need to visit banks. - Bankingkhabar\" \/>\n<meta property=\"og:description\" content=\"Banking Khabar \/ The government has simplified the pension management system, ending the hassle for more than 350,000 retired employees who previously had to stand in bank queues to receive their pensions. 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