Reserve Bank of India


November 9, 2017

All Scheduled Commercial Banks (including RRBs)
All Small Finance Banks and Payments Banks

Dear Sir/ Madam

Statement on Developmental and Regulatory Policies – October 4, 2017-Banking Facility for Senior Citizens and Differently abled Persons

Please refer to Paragraph 8 of Statement on Developmental and Regulatory Policies, released by Reserve Bank of India on October 4, 2017 as part of Fourth Bi-monthly Monetary Policy Statement 2017-18, a copy of which is enclosed. It has been observed that there are occasions when banks discourage or turn away senior citizens and differently abled persons from availing banking facilities in branches. Notwithstanding the need to push digital transactions and use of ATMs, it is imperative to be sensitive to the requirements of senior citizens and differently abled persons.

2. In view of the above, banks are required to put in place appropriate mechanism with the following specific provisions for meeting the needs of such customers so that they are able to avail of the bank’s services without difficulty.

(a) Dedicated Counters/Preference to Senior Citizens, Differently abled persons

Banks are advised to provide a clearly identifiable dedicated counter or a counter which provides priority to senior citizens and people who are differently abled including visually impaired persons.

(b) Ease of submitting Life Certificate

As per extant guidelines issued by Department of Government and Bank Accounts, in addition to the facility of Digital Life Certificate under “Jeevan Praman” Scheme (refer circular DGBA.GAD.H-2529/45.01.001/2014-15 dated December 9, 2014), pensioners can submit physical Life Certificate form at any branch of the pension paying bank. However, it is observed that often the same is not updated promptly by the receiving branch in the Core Banking Solution (CBS) system of the bank, resulting in avoidable hardship to the pensioners. It is, therefore, advised that banks shall ensure that when a Life Certificate is submitted in any branch, including a non-home branch, of the pension paying bank, the same is updated/ uploaded promptly in CBS by the receiving branch itself, to avoid any delay in credit of pension.

(c) Cheque Book Facility

(i) Banks shall issue cheque books to customers, whenever a request is received, through a requisition slip which is part of the cheque book issued earlier.

(ii) Banks are advised to provide minimum 25 cheque leaves every year, if requested, in savings bank account, free of charge.

(iii) Banks shall not insist on physical presence of any customer including senior citizens and differently abled persons for getting cheque books.

(iv) Banks may also issue cheque books, on requisition, by any other mode as per bank’s laid down policy.

It is further clarified that providing such facility in BSBDA will not render the account to be classified as non- BSBDA (c.f. Bank’s response to query number 14 and 24 of our circular “DBOD.No. Leg. BC.52/09.07.005/2013-14 dated September 11, 2013 on Financial Inclusion – Access to Banking Services – BSBDA – FAQs”).

(d) Automatic conversion of status of accounts

Presently, in some banks, even fully KYC – compliant accounts are not automatically converted into ‘Senior Citizen Accounts’ on the basis of date of birth maintained in the bank’s records. Banks are advised that a fully KYC compliant account should automatically be converted into a ‘Senior Citizen Account’ based on the date of birth available in bank’s records.

(e) Additional Facilities to visually impaired customers

Banks are advised that the facilities provided to sick/old/incapacitated persons vide Paragraph 9 of our Master Circular DBR.No.Leg.BC.21/09.07.006/2015-16 dated July 1, 2015 on Customer Service in Banks (regarding operations of accounts through identification of thumb/toe impression/mark by two independent witnesses and authorizing a person who would withdraw the amount on behalf of such customers) shall also be extended to the visually impaired customers.

(f) Ease of filing Form 15G/H

Banks are advised to provide senior citizens and differently abled persons Form 15G/H once in a year (preferably in April) to enable them to submit the same, where applicable, within the stipulated time.

(g) Door Step Banking

We have issued instructions on Doorstep Banking vide circular DBOD.No.BL.BC.59/22.01.010/2006-2007 dated February 21, 2007 under Section 23 of Banking Regulation Act, 1949. However, in view of the difficulties faced by senior citizens of more than 70 years of age and differently abled or infirm persons (having medically certified chronic illness or disability) including those who are visually impaired, banks are advised to make concerted effort to provide basic banking facilities, such as pick up of cash and instruments against receipt, delivery of cash against withdrawal from account, delivery of demand drafts, submission of Know Your Customer (KYC) documents and Life certificate at the premises/ residence of such customers.

3. Banks are advised to implement these instructions by December 31, 2017 in letter and spirit and give due publicity in their bank branches and website.

Yours faithfully

(Saurav Sinha)
Chief General Manager

Statement on Developmental and Regulatory Policies, Reserve Bank of India issued by the Governor on October 4, 2017

8. Banking Facility for Senior Citizens and Differently abled Persons

It has been reported that banks are discouraging or turning away senior citizens and differently abled persons from availing banking facilities in branches. Notwithstanding the need to push digital transactions and use of ATMs, it is imperative to be sensitive to the requirements of senior citizens and differently abled persons. It has been decided to instruct banks to put in place explicit mechanisms for meeting the needs of such persons so that they do not feel marginalized. Ombudsmen will also be advised to pay heed to complaints in this context. Necessary instructions in this regard will be issued by end-October 2017.

More Under Fema / RBI


  1. Csn says:

    Welcome move to reach out to SR ctzns.Indian bank, mylapore Chennai has put up a board advising of PF pensioners to submit Life certificate to PF office . Said they will not accept certificate at the branch.

  2. Venkat Narayan Moni says:

    While it is a good start from RBI for helping Sr. Citizens and handicapped persons, following changes in the entries in passbooks will mitigate the hardship faced.
    1/ SRL. NO. may be retained, though not very helpful, as each page starts with nr.1.
    2/ DATE: To be retained.
    3/ PARTICULARS: Heading to be changed to: PAYOR or PAYEE. Presently, vague entries like a/ CR b/ DR c/ CLG d/ ECS etc. are not helpful. If amount of credit entries especially are same, one has to incur a lot of time, effort, money by way of transport to the bank for ascertainment, the payor’s name when one ECS credit is missing.
    Similarly, for debits, PAYEE’s name is missing, account holder has to verify his cheque book and make a notation for eventual query, if any, from tax authorities. When payee’s name is available in the cheque, it should be mandatory for the banks to mention same. For credits also, mentioning PAYOR’s name must be made mandatory.
    4/ CHEQUE column Should be re-designated as: CHEQUE/REFERENCE: Cheque (either CR or DR) no., TXN no. For ATM/POS/ECS/RTGS etc. should be mentioned for ease of reference.
    5/ Both debit/credit columns may be combined into one to conserve space. DR amounts could be suffixed with (-) or affixed with D. CR amounts could be left alone or suffixed with + (if necessary)/ or affixed with C.
    6/ BALANCE: Needless to say that it should reflect the total amount (previous balance (-) DR) or previous balance + CR.
    7/ An additional column for Customers use should be added.
    This reform will not only help SR. Citizens/Handicapped persons, but also all account holders all over India, save time, effort, transport, and also to a great extent Bank’s time and effort when customers approach them through letters/e-mail/personal visit, etc.
    A little more co-operation/co-ordination, between, PAYOR’s bank, RBI clearing house, and recipient Bank will help achieve this. Every time I have gone to my banker for clarifying, they mention that they upload the floppy received from RBI. Once pressed, they take out the printed statements and invariably find the PAYOR’s name!!

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