Central Sanskrit UniversityState Bank of India2025-06-262023-02-18http://164.52.194.124:4000/handle/123456789/171A Memorandum of Understanding was signed on 18th February 2023 at New Delhi between Central Sanskrit University and the State Bank of India to facilitate pension disbursement services to CSU's retired employees across India. Under this MoU, SBI will act as the authorized agency to credit pensions through its network of base branches, with Delhi Cantt Branch designated as the Link Branch and SBI Chandni Chowk as the Centralised Pension Processing Centre. The agreement outlines the responsibilities of the base branches, link branch, and CPPC in ensuring timely credit of pensions, submission of life and other certificates, maintaining pension-related documents, and handling grievances. CSU will maintain sufficient funds and a Fixed Deposit of ₹3 crore in SBI, and also indemnify the bank against any claims or losses. The MoU ensures efficient and coordinated pension delivery to all existing and future CSU pensioners.Pdfen© Central Sanskrit University & State Bank of IndiaMoUMemorandum of UnderstandingTDS DeductionMinistry of EducationPension Payment OrdersPensioner Life CertificateCore Banking SystemOther