People’s Bank has made history by becoming the first state bank to accept fingerprints of pensioners for verification purposes, in lieu of conventional life certificate.
The official launch ceremony was held at the People’s Bank Head Office with Chief Guests Former Auditor General - S. Swarnajothi and Veteran Musician - Edward Jayakody, Director General of Pensions - A. Jagath D. Dias, Additional Director General - K. A. Pathmapriya, People’s Bank Chairman - Sujeewa Rajapakse, Chief Executive Officer/General Manager - Ranjith Kodituwakku together with People’s Bank Corporate and Executive Management, Officials of the Pension Department and a large gathering of customers were also present at the event.
In keeping with the “Vistas of Prosperity and Splendour” manifesto of the Government which aims to utilize technology to enhance the efficiency and output of the State sector, the Department of Pensions recently introduced a facility that enables pensioners to use their fingerprint as verification instead of the time consuming process of obtaining and submitting a life certificate to the Department. Accordingly, with this new facility any of the nearly 650,000 pensioners in the country, irrespective of whether they are a People’s Bank customer or not, can walk into any of the selected People’s Bank branches and conveniently provide their fingerprint on a specialised electronic device.
The fingerprint is accepted as equivalent to the submission of the life certificate and is instantly updated in the Department of Pensions records. The facility is initially available at 75 People’s Bank branches across the island and will be subsequently expanded to other branches in the future.
The new technology-driven process using the fingerprint is a welcome relief to all pensioners as they will be able to attend to this verification matter conveniently by making a quick visit to a People’s Bank branch. The obtaining of the life certificate by the pensioner is annual occurrence and plays an important role in the Department of Pensions’ efforts to regulate the process of pension payments.
All pensioners are expected to obtain this life certificate through a tedious process that involves their respective Grama Niladhari Officer and Divisional Secretariat. Initially, all pensioners are mailed applications for the Pensioner Life Certificate during a particular time period of the year. More details could be obtained from www.peoplesbank.lk For 59 years People’s Bank has gone to great lengths to provide innovative financial solutions to its valued customers spread across the island.
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