Our payouts process is designed to ensure that Pensioners receive their payments on time without any delay. We follow a set monthly payout cycle and we advise pre retirees to submit their applications at least a month prior to their pension eligibility date. Once the application is processed there is almost no chance of a Pensioner missing a monthly payment as long as their bank account remains active or there is a requirement for payment suspension.
How we process pension applications
Step 1→ Check pension eligibility of the applicant
→ Check the form for completeness and accuracy of information.
Step 2→ Acknowledgement of form receipt.
→ Guide applicant with any required corrective actions.
Step 3→ Verification of applicant's bank account through the bank
Step 4→ Payments are deposited to pensioner bank accounts
→ All pension payments are completed within the last week of the month