AOBF REFUND - UPDATE
Dear Veterans,
You are already aware that AG's Branch has taken a decision to terminate the AOBF wef 2018. They are thus in the process of refunding your contributions in a sequential manner . Presently they are handling those Veterans who were born in 1943 as also those commissioned up to 1971. The amount that will be refunded is as shown in the schedule below.
ACTION ON OUR PART - Please ring up Army HQ AG's Branch Tel No, - 011 26196217 , which is being promptly attended by a JCO. I got connected with this number in first attempt. Give your IC No to the JCO, he will immediately check your details on his computer and verify with you and your current postal address will be updated by him in his data base. They will send a letter by post at your updated postal address to obtain your bank details for sending you the cheque once your turn comes up.
It is however advisable Specially to those commissioned upt 1971 to send a letter to the AG's Branch giving all your details and enclosing a cancelled cheque of your bank account, as per sample given below:-
*********************************************
Grant from Army Officers Benevolent Fund (AOBF).
1. Subscription towards AOBF is mandatory for all Army officers including those on deputation. The existing rate of subscription is Rs. 120/- per month.
2. All subscribers to the AOBF are entitled to receive either the Platinum Grant or the Demise Grant whichever becomes applicable earlier.
3. All retired officers are eligible to receive the Platinum Grant on attaining the age of 75 years. However, in case the retired officer passes away before attaining the age of 75 years, his NOK is entitled to receive the Demise Grant. Payments will be made on the following sliding scale based on number of years of Commissioned Service : -
Commissioned Service as an Officer Amount in Rupees
(i) Below 5 years - Nil
(ii) 5 to 10 years - 12,500
(iii) 10 to 15 years - 25,000
(iv) 15 to 20 years - 38,000
(v) 20 years and more - 50,000
4. Officers who have been invalided out during service is entitled to a one time lump sum grant of Rs 50,000/- on attaining the age of 75 years as Platinum Grant or Demise Grant to his NOK in case the invalided out officer died before attaining the age of 75 years irrespective of length of commissioned service.
5. It is incumbent on all officers to file their nomination as per Appendix ‘H’, with the Director, Army Officers Benevolent Fund (AOBF),CW Dte, AG’s Branch, Army Headquarters, Room No 76, West Block –III RK Puram, New Delhi –110066 (Telephone No. 26196217). Changes, if any, will also be intimated as and when they occur.
6. While the Platinum Grant amount of Rs. 50,000/- is subject to income tax, the Demise Grant paid to the Widow is exempted. "
********************************
Appendix ‘H’
NOTE : - THE COMPLETE DOCUMENT INCLUDING THE DRAFT OF LETTER TO BE WRITTEN TO THE AG'S BRANCH ON DEMISE OF THE PENSIONER AS ABOVE CAN BE DOWN LOADED
FROM HERE - CLICK TO OPEN AND DOWN LOAD
VIEW HERE (MOVE TEXT UP WITH MOUSE IN THIS WINDOW BELOW ********
BACK HOME http://signals-parivaar.blogspot.in
Dear Veterans,
You are already aware that AG's Branch has taken a decision to terminate the AOBF wef 2018. They are thus in the process of refunding your contributions in a sequential manner . Presently they are handling those Veterans who were born in 1943 as also those commissioned up to 1971. The amount that will be refunded is as shown in the schedule below.
ACTION ON OUR PART - Please ring up Army HQ AG's Branch Tel No, - 011 26196217 , which is being promptly attended by a JCO. I got connected with this number in first attempt. Give your IC No to the JCO, he will immediately check your details on his computer and verify with you and your current postal address will be updated by him in his data base. They will send a letter by post at your updated postal address to obtain your bank details for sending you the cheque once your turn comes up.
It is however advisable Specially to those commissioned upt 1971 to send a letter to the AG's Branch giving all your details and enclosing a cancelled cheque of your bank account, as per sample given below:-
Integrated HQ of MOD (Army), AG’s Branch
Ceremonial &
Welfare Directorate (AOBF)
Room No 17 B, 2nd
Floor, West Block III
RK Puram, New Delhi – 110066
CLOSURE OF AOBF SCHEME
Sir,
Since the AOBF
scheme has been closed from 31 Dec 2017. my details as under may please be
noted for making payment so admissible to me:
Rank
|
:
|
Col
|
Bank Details
|
||
Name
|
:
|
IM Smart
|
Name & Address
|
:
|
ICICI BANK, Sec-810, NOIDA-201303
|
Service No
|
:
|
IC 19976 M
|
Savings Account No.
|
:
|
234401600543
|
Date of Retirement
|
:
|
30 jan 2001
|
IFSC Code
|
:
|
ICIC0002344
|
Date of Birth
|
19 oct 1945
|
CONTACT DETAILS
|
|||
Date of Commission
|
21 June 1968
|
EMAIL ID
|
smarty@gmail.com
|
||
MOB
|
9258678034
|
||||
Copy of a cheque is printed
here in (OR Cancelled enclosed).
Yours ever
(Brig IM Smart)
THE SCHEDULE OF REFUND IS AS UNDER :-
Its done,
Brig NK Dhand
*********************************************
Grant from Army Officers Benevolent Fund (AOBF).
1. Subscription towards AOBF is mandatory for all Army officers including those on deputation. The existing rate of subscription is Rs. 120/- per month.
2. All subscribers to the AOBF are entitled to receive either the Platinum Grant or the Demise Grant whichever becomes applicable earlier.
3. All retired officers are eligible to receive the Platinum Grant on attaining the age of 75 years. However, in case the retired officer passes away before attaining the age of 75 years, his NOK is entitled to receive the Demise Grant. Payments will be made on the following sliding scale based on number of years of Commissioned Service : -
Commissioned Service as an Officer Amount in Rupees
(i) Below 5 years - Nil
(ii) 5 to 10 years - 12,500
(iii) 10 to 15 years - 25,000
(iv) 15 to 20 years - 38,000
(v) 20 years and more - 50,000
4. Officers who have been invalided out during service is entitled to a one time lump sum grant of Rs 50,000/- on attaining the age of 75 years as Platinum Grant or Demise Grant to his NOK in case the invalided out officer died before attaining the age of 75 years irrespective of length of commissioned service.
5. It is incumbent on all officers to file their nomination as per Appendix ‘H’, with the Director, Army Officers Benevolent Fund (AOBF),CW Dte, AG’s Branch, Army Headquarters, Room No 76, West Block –III RK Puram, New Delhi –110066 (Telephone No. 26196217). Changes, if any, will also be intimated as and when they occur.
6. While the Platinum Grant amount of Rs. 50,000/- is subject to income tax, the Demise Grant paid to the Widow is exempted. "
********************************
Appendix ‘H’
NOTE : - THE COMPLETE DOCUMENT INCLUDING THE DRAFT OF LETTER TO BE WRITTEN TO THE AG'S BRANCH ON DEMISE OF THE PENSIONER AS ABOVE CAN BE DOWN LOADED
FROM HERE - CLICK TO OPEN AND DOWN LOAD
VIEW HERE (MOVE TEXT UP WITH MOUSE IN THIS WINDOW BELOW ********
BACK HOME http://signals-parivaar.blogspot.in
Is this fund being discontinued as per some circulating messages? How authentic is it? Are we required to take any action?
ReplyDeleteAOBF is being discontinued w,e,f, 01 Jan 2018.Send your request alongwith particulars and cancelled blank cheque to AOBF office for crediting the balnce in individual account on pro rata basis depending on availability of funds.
ReplyDeleteWhat amount will be paid to officers who are alive and are less than 75years old
ReplyDeleteI have received the refund as given in your table. Is it the contibution being returned having no relation with Rs 50000/- which was originally due on attaining 75 years.
ReplyDeletecol D P Gupta
ReplyDeleteI have received the refund given in your table. Is it the contribution being refunded and no relation with Rs 50000/- grant on attaining 75 Years.
From Col Promit Roy(retd); will the platinum grant still be admissible at 75 yrs after claiming the refund now.
ReplyDeleteWonder they discontinued it mod babu effort to save
ReplyDeleteA few rupees ! Mortality rate has gone down making us alive like
Old fellows ! They introduce it for people attuning
85 and above ! Hope mod will keep the pot boiling
S A RAMAIAH WG CDR TSEWA 3238
Thanks
IC06835 Maj J S Koacher E mail : koacherjoginder@yahoo.com
ReplyDeleteTried to ring up 011 26196217 not did not get any response. Had applied for refund of AOBF in Dec, 2017. I have not heard any thing from your side. Would like to know, if I am getting any refund. If yes then how much and when.
Sir,
ReplyDeleteNo V 286 Lt Col BK Viswanatha of RVC Date of commission 01 01 1969. Date of retirement 19 May 2000. Tot service 31 yrs 5 months.
I became eligible for PLATINUM GRANT OF AOBF - RS 50000/- on 19 Sep 2018. I got a letter from the AGs Branch irecting me to sen my data along with Bank details and a cancelled cheque, to facilitate them to credit the amount ddirect to my bank. I forwarded the necessary documents. I am still waiting for the money.