The National Bank for Agriculture and Rural Development (NABARD) on June 02, 2026, notified the National Bank for Agriculture and Rural Development Pension (Amendment) Regulations, 2026, further to amend the National Bank for Agriculture and Rural Development Pension Regulations, 1993.
The following has been stated:-
•NABARD has amended the Pension Regulations, 1993, effective from June 05, 2026.
•The pension scheme eligibility has been restricted to employees who joined on or after November 01, 1993 and before January 01, 2012.
•The minimum pension and family pension amounts under various provisions have been increased from ₹3,500 per month to ₹9,000 per month.
•Family pension has been fixed at 30% of pay with a minimum of ₹9,000 per month from March 01, 2019, with proportionate benefits for part-time employees.
The detailed notification is given in the document below.
[Notification No. NB.HRMD.PPD/SA-10/2024-25]
