Accountal of interest payable/received on refund of employee’s share under NPS: Railway Board RBA-01/2026

Accountal of interest payable/received on refund of employee’s share thereon under RSPR(1993) in the event of death of railway servant covered under NPS or his discharge on the ground of disablement or invalidation- ACS No.16 to Indian Railways Finance Code Vol-1.

भारत सरकार Government of India
रेल मंत्रालय Ministry of Railways
रेलवे बोर्ड (Railway Board)

RBA No. 01/2026

No. 2008/AC-II/21/19/ 3520819

New Delhi, dated: 17.01.2026

1.General Managers/FA&CAOs etc(As per standard List)
2.All attached offices/Subordinate Offices (As per standard List II)

Sub: Opening of a new Detailed Head – for accountal of interest payable/received on refund of employee’s share with returns thereon on availing of benefits under RSPR(1993) in the event of death of railway servant covered under NPS or his discharge on the ground of disablement or invalidation- ACS No.16 to Indian Railways Finance Code Vol-1.

Ref:- Board’s letter No. 2024 /F(E)III/NPS1/5 dated 26.03.2025 (RBE No. 23/2025)

Attention is invited to Board’s letter cited above. In order to facilitate accountal of interest payable and interest receivable, as has been envisaged in this letter, it has been decided to introduce two New Detailed Heads under Sub Major Head 11 Erstwhile Demand No. 13 – Abstract ‘L’.

The details of these new detailed Heads and corresponding Subheads is given in the ACS 16 dated 17.01.2026 attached along with this letter.

Kindly note and notify all concerned. Kindly acknowledge receipt.

DA: As above

Digitally Sd/-
(Rajat Agarwal)
Jt. Director Finance (CСА)
Railway Board

Advance correction slip No. 16

Indian Railway Finance code vol. (Second Reprint Edition 2022)

(Classification of Revenue Expenditure (Appendix-l)

Please introduce the following Detailed Head under Major Head 3002 & 3003 Sub Major Head 11 Erstwhile Demand No. 13 – Abstract ‘L’ as mentioned hereunder:

Under Sub Head- 650:

Under Sub head-940

(Authority – Board’s letter no. 2008/AC-II/21/19 DATED 17.01.2026)