Offers Health Insurance through Associate partners
Offers Value additions and benefits with products
Free Personal Accident Insurance & Air Accident Insurance Cover.
No minimum balance requirement
Rupay Platinum Debit card issuance / AMC : Free
Airport Lounge access
Credit Card Issuance / AMC : Free
NEFT/ RTGS/ NET Banking/ SMS Alerts/IMPS/DD : Free
Concession in locker rent
Instant Overdraft facility
TD Sweep in / Sweep Out facility available
Concession on Medicine purchase
CPPC Helpline
Pension Seva portal with various service offer
Pension Grievance Redressal System (GRS)
Initial Balance : Zero
No minimum balance requirement
Loan against Deposits : 1.00% over & above the contractual deposit rate.
Rupay Platinum Debit Card with free issuance / AMC
ATM Cash Withdrawal limit: Rs. 100000/ per day.
ATM Transactions: Free unlimited at our Bank ATMs.
Airport Lounge (Domestic Airport) : 2 per Calendar Quarter
Airport Lounge (International Airport) : 2 per Year
CREDIT CARD Issuance / AMC : Free
NEFT/ RTGS/ NET Banking/ SMS Alerts/IMPS/DD : Free
Locker Facility : 25% concession in rent
Personal/ Air Accident Insurance Cover*
PAI 16 lakhs, AAI 20 lakhs including Rupay platinum debit Cards.
For Defense Pensioners: PAI 40 lakhs, AAI 40 lakhs including Rupay
Platinum Debit Card.
*Insurance will be available till pensioner attains the age of 65 years.
Health Insurance : Health Insurance policy from Associated partners
Concession for Medicine : Up to 25% as per Bank Tie-ups on Time to time basis through ai1 app at present.
No Processing charge for Pension loan.
25% waiver of Processing Fees may be provided for HL, VL loan
Instant Overdraft facility : Two-month net pension credited in the account, subject to max of Rs.100000/.(The overdraft facility will be subject to regular credit of pension for at least 2 consecutive months, Max age for availing the benefit: 75 years)
CPPC Helpline
Pension Seva portal
Pension Grievance Redressal System (GRS) : Maximum timeline of two weeks for resolution of Grievances
TD Sweep in / Sweep out facility.
Special Facility to Physically challenged /incapacitated pensioners who are unable to be present at branches. In such cases bank officials visit the pensioner’s residence/hospital for the purpose of obtaining life certificate.
Free of cost Door Step Banking service for life certificate collection may be provided , apart from Jeevan Praman available through ai1 App.
Pensioner/Prospective pensioner including all the employees retired on voluntary basis or normal retirement, who has given mandate for credit of their pension in the account including Defence personnel. Account will be opened preferably jointly with spouse only, with operational instructions of Former/Survivor. However, the benefits will be with the first holder as Pensioner. The account may be opened with single name of pensioner also.
Monthly Pension credit : Monthly pension Up to Rs.50000.
Application as per Bank’s prescribed form.
Two recent passport size photographs.
Proof of Identity and Proof of Address as per KYC norms.
Any other document required by Bank.
Refer SB Interest Rate Page and Service Charges Page.
1800 1030
