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 Select 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 : 0.75 % over & above the contractual deposit rate.
Rupay Select 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 Quarter
Airport Lounge (International Airport) : 2 per Year
CREDIT CARD Issuance / AMC : Free
NEFT/ RTGS/ NET Banking/ SMS Alerts/IMPS/DD : Free
Locker Facility : 50 % concession in rent
Personal/ Air Accident Insurance Cover*
PAI 24 lakhs, AAI 30 lakhs including Rupay Select debit Card. For Defense Pensioners: PAI 40 lakhs, AAI 40 lakhs including Rupay Select 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.
50 % waiver of Processing Fees may be provided for HL, VL loan
Instant Overdraft facility : Three-months net pension credited in the account, subject to max of Rs.200000/.(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 and pensioners unable to be present at the branch. In such cases the bank official visits the pensioner’s residence / hospital for the purpose of obtaining the life certificate.
Free of cost Doorstep 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.