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Pension Disbursement Account

Manage your pension payments with ease and enjoy convenient banking services

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Debit Card

International Debit-cum-ATM Visa Card

Zero Balance Facility

No minimum balance requirement

Demat Account at No Issuance Charge

Account opening charges waived

Safe Deposit Lockers

Preferential allotment

Features and Benefits

Features and benefits Pension Payment Savings Bank Account

  • Enjoy zero minimum balance requirement
  • Bank conveniently with Anywhere Banking available at all centres as well as access to mobile, internet and telebanking
  • Get free, multi-city, at par chequebooks
  • Bank easy with an International Debit-cum-ATM Visa Card
  • Auto Sweep and Reverse Sweep facility available for Flexi {2-in-1} Encash Deposits (subject to terms and conditions)
  • Account opening charges for demat account waived off
  • Preferential allotment of safe deposit lockers


  • Where to find the nearest Axis Branch where this account can be opened?

For a complete list of AXIS Branch where this account can be opened, click here.

  • How many Axis Branches are there to open an Pension Account?

For civil pentioners we have 218 branches and for Defence pentioners there are 151 branches.

  • How can a police official can open a defence pentioner account?

A retired police cannot open the defence pentioner account as this account allows only Army, Navy, Air Force personals.


Fixed Deposits

No Penalty on Withdrawal from your Fixed Deposit*

On First Partial Withdrawal upto 25% of your Original FD Principal value


Neo Credit-Card

Get 10% OFF*

On shopping, dining and more with NEO Credit Card


Home Loan

Axis Bank Home Loan

Pay your EMIs regularly and get 12 EMIs waived off at no extra cost


Personal Loan Zero charges

Get Axis Bank Personal Loan

Starting from Rs. 50 thousand to Rs. 15 Lakhs



Savings Accounts

Current Accounts

Salary Accounts

Other Accounts

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