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Accounts

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

Fees and Charges

Authorised Branches For Civil Pension Payment:

Andaman & Nicobar Islands (U T )
Middle Point, Port Blair      
Andhra Pradesh
Venkatrajunagar, Chinnamiram Naaz Centre, Guntur Begumpet Road, Hyderabad Charminar, Hyderabad
Kukatpally, Hyderabad Suryaraopeta, Kakinada G T Road, Nellore Bhimavaram Road, Poolapalle
Rashtrapati Road, Secunderabad Tarnaka, Secunderabad Benz Circle, Vijayawada Gajuwaka, Visakhapatnam
Assam
Dispur, Guwahati      
Bihar
Jay Prakash Bhawan, Patna      
Chandigarh (UT)
Sector 35B, Chandigarh      
Chhattisgarh
Supela Chowk, Bhillai Bus Stand, Bilaspur Pandri, Raipur  
Delhi
Ashok Vihar, New Delhi Barakhamba Road, New Delhi Greater Kailash I, New Delhi Green Park, New Delhi
Karol Bagh, New Delhi Khan Market, New Delhi Krishna Nagar, New Delhi Lajpat Nagar, New Delhi
Palam, New Delhi Paschim Vihar, New Delhi Rajinder Nagar, New Delhi Saket, New Delhi
Swasthya Vihar, New Delhi Vasant Kunj, New Delhi Vikaspuri, New Delhi Vishal Enclave, New Delhi
Goa
Madgaon, Madgaon Angod, Mapusa Borkar Road, Panjim Swatantra Path, Vasco Da Gama
Gujarat
Ellis Bridge, Ahmedabad Maninagar, Ahmedabad Vastrapur, Ahmedabad Vejalpur, Ahmedabad
Sector 12B, Gandhidham Jamnagar, Jamnagar Panchayat Office, Madhapar Highway Road, Mehsana
Kalawad Road, Rajkot Ghod Dod Road, Surat Vardhaman Complex, Vadodara Mota Bazar, Vallabh Vidyanagar
GIDC, Vapi      
Haryana
Ballabhgarh, Faridabad DLF City , Gurgaon HUDA, Gurgaon Sector 10, Panchkula
Himachal Pradesh
Kasumpti, Shimla      
Jammu & Kashmir
Highland Tower, Jammu      
Jharkhand
Bokaro Steel City, Bokaro Sri Ram Plaza, Dhanbad Bistupur, Jamshedpur Albert Ekka Chowk, Ranchi
Karnataka
Tilakwadi, Belgaum Banashankari, Bengaluru Basaveshwaranagar, Bengaluru Cox Town, Bengaluru
Indira Nagar, Bengaluru Jayanagar, Bengaluru Koramangala, Bengaluru Malleswaram, Bengaluru
P B Road, Davangere B M Road, Hassan Deshpande Nagar, Hubli Essel Towers, Mangalore
Diana Circle, Udipi      
Kerala
Calicut, Calicut Muneeswarankoil Road, Kannur Rajaji Road, Kochi Chinnakada, Kollam
General Hospital Road, Pathanamthitta Pattom, Thiruvananthapuram City Centre, Thrissur  
Madhya Pradesh
M P Nagar, Bhopal Kanwal Complex, Gwalior Kamal Palace, Indore Wright Town, Jabalpur
Maharashtra
Swastik Chowk, Ahmednagar Kranti Chowk, Aurangabad Bhigwan Road, Baramati M G Road, Jalgaon
Andheri (W), Mumbai Bandra (W), Mumbai Bandra-Kurla Complex, Mumbai Borivali (W), Mumbai
Dadar, Mumbai Fort, Mumbai Ghatkopar (E), Mumbai Goregaon (W), Mumbai
Khar (W), Mumbai Malad, Mumbai Mulund (W), Mumbai Napean Sea Road, Mumbai
New Marine Lines, Mumbai Vile Parle (E), Mumbai Vile Parle (W), Mumbai Worli, Mumbai
Nashik, Nashik Panvel, Navi Mumbai Vashi, Navi Mumbai Bund Garden, Pune
Kothrud, Pune Pimpri, Pune Wanawadi, Pune G D Tapase Marg, Satara
Naupada, Thane Vasai (W), Thane Virar (W), Thane  
Orissa
Subhra Plaza, Balasore Tata Benz Square, Berhampur Satyanagar, Bhubaneshwar Badambadi, Cuttack
Punjab
Court Road, Amritsar Jalandhar, Jalandhar Mall Road, Kapurthala The Mall, Ludhiana
G T Road, Malout S A S Nagar, Mohali Nabha, Nabha The Mall Road, Patiala
Pakhowal Road, Phullanwal      
Rajasthan
Ashok Marg, Jaipur Tilak Nagar, Jaipur Residency Road, Jodhpur Shopping Centre, Kota
Saheli Marg, Udaipur      
Sikkim
M G Road, Gangtok      
Tamil Nadu
Anna Nagar, Chennai Anna Salai, Chennai Madipakkam, Chennai Mylapore, Chennai
T Nagar, Chennai Velachery, Chennai Virugambakkam, Chennai Avinashi Road, Coimbatore
Jawahar Bazaar, Karur Goods Shed Street, Madurai Ettines Road, Ooty Omalur Main Road, Salem
Thillai Nagar, Tiruchirapalli Court Street, Tirupur Palayamkottai Road, Tuticorin  
Uttar Pradesh
Sanjay Place, Agra Civil Lines, Bareilly Nehru Nagar, Ghaziabad Kanpur, Kanpur
Gandhidham, Meerut Sector 16, Noida    
Uttarakhand
Rajpur Road, Dehradun Adarsh Gram, Rishikesh Nainital Road, Rudrapur  
West Bengal
Apcar Garden, Asansol Shantiniketan Road, Bolpur Burdwan, Burdwan City Centre, Durgapur
Malancha Road, Kharagpur Baguiati, Kolkata Behala, Kolkata CIT Road, Kolkata
Dunlop Bridge, Kolkata Golpark, Kolkata Kankurgachi, Kolkata Konnagar, Kolkata
Nabapally, Kolkata Salt Lake City, Kolkata Shakespeare Sarani, Kolkata Shyambazaar, Kolkata
Sevoke Road, Siliguri Main Road, Tamluk    

Operating the account:

To avail this facility, open a Pension Payment Savings Bank Account with any authorised Axis Bank branch and provide the account details to the Pay and Accounts Office (PAO) of the concerned Central Government Civil Ministry, prior to retirement.
If you are an existing Axis Bank customer, provide details of the savings bank account with the bank to the Pay and Accounts Office of the concerned Central Government Civil Ministry, prior to retirement.

To avail this facility, open a Pension Payment Savings Bank Account with any authorised Axis Bank branch and thereafter following the necessary procedures prescribed by CPAO for change of Bank for Pension Account for receiving/drawing pension.

To avail this facility, open a Pension Savings Bank Account with any authorised Axis Bank branch and provide the account details to the Pension Sanctioning Authorities (PSAs) of Defense Units, prior to retirement.
If you are an existing Axis Bank customer, provide details of the savings bank account with the bank to the Pay and Accounts Office of the concerned Pension Sanctioning Authorities (PSAs) of Defense Units, prior to retirement.

To avail this facility, open a Pension Savings Bank Account with any authorised Axis Bank branch and thereafter following the necessary procedures prescribed by the Ministry of Defense for change of Bank for Pension Account for receiving/drawing pension.

First 25 cheque leaves free, per account, per month.

HAVE QUERIES?

  • 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.

READ MORE

  • 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.

READ MORE

  • 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.

READ MORE

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