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Pension Disbursement Account

Manage your pension payments with ease and enjoy convenient banking services

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One of the major requisite for the pensioners post their retirement from the service, is to provide life certificates to the authorised pension disbursing agencies like the bank, following which their pension is credited to their account. In order to get this life certificate, the individual drawing the pension is required to either personally present himself/ herself before the Pension Disbursing Agency or have the Life Certificate issued by authority where he/she has served earlier, and have it delivered to the disbursing agency.

Jeevan Pramaan is a biometric enabled digital service for pensioners. Pensioners of Central Government, State Government or any other Government organization can take benefit of this facility. Jeevan Pramaan uses the Aadhaar platform for biometric authentication of the pensioner. A successful authentication generates the Digital Life Certificate which gets stored in the Life Certificate Repository. The Pension Disbursing Agencies can access the certificate on-line.

With this initiative the pensioner's requirement to physically present himself/herself in front of disbursing agency or the certification authority will become a thing of the past, benefiting the pensioners and cutting down on unnecessary logistical hurdles.

To read more details, click here

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  • 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.

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