The opening of the Axis Bank Pension Disbursement Account requires you to fulfil certain eligibility criteria. While creating the account, make sure you fit the eligibility for Pension Disbursement Account. Here are the eligibility criteria for the account.
Ensure your eligibility
Entities eligible for Pension Payment Savings Bank Account
Identity to be established through Pension Payment Order (PPO) issued by the concerned Pension Paying Authority
You can apply for the Pension Disbursement Account by submitting the application form along with the documents for Pension Disbursement Account, if you fall within the eligibility criteria. Here are the documents that you need to submit for Pension Disbursement Account.