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Savings Account

Pension Savings Account

Enjoy stress-free banking post retirement, with an account specially designed for pensioners

SMS APENSION to 54646

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Visa Classic Debit Card at nominal fee of Rs. 150

Personal Accident Insurance Cover

Rs. 2,00,000

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If card is swiped once, every 6 months

ATM Withdrawal Limit

Rs. 40,000 daily

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Authorised branches:

Operating the account:

To avail this facility, open a Pension 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/Departments or Pension Sanctioning Authorities (PSAs) in case 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 Central Government Civil Ministry/Department or Pension Sanctioning Authorities (PSAs) in case 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 CPAO (in case of Central Government Civil Ministries/Departments) or Ministry of Defense for change of Bank for Pension Account for receiving/drawing pension.

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