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eDGE Loyalty Rewards
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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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Debit Card

Visa Classic Debit Card at nominal fee of Rs. 150

Personal Accident Insurance Cover

Rs. 2,00,000

x

If card is swiped once, every 6 months

ATM Withdrawal Limit

Rs. 40,000 daily

Axis eDGE Rewards

Earn reward points for completing transactions

Features and Benefits

RBI and Central Pension Accounting Office (CPAO and EPFO) authorised account for disbursement of pension for existing and prospective pensioners of Central Government, Civil Ministries/Departments and Defense Ministry.
You receive communication on receipt of the PPO (Pension Payment Order).
Quarterly interest earned on Pension Savings Account will be credited on the last Saturday of every quarter for the first three quarters and on the last day of the fourth quarter of any financial year.
No average quarterly balance requirements
  • Free & Unlimited multicity chequebooks
  • Nil charges on DD/PO issuance
  • Unlimited Cash transactions with no cap on value
  • Free and Unlimited transactions at all Axis and Non Axis ATMs
  • Visa Classic Debit Card at an issuance fee of Rs. 200 and annual fee of Rs. 150 in metro and urban locations
  • High daily withdrawal limits of Rs. 40,000 at ATMs and Rs. 1,00,000 for shopping transactions
  • Free personal accident insurance* cover of Rs. 2 lakhs upon swiping your card once every 6 months*
  • Combined Lost Card Liability and Purchase Protection Liability of upto Rs. 50,000 to protect debit card from fraudulent use and also cover for damage or loss of articles purchased using the debit card.
eDGE Loyalty Rewards points for transactions and 500+ rewards and offers to redeem points
Earn points for these transactions:
  • Monthly credit transactions of Rs. 50,000 or more
  • Electronic Clearance System transactions
  • Providing Standing Instructions
  • Opening a Recurring Deposit account of Rs. 2,000 or more
  • Opening an AxisDirect account
  • Maintaining a minimum monthly balance of Rs. 25,000
For options to redeem points, check the eDGE Loyalty Rewards Catalogue.

Please click here to view the terms and conditions

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