Pension Savings Account

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 Defence Ministry.

You receive communication on receipt of the PPO (Pension Payment Order).

Click here to view the new interest rate of Savings Account.  

Free SMS alerts, access to 12,000+ Axis Bank ATMs, 2,500+ Axis Bank branches as well as internet and mobile banking services.

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 up to 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.