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A Pension Saving Account is a Zero Balance Account that accumulates your pension over the years. It comes with a free International Debit Card and facilities like Phone and Net Banking. You can access this Account from any branch within the HDFC network and also request for transfer to another bank.
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Features & Benefits |
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The Pension Saving account is a Zero Balance Account. |
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Timely credit of receivables |
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Free International Debit Card. |
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Enjoy facilities such as NetBanking, PhoneBanking, BillPay, ATM facility, inter-city and inter-branch banking. |
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Pension Accounts are transferable from one branch/bank to another.
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| The HDFC Bank advantage |
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Pension Accounts are opened immediately after advice, and deliverables reach in time- within the 1st and 5th of the new month (in case of EPFO) and last day of the month (in case of Central Govt. Civil Pensions). |
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Timely communication to the customer on receipt of the PPO. |
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No delays in commencement of pension disbursals (subject to all the stipulated terms/conditions are fulfilled by the pensioner). |
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Dispatch of credit advice containing detailed calculations of the amount credited each month within 10 days of the payment. |
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Timely issue of Form- 16A (by April 15th) for tax deducted at source in the immediately previous financial year. |
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Timely intimation of revisions due to changes in rates of Pension or Dearness Allowance. |
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Immediate action in case family pension devolves to the spouse.
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| Apply Now |
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Just fill the Online Application Form and our representative will get in touch with you shortly.
Other Ways to apply :
*Conditions Apply
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