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 Bank network and also request for transfer to another bank.
Features & Benefits
The Pension Saving account
is a Zero Balance Account.
Timely credit of receivables
Free International Debit Card.
Enjoy facilities such as NetBanking,
PhoneBanking, BillPay, ATM facility, inter-city and inter-branch banking.
Pension Accounts are transferable
from one branch/bank to another as per the process laid down by the
pension authorities
.
The HDFC Bank advantage
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).
Timely communication to the customer
on receipt of the PPO.
No delays in commencement of pension
disbursals (subject to all the stipulated terms/conditions are fulfilled
by the pensioner).
Timely issue of Form- 16A (by April
15th) for tax deducted at source in the immediately previous financial
year.
Timely application of revisions due
to changes in rates of Pension or Dearness Allowance.
Immediate action in case family pension
devolves to the spouse.
Apply
Now
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fill the Online
Application Form and our representative will get in
touch with you shortly.
