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Home You are here : path  Products path Personal path Savings Bank Account for Pensioners (SBPEN)

Image  Savings Bank Account for Pensioners (SBPEN)


Individual pensioner drawing regular pension.

Quarterly Average Balance

No minimum balance requirement

Type of ATM/Debit card

Classic card

Debit Card charges

Issue charge – Free
Annual Maintenance Charge –As per applicable charges.

Access to own Bank ATM

5 transactions (financial + non-financial) per month Free.

Access to other bank ATM

3 transactions (financial + non-financial) per month at Metro or 5 transactions(financial + non-financial) per month at other centres are Free

ATM Cash Withdrawal Limit

Rs.25,000/- Per day


Rs. 50,000/- Per day

Free Personal Accident Insurance (Death) cover with debit card*

Rs 2 Lakhs

SMS Banking Charges



As per applicable charges


As per applicable charges.

Account closure -within 14 days or after 12 months


Account closure -Between 15 days to 12 months

As per applicable charges.

Non-Maintenance of QAB


*Personal Accident insurance with debit card is subject to terms and conditions of debit card policy and usage which may change from time to time.