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The Pension Savings account is specifically, designed for Pensioner’s keeping in mind the fact that banking requirements of a pensioner are totally different and requires special attention. All of the below individuals are eligible to open a Pension Savings Account with Union Bank of India.
The Pension Savings Accounts can be Single or Joint Bank Accounts (with Spouse). Benefits
Process:
Submission of Life Certificate The pensioner is required to submit his/ her life certificate physically to any branch of Union Bank of India or digitally through https://jeevanpramaan.gov.in/ to enable the Bank to pay pension continuously Union Cash: To meet personal expenses including medical treatment, travel etc of the pensioners /family pensioners. Eligibility of 12 times of monthly net pension subject to terms and conditions.
Nodal Officer for Central Pension related issues/complaints Chief Manager Central Pension Processing Centre Union Bank Of India S-24, 2nd Floor, Sri Aurobindo Marg Block-A, Green Park Extension Green Park, New Delhi- 110016 Contact No: 011-42268378 [email protected] Toll free number for Central Pension related queries and complaints-1800-2222-44