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Get Maximum Benefits

  • Investment ready 3-in-1 Account

  • Video-call based Life Certificate submission

  • Doorstep Banking Services

  • Priority assistance at call centre

  • Gemstone Credit Cards* to suit your lifestyle

  • Seamless Form 15H submission

  • Investment expert assistance in Portfolio Rebalancing

  • No minimum balance requirement

 

*Basis eligibility

 

 

 

Investment Solutions Tailored for Pensioners

Pension Savings Account FAQ’s

What is a Savings Account for pensioners?

A Savings Account for pensioners is a specialised ICICI Bank account designed to receive and manage post-retirement pension credits. It offers features like no minimum balance requirement, priority assistance, video-based life certificate submission, doorstep banking, and seamless pension credit facilities for eligible retirees.

Can I use my Savings Account for pensioners to make online transactions?

Yes, your pensioners’ Savings Account supports online banking. You can make digital transactions such as UPI payments, NEFT, IMPS and other transfers using ICICI Bank Net Banking, the iMobile app, or linked debit card services. 

What are the interest rates for a Savings Account for pensioners?

The interest on a pensioners’ Savings Account at ICICI Bank follows the standard Savings Account rate applicable at the bank. ICICI Bank currently offers around 2.5% per annum on Savings Account balances, calculated daily and credited quarterly.

Can I submit my life certificate digitally?

Yes, you can submit your Digital Life Certificate using the Jeevan Pramaan app or through a video call.

Can I link my existing ICICI Bank account for pension credit?

Yes, if you already have an ICICI Bank Savings Account, you can notify your Pension Disbursing Authority to credit your pension into it.

What is the minimum balance requirement for pension account?

 There is no minimum balance requirement for Pension Account.