IDBI Pension Savings Account is specially designed to meet the banking requirements of pensioners. With a host of special privileges and value-added transactions, this account will make banking easier for pensioners. Other benefits of this account include any-time banking features, exclusive privileges, an international debit card, and a net banking facility.
Bank | IDBI |
Category | IDBI Pension Savings Account |
Initial Deposit Requirements | Nil |
Minimum Average Balance Requirements (MAB) | Zero |
Debit Card Offered | The customer has to select the debit card variant at the time of application. |
Interest Rate | 4% per annum on daily balance |
The following services are provided with IDBI Bank Savings Account.
Passbook and e-Statements | Passbook is offered free of cost. Quarterly e-Statements are sent to the account holder's email id at no extra cost. Daily and weekly e-Statements are sent to the customer's mail address at a nominal charge of Rs. 5 per statement |
SMS Alerts | SMS Alerts are offered free of cost. |
Cheque Book | First year of account opening - 60 cheque leaves free All subsequent years - 50 cheque leaves free |
Cash Withdrawal | Other Bank ATMs - 3 transactions (financial and non - financial) free per month across 6 metro locations and 5 transactions free per month at all locations except metros. IDBI Bank ATMs - Free unlimited transactions per month (both financial and non financial) |
Internet Banking | Net Banking facilities are provided at no extra cost. |
Given below are some of the features and benefits that accompany IDBI Pension Savings Account.
Online Bill Payments | IDBI Pension Savings Account holders can use Net Banking facility to pay their utility bills and taxes online without any hassles. |
Cheque Book | IDBI Pension Savings Account customers will get personalized multi city cheque book. |
No charges for non-maintenance of MAB | Account holders will not be penalized for non-maintenance of Minimum Average Balance. |
Value Added Services | Customers can benefit from "Banking on the move", travel & gift solutions and easy banking facilities which will be offered with the account. |
Easy Fund Transfer Facility | IDBI Pension Savings Account holders can log onto their Net Banking account to transfer funds without any hassles. |
International Debit Card | IDBI Pension Savings Account customers get international ATM cum Debit Card. This debit card can be used at merchant partner stores across the globe. |
Service / Product | Fees & Charges |
Demand Draft Charges at Branch and non branch locations | Rs. 3 per Rs.1000 and part thereof |
Any branch cheque deposits | Free |
Annual Fee for Debit cum ATM Card | Rs. 220 from second year onwards |
NEFT through Branch Channel | From Rs. 5 to Rs. 25 depending on the amount to be transferred. For funds up to Rs. 10, 000, no charges will be levied for NEFT transaction. |
Duplicate Passbook | Rs. 100 |
Interest Certificate | Offered free of cost for ITR purpose (once a year) and Rs. 100 for additional interest certificate for other purposes |
Point of Sale Limit | Rs. 25,000 per day |
Transactions at other bank ATMs | 3 transactions free per month at metro locations and 5 free transactions at non-metro locations and thereafter, Rs. 8 and Rs. 20 will be charged for non-financial and financial transactions respectively. |
Online VISA Card Remittance Charges | Rs. 5 per transaction including service tax |
Passbook | Free |
Account Closure Charges | Within 14 days - Nil Over 14 days to up to 1 year - Rs. 100 Beyond 1 year - Nil |
NEFT through Net Banking | Free |
The following are the benefits of IDBI Pension Savings Account:
In order to check the account balance of your IDBI pension savings account, you need to give a missed call to 18008431122.
To get IDBI Bank Mini Statement for last five transactions, account holders should provide a missed call to 18008431133. Account holders should make a missed call to the IDBI Bank Balance Enquiry Number 18008431122 to check their IDBI balance. For customers who only have one active account, IDBI Bank automatically activates this feature. You should check the following steps to check the IDBI Bank Balance Enquiry:
Customers of IDBI Bank accounts may use missed call banking up to four times a day to check the balance of their accounts. The total number of missed calls for both 18008431133 and 18008431122 is determined.
IDBI Bank will pre activate balance enquiry service for all the IDBI Bank accountholders who have one savings account. In case the uses have multiple accounts with the banks and have registered the same number, then the account holders should follow the registration process given below:
If you want to deregister from the missed call facility, then he or she should follow the steps given below:
If an account holder want to change the registered account number for a missed call banking facility, then he or she will need to send an SMS ‘REG (Space) Account Number’ to 5676777 or 980346920/ 9821043718.
IDBI Bank offers few mobile apps which pension account which account holders can use to perform transactions on the god and do IDBI Bank Balance Check. The following are the active IDBI mobile banking apps:
Account holders can check their IDBI bank account balance by SMS banking also. The SMS banking facility of IDBI Bank helps the account holders check their account balance at free of cost. You need to type SMS BAL (space) CustomerID (space) PIN (space) ACCOUNT NUMBER and send it to 9820346920 or 9821043718.
Given below are the steps to check IDBI Bank account balance through UPI:
The customers can avail the following services from IDBI WhatsApp Banking:
In order to check your IDBI bank balance, you just have to give a missed call on 18008431122 from your registered mobile number.
IDBI toll free number balance enquiry number is 1800221070.
In order to check your mini statement of IDBI bank account can either log in to IDBI Bank Go Mobile+ app or IDBI Bank mPassbook or give a missed call on 18008431133.
You can open an IDBI Pension Savings Account by visiting the nearest IDBI Bank branch with valid KYC documents or by checking for the online application facility on the official IDBI website.
No, IDBI Pension Savings Account generally comes with a zero balance facility, specifically designed for pensioners.
Credit Card:
Credit Score:
Personal Loan:
Home Loan:
Fixed Deposit:
Copyright © 2025 BankBazaar.com.