IDBI Pension Savings Account

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. 

Updated On - 05 Sep 2025
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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

Services Offered with IDBI Pension Savings Account:

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.

Features of IDBI Pension Savings Account:

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.

Fees and Charges for IDBI Pension Savings Account:

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

Benefits of IDBI Pension Savings Account:

The following are the benefits of IDBI Pension Savings Account: 

  1. Faster transfer of money. 
  2. It provides international debit cards
  1. It comes with online options to pay your tax or bills. 
  2. Pay order and demand drafts. 
  3. Easy payments 
  4. Profit from the savings account. 
  5. Gift and travel solutions 
  1. Value added services 

IDBI Bank Pension Account Balance Enquiry Number

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: 

  1. Give a missed call to IDBI Bank Balance Check Number 1800 843 1122 from your registered mobile number. 
  1. Your call will automatically get disconnected after two rings. 
  2. Then the account holder will get the SMS mentioning IDBI Bank Account Balance. 

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. 

How to Register for IDBI Pension Account Balance Check

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: 

  1. Send an SMS typing ‘REG (Space) Account Number’ and send it to 5676777 or 9820346920/ 9821043718
  2. The accountholder will get a confirmation message along which mentions the registration status of IDBI Bank Balance Enquiry by missed call. 

If you want to deregister  from the missed call facility, then he or she should follow the steps given below: 

  1. Type ‘DEL (Space) Account Number’ and send it to 5676777 or 9820346920/ 9821043718. 
  2. You will receive a confirmation message related to the deregistration from the missed call banking service. 

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. 

Check Balance of IDBI Bank through Mobile Banking:

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: 

  1. IDBI Bank GO Mobile+: IDBI Bank account holders can download and then install the IDBI Bank GO Mobile+ app on their iOS and Android devices to get banking services such as IDBI bank balance, mini statement, enquiry, cheque book request, fund transfers, and much more. 
  2. IDBI Bank mPassbook: IDBI Passbook offers mPassbook facility for all the IDBI account holders to stay up to date with transactions. The account holders can check mini statements as well as detailed statement. IDBI Bank mPassbook is also available on iOS and Android platforms and facilitating in IDBI Bank Balance Enquiry. 

Check Balance of IDBI Bank through SMS Banking:

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.  

Check Balance of IDBI Bank through Unified Payment Interface (UPI):

Given below are the steps to check IDBI Bank account balance through UPI: 

  1. Firstly, you need to open the UPI app on your mobile. 
  1. Login through the set code. 
  2. Click on the account  
  3. Tap on check balance 
  4. Enter the set PIN to proceed 
  5. You will be able to view the account balance 

Services Offered Through IDBI WhatsApp Banking:

The customers can avail the following services from IDBI WhatsApp Banking: 

  1. Check account balance 
  2. Know interest rates 
  3. Get mini statement of last five transactions 
  1. Order chequebook 
  2. Know Your Customer (KYC) update 
  3. Locate nearest branch or Automated Teller Machine (ATM) 

FAQs on IDBI Pension Savings Account

  • How can I check my IDBI Bank pension account balance through a missed call?

    In order to check your IDBI bank balance, you just have to give a missed call on 18008431122 from your registered mobile number. 

  • What is the IDBI toll free balance enquiry number?

    IDBI toll free number balance enquiry number is 1800221070

  • How to check my IDBI mini statement?

    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

  • How can I open an IDBI Pension Savings Account online or offline?

    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.

  • Is there a minimum balance requirement for the IDBI Pension Savings Account?

    No, IDBI Pension Savings Account generally comes with a zero balance facility, specifically designed for pensioners.

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