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Savings, current & salary accounts

Indian Bank IND PENSION-PRIME PLUS Savings Account

Nil-balance pension account with 20 free cheque leaves, free digital transfers, in-built overdraft up to ₹1 lakh or one month’s pension and pension-loan limits based on monthly pension credit.

Interest rateThe in-built Insta-OD currently shows 10.15% (Repo Rate 5.50% + Prime Spread 2.70% + Spread 1.95%); the savings account rate itself is not separately printed on the reviewed page.Minimum balanceNil initial deposit and nil average monthly balance. A MAB of ₹10,000 or more activates the published ₹10 lakh GPA cover.Salary requirementNot a salary account; eligibility is based on receiving Central, State Government or EPF pension. No salary threshold is published.
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Quick eligibility check

Indian Bank IND PENSION-PRIME PLUS Savings Account

0 of 4 answered

Answer what you know. This guide compares your answers with the criteria published for this product; it is not an approval decision. Your answers stay on this device.

1Does your age meet this requirement: All Central, State Government and EPF pensioners, including Central forces, Armed forces, Navy and paramilitary pensioners, irrespective of age?

2Do you meet this requirement: Joint account only with spouse under former/survivor clause?

3Do you meet this requirement: family pensioners do not receive Insta-OD?

4Document checkDo you have this required document or proof: Savings-account KYC, pension-payment/order evidence, spouse details where joint and nomination instruction?

0 of 4 answeredAnswer the remaining questions to see your checklist result.
✓ Manually checked 31 Aug 2026 · active
Offered byIndian Bank

India

Key facts

What the official sources publish

Every value belongs to this exact product. Expand any fact to inspect its official evidence in place.

Account typeIND PENSION-PRIME PLUS savings account for Central, State Government and EPF pensioners.View source
The page covers Central, State Government and pensioners, including forces.
Source
IND PENSION-PRIME PLUS
Page / section
Target customers
Accessed
31 Aug 2026
Confidence
high
Open official source ↗
Minimum balanceNil initial deposit and nil average monthly balance. A MAB of ₹10,000 or more activates the published ₹10 lakh GPA cover.View source
The page states nil balance and the threshold for cover.
Source
IND PENSION-PRIME PLUS
Page / section
Initial deposit; ; insurance
Accessed
31 Aug 2026
Confidence
high
Open official source ↗
Salary requirementNot a salary account; eligibility is based on receiving Central, State Government or EPF pension. No salary threshold is published.View source
The official page defines eligibility by pension source rather than salary.
Source
IND PENSION-PRIME PLUS eligibility
Page / section
Target customers
Accessed
31 Aug 2026
Confidence
high
Open official source ↗
Interest rateThe in-built Insta-OD currently shows 10.15% (Repo Rate 5.50% + Prime Spread 2.70% + Spread 1.95%); the savings account rate itself is not separately printed on the reviewed page.View source
The page prints the current rate build-up and does not print a separate savings rate.
Source
IND PENSION-PRIME PLUS
Page / section
Insta- rate table
Accessed
31 Aug 2026
Confidence
high
Open official source ↗
Non-maintenance chargeNo non-maintenance charge is stated for the nil-MAB product; other charges follow the applicable service schedule.View source
The page states nil and no separate shortfall charge.
Source
IND PENSION-PRIME PLUS charge review
Page / section
Complete product page
Accessed
31 Aug 2026
Confidence
high
Open official source ↗
Debit cardThe reviewed page does not publish a separate debit-card variant; account-linked card rules apply.View source
The page lists cheque, transfers, and insurance but no separate debit-card row.
Source
IND PENSION-PRIME PLUS card review
Page / section
Complete product page
Accessed
31 Aug 2026
Confidence
high
Open official source ↗
Cheque book20 cheque leaves free in a calendar year.View source
The official page states 20 free cheques in a calendar year.
Source
IND PENSION-PRIME PLUS
Page / section
Cheque book
Accessed
31 Aug 2026
Confidence
high
Open official source ↗
Overdraft and pension-loan limitsInsta-OD is capped at ₹1,00,000 or one month’s pension credit, whichever is lower; OD extends up to age 75 for regular pensioners and is unavailable to family pensioners. Pension loan is up to 18× monthly pension for regular pensioners and 12× for family pensioners.View source
The page publishes the cap, age rule and pension-loan multiples.
Source
IND PENSION-PRIME PLUS
Page / section
Insta-; pension loan
Accessed
31 Aug 2026
Confidence
high
Open official source ↗

Benefits and features

  • Nil initial deposit and nil average monthly balance
  • 20 free cheque leaves per calendar year; free ; free digital //
  • Insta- up to ₹1,00,000 or one-month pension credit, whichever is lower; present published 10.15%
  • Pension loan up to 18× monthly pension for regular pensioners and 12× for family pensioners
  • ₹10 lakh cover when ₹10,000 or more; mandatory nomination

Eligibility

  • All Central, State Government and pensioners, including Central forces, Armed forces, Navy and paramilitary pensioners, irrespective of age. Joint account only with spouse under former/survivor clause; family pensioners do not receive Insta-.

Passing a listed condition does not mean the bank will approve an application.

Documents the bank lists

  • Savings-account , pension-payment/order evidence, spouse details where joint and nomination instruction

Related official documents

IND PENSION-PRIME PLUSofficial-product-page · current · accessed 31 Aug 2026
↗
Savings Account catalogue — Indian Bankofficial-product-page · current · accessed 31 Aug 2026
↗

Plan before applying

Try the numbers

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Account interest estimate

See roughly how much interest a steady account balance could earn over the period you choose.

Interest you may earn₹10,150ten thousand one hundred fifty rupees
Balance including interest₹1,10,150one lakh ten thousand one hundred fifty rupees

This is only an estimate, not a bank or insurer offer. The final amount can change because of taxes, fees, rate changes and provider rules.

Use the published table

Find the exact published value

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IND-GIG CHAMPION · EligibilityResident gig worker 18+ with UAN; formal salaried, //, / and non-individual exclusions

This value is copied from Indian Bank IND-GIG CHAMPION and IND PENSION-PRIME PLUS — published terms. Check the table notes before relying on it.

Source: Indian Bank Savings Account catalogue and variant pages · IND-GIG CHAMPION; IND PENSION-PRIME PLUS Open official source ↗

Published tables

Complete rates, limits and schedules

Tables preserve every reviewed row and column from the cited official source.

Table 1 · 2 rows · 5 columnsIndian Bank IND-GIG CHAMPION and IND PENSION-PRIME PLUS — published termsView tableHide table

Scroll sideways to view every column

Indian Bank IND-GIG CHAMPION and IND PENSION-PRIME PLUS — published terms
ProductEligibilityBalanceKey limits / insuranceCharges and channels
IND-GIG CHAMPIONResident gig worker 18+ with UAN; formal salaried, //, / and non-individual exclusionsNil initial deposit and nil ₹8,000 daily total credit; RuPay Classic; ₹5 lakh ; free counts by locationDigital //, , statements and net/mobile banking free; cheque on request
IND PENSION-PRIME PLUSCentral/State Government or pensioner; spouse-only former/survivor joint holdingNil initial deposit and nil Insta- ₹1 lakh or one-month pension; pension loan 18×/12×; ₹10 lakh at ₹10,000 20 free cheques/year; digital transfers and free; mandatory nomination
Indian Bank Savings Account catalogue and variant pages · IND-GIG CHAMPION; IND PENSION-PRIME PLUS · accessed 31 Aug 2026Open official source ↗

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