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The following are the eligibility criteria for Garv Pension Saving Account:

 

  • All retired individuals from any Central Govt Department/ State Govt. Department/Local Bodies/PSU/Defence services/Railway/Telecom and are eligible for pension.

  • All individuals retiring from companies and are a member of the Employees' Provident Fund Organisation (EPFO) under the Employees' Pension Scheme (EPS).

  • Click here to know more about Garv Pension Saving Account.

Disclaimer: Terms and conditions apply. Savings Account approval is at the sole discretion of HDFC Bank Limited and is subject to documentation and verification as per the Bank's requirements. Interest rates are subject to change. Please check with your RM or the closest bank branch for current interest rates. 

Frequently Asked Questions

Retired individuals from government departments, PSUs, defence, railways, telecom, or local bodies receiving a pension, and company retirees covered under EPFO’s Employees' Pension Scheme (EPS) can open this account.

Only retired individuals from government departments, PSUs, defence, railways, telecom, or EPFO pension scheme members are eligible to open a Garv Pension Saving Account.

Yes, retired individuals can open a Garv Pension Saving Account if they are eligible for a pension from government departments, PSUs, defence, railways, telecom, or under the EPFO pension scheme.