State Bank of India is proud to be associated with more than 44 lacs Pensioners and thank them for continued patronage. To cover the pensioners across the country, SBI has set up 18 Central Pension Processing Centers (CPPCs), where pension is processed electronically.
To avail pension through State Bank of India, the retiring employee can open account with any branch of State Bank of India, preferably with spouse and provide the account number to the Department from where, he/she is going to retire.
In case the Pension Sanctioning Authority/Department has switched to issuing e-PPOs, pension will start automatically in most of the cases, as all formalities are completed digitally. In case printed PPO is issued, it is directly sent to the Centralized Pension Processing Center along with the undertaking and other related documents. Pensioner is no longer required to visit the pension paying Branch in normal circumstances.
Facility to submit other certificate like re-employment, re-marriage etc is also available in video life certificate.
Doorstep collection facility available for LC
Special facility to physically challenged/ incapacitated and pensioners unable to present at the branch. In such cases the bank official visits the pensioner’s residence / hospital for the purpose of obtaining the life certificate.
Acknowledgement through SMS on submitting Life Certificate/Reminder in case of non-submission
2. Pension details are available:
a. Details through SMS after each pension credit.
b. Pension slip made available to the pensioners
Through SMS : Details of pension paid is provided to the pensioners, every month. on release of pension on their registered mobile number.
Through e mail ID : Pension slip is provided to the pensioners on their registered emails ID, every month, after release of pension
By visiting Branch/CPPC : Pensioners can get their pension slip from Pension paying Branches / CPPCs.
SBI Internet Banking: Pensioners can login and download it
YONO SBI : Pensioners can login and make request for pension slip which is sent to their registered e-mail ID.