SBI Pension Seva

The SBI Seva Portal offers a range of services, benefits, and easy registration options for pensioners in India. This portal is a convenient way to manage pension-related matters of senior citizens and other eligible candidates. In this article, we will explore the services, registration process, and benefits of the SBI Pension Seva Portal in India.

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  • 7.7 Crore Registered Consumer
  • 50 Partners Insurance Partners
  • 4.2 Crore Policies Sold
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4.2 Crore
Policies Sold

Invest ₹6,000/month & Get Tax Free Monthly Pension of ₹60,000

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rating
7.7 Crore
Registered Consumer
50
Insurance Partners
4.2 Crore
Policies Sold
Disclaimer: ##Rs 60,000 are the monthly pension amounts at the assumed rate of return of 8% p.a. and 4% p.a. for unit linked insurance plans. This is an illustrative example and the returns are not guaranteed & dependent on the policy term and premium term availed along with the other variable factors. The market linked return of 60K per month is for an 18 year old investing 6k per month for 20 years in a whole life policy having policy term 82 years in which Systematic partial withdrawals start at the age of 65 years at 5% rate of withdrawal per year. The investment risk in the policy is borne by the policyholder. All Plans listed here are of insurance companies’ funds. *Tax benefits and savings are subject to changes in tax laws. All Plans listed here are of insurance companies’ funds. Disclaimer: #The investment risk in the portfolio is borne by the policyholder. Life insurance is available in this product. The maturity amount of Rs 1 Cr. is for a 30 year old healthy individual investing Rs 10,000/- per month for 30 years, with assumed rates of returns @ 8% p.a. that is not guaranteed and is not the upper or lower limits as the value of your policy depends on a number of factors including future investment performance. In Unit Linked Insurance Plans, the investment risk in the investment portfolio is borne by the policyholder and the returns are not guaranteed. Maturity Value: ₹1,05,02,174 @ CAGR 8%; ₹50,45,591 @ CAGR 4%. *Tax benefits and savings are subject to changes in tax laws. All plans listed here are of insurance companies’ funds.

Services Offered by SBI Pension Seva Portal

The SBI Pension Seva Portal is a one-stop solution for pensioners to access various services related to their pension accounts. Some of the key services offered by the portal include:

  • Pension Slip: Pensioners can view and download their pension slips online from the portal. The pension slip provides details of the monthly pension credited to the pensioner's account, including the pension amount, Dearness Relief (DR), and other relevant information.

  • Pension Arrears: Pensioners can also check their pension arrears online through the portal. The portal provides a comprehensive view of the pension arrears.

  • Pensioner Profile: Pensioners can update their profile details, such as contact information, bank account details, and other personal details, through the portal. 

  • Life Certificate: Pensioners can submit their life certificate online through the portal, eliminating the need for physical submission of the life certificate at the bank branch. 

  • Pension Loan: The portal also offers pension loan facilities for pensioners. Pensioners can apply for a loan against their pension through the portal, making it convenient and hassle-free.

Registration Process on SBI Pension Seva Portal

To avail of the services offered by the SBI Pension Seva portal, pensioners need to register themselves. The registration process is simple and can be done online. 

If you are a pensioner, follow these steps to register on the portal:

  • Visit the official SBI Pension Seva Portal website.

  • Click on the "New User Registration" button on the portal's homepage.

  • Fill in the required details, including the pension account number, date of birth, and registered mobile number.

  • Create a username and password for the portal.

  • Set up two profile questions and save them for future reference.

  • Complete the verification process by providing the OTP (One-Time Password) sent to the registered mobile number or email address.

  • Once the registration is complete, pensioners can log in to the portal using their username and password.

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SBI Pension Seva Portal Login Process 

The SBI Pension Seva Portal is a digital platform designed to cater to the needs of pensioners in India. 

Following are the steps to login into the SBI Pension Seva Portal: 

Step 1: Visit the SBI Pension Seva Portal

Step 2: Click on the "Login" Button

Step 3: Enter User ID and Password

Step 4: Enter Captcha and Click on "Login"

Step 5: Access Pension Related Services

Benefits of Seva SBI Portal 

With Pension Seva SBI, retired employees can now enjoy a host of benefits that make managing their pension accounts hassle-free and efficient.

Here are some of the key benefits of the Pension Seva SBI portal in India:

  • Easy Access to Pension Information: Pension Seva SBI provides retired employees with easy access to their pension plan information, including pension payment details, pension slips, and pension arrears. 

  • Online Submission of Life Certificate: Pension Seva SBI allows pensioners to submit their Life Certificate online, saving them the hassle of visiting the bank or submitting physical documents. 

  • Grievance Redressal: Pensioners can raise grievances related to their pension accounts through the Pension Seva SBI portal. 

  • Pension Payment Enquiry: Pensioners can also check the status of their pension payments through the Pension Seva SBI portal and can view other details like the credited amount, pension period, and bank branch.

  • Round-the-Clock Availability: Pension Seva SBI is available 24x7, allowing pensioners to access their pension information and avail services at their convenience, without being restricted by banking hours.

  • Other Facilities: The portal provides access to several other facilities and schemes such as Senior Citizens Savings Scheme, and EPPO provision for pensioners.

In Conclusion

The Pension Seva SBI portal has been a game-changer for retired employees in India. It provides them with a convenient, efficient, and transparent platform to manage their pension accounts. 

FAQ's

  • What is the user ID in Pension Seva?

    • User-ID (to be created by the pensioner with min 5 characters) Pension account number
    • Date of Birth
    • Branch code of pension paying branch
    • Registered email ID same as submitted to the branch
  • How can I check my SBI pension online?

    Log in to www.onlinesbi.com/personal. Select the "Enquiries" tab on the primary navigation bar. The "Pension Slip" link is displayed in the left hand navigation column.
  • Can I reset my password on SBI Pension Seva?

    Yes, you can reset your password on SBI Pension Seva by clicking on the 'Forgot Password' option and following the instructions provided on the portal.
  • Is SBI Pension Seva secure?

    Yes, SBI Pension Seva is a secure portal that requires pensioners to authenticate themselves using their pension account number and date of birth.
  • Is SBI Pension Seva available 24/7?

    Yes, pensioners can access SBI Pension Seva and avail of its services 24/7, anytime and from anywhere, as per their convenience.

Policybazaar does not endorse, rate or recommend any particular insurer or insurance product offered by any insurer. This list of plans listed here comprise of insurance products offered by all the insurance partners of Policybazaar. The sorting is based on past 10 years’ fund performance (Fund Data Source: Value Research). For a complete list of insurers in India refer to the Insurance Regulatory and Development Authority of India website, www.irdai.gov.in
*All savings are provided by the insurer as per the IRDAI approved insurance plan.
^The tax benefits under Section 80C allow a deduction of up to ₹1.5 lakhs from the taxable income per year and 10(10D) tax benefits are for investments made up to ₹2.5 Lakhs/ year for policies bought after 1 Feb 2021. Tax benefits and savings are subject to changes in tax laws.
+Returns Since Inception of LIC Growth Fund
¶Long-term capital gains (LTCG) tax (12.5%) is exempted on annual premiums up to 2.5 lacs.
~Source - Google Review Rating available on:- http://bit.ly/3J20bXZ
^^The information relating to mutual funds presented in this article is for educational purpose only and is not meant for sale. Investment is subject to market risks and the risk is borne by the investor. Please consult your financial advisor before planning your investments.

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Get Pension ₹60,000/month+
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Insurers Offering Pension Plans

Tata AIA

Max Life

Bajaj Allianz

SBI Life

HDFC Life

ICICI Prudential

Bharti AXA Life

Edelweiss Life

Kotak Life

Future Generali

PNB MetLife

Aditya Birla Sun Life

Aviva

Ageas Federal

Bandhan Life

Canara HSBC

IndiaFirst

Pramerica Life

Reliance Life

Sahara Life

Shriram Life

Star Union

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Disclaimer: Policybazaar does not endorse, rate or recommend any particular insurer or insurance product offered by an insurer.
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