Products & Services > Pension Services

Our reach as on March 2012

  • States & Union Territories - 18
  • Branches - 1,553
  • Borrowers - 36,17,641
  • Staff - 9,548
  • Loan disbursed for the month -
    Rs.
    578crores
  • Loan outstanding - Rs. 3,729 crores
States & Union Territories and Branches


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Pension services
 
The New Pension System or NPS-Lite System was launched by Pension Fund Regulatory & Development Authority (PFRDA), the Ministry of Finance, Government of India to reach out to the economically disadvantaged section of the society to extend old age security.

Bandhan was the 1st Aggregator (Registrar) for NPS-Lite services in India. Mr. Pranab Mukherjee, Hon'ble Union Finance Minister, handed over the PRAN cards at the launch function for NPS-Lite in Birbhum District of West Bengal.


Highlights of New Pension System as on February 29, 2012
ParticularsTotal
States8
Branches1,262
Subscribers1,46,477