Current Date 02 Oct, 2026

Bank of Baroda Launches Pension Fund Business

On NPS Divas 2026, Bank of Baroda received PFRDA’s Certificate of Appointment as Pension Fund Sponsor under Section 27 of the PFRDA Act, 2013, becoming the second public sector bank to enter the pension fund business. The bank also enabled Tatkal NPS onboarding via the BHIM app, aiming to expand retirement savings access through digital innovation and boost pension penetration nationwide.