Product Overview

Utkarsh Small Finance Bank Limited (USFBL) is officially empanelled with the Defence Accounts Department (DAD) to act as an authorized SPARSH Service Centre.

What is SPARSH?

SPARSH (System for Pension Administration – RAKSHA) is a digital platform by the Ministry of Defence for pension sanction and disbursement to Armed Forces personnel and defence civilians.This initiative is dedicated to serving our respected retired defence personnel, ensuring smooth access to pension-related services under the SPARSH (System for Pension Administration (Raksha)) Portal.
SPARSH Services are available at USFB Branches.Click here to see List of branches

Services Offered at USFB SPARSH Centres

Retired defence personnel can avail the following services through SPARSH at USFB branches:

SPARSH Pensioner Service Requests
PDV (Pensioner Data Verification) (For new Service Pensioner)Rebate in Income Tax
Life Certificate (Identification)Update personal details
Manage ProfileCommutation Request
My DocumentEMRO
Post death manifestationInstalment Amount
Aadhar ConsentGrievance
Linking PPOLegal Case Grievance
Employment / Re-employmentFamily details
Division of gallantry awardBank details
Investment DeclarationPersonal details
Non-SPARSH Pensioner Service Requests
Report missingStart Family Pension / Reporting Death
Report convictionGrievance
Rewards

Get

Rewards

1 reward point on every 100 spends on debit card

15% discount

Get

15% discount

1 reward point on every 100 spends on debit card

Free

Get

Free

Cash withdrawal on Utkarsh Bank ATMs

  • Convenience: Pensioners can access multiple services related to their pensions from any of our branches

  • Efficient Service Delivery: Reduced processing time for requests and grievances.

  • Trained Staff: Guidance for every pension-related need.

  • Transparency and Clarity: Real-time updates and notifications on service requests.

  • Paperless & Digital: Services are directly integrated with the SPARSH portal.

SPARSH services at USFB are available to:

  • All retired defence personnel

  • Family pensioners of defence personnel.

  • 1. Visit your nearest Utkarsh Small Finance Bank branch designated as a SPARSH Service Centre.

  • 2. Carry your PPO number, aadhaar card, mobile number, and pensioner ID. [Family pensioners should also carry the relevant documents]

  • 3. Our staff will guide you step-by-step in completing your service request.


Visit your nearest USFB SPARSH Service Centre today!

Loan calculator

Amount ()

1 Lac

10 Cr

Tenure ( )

1 Month

120

Interest Rate (%)

1%

31%

line-chart-pattern-bg
Equated Monthly installments (EMI)

2,10,651

Need more Information?
Deposit Amount
Interest Earned

Interest Rate

8.00%

Interest Earned

3,50,452

Maturity Value

13,50,452

Maturity Date

20 Apr 2023

(Indicative interest rates for calculation only. click here for latest rates.)

Blogs

How to select the perfect Savings Account

Read more

Fixed Deposit Vs Public Provident Fund : Which is Better?

Read more

Everything you need to know before taking a loan for home

Read more

Top media stocks in India : Entertaining Income

Read more

You may also be interested in

Savings
Savings

Earn up to 7.50 %* on your Savings Account and get interest credited quarterly

Deposits
Deposits

Earn interest rates up to 7.65 %* p.a. and 8.15 %* p.a. for Senior Citizens

Loans
Loans

Get Loan amount upto 10 Crores with Flexible Tenure upto 15 years

Explore offers on debitcard
Insurance & Investment

Turn your surplus funds into security, for a better tomorrow

go-to-top

TOP