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Get to know what you should be aware of when deciding to buy a car, build a house, investing for your retirement and many other activities.
With our Pensioners Loans scheme you can get a personal loan to fund all your requirements.
Available for Government Pensioners
Easy and convenient application process
Quick loan approval
If you are a Government Pensioner or widow/widower who receives your spouse's pension through Pensions Department, you can apply for this loan scheme.
Your age need to be below 69 years of age and the loan should be paid in full before you reach your 70th Birthday. (For joint application both you & your other parties need to meet this requirement).
The minimum net pension should be Rs. 15,000/- per month.
Joint income could be considered if the spouse is also a government pensioner.
your pension should have been credited to your Commercial Bank account at least during the previous or current month.
Eg: If a loan is considered in April 2016 the pension for March 2016 or April 2016 should have been credited to your Commercial Bank account
You could obtain a Loan for a variety of purposes,
Minimum Loan amount Rs 100,000/-
Maximum loan amount Rs 2,500,000/-
You can choose up to maximum of 10 years, subject to full settlement of the loan prior to reaching 70 years of age.
Terms & Conditions apply
Product information and terms & conditions are subject to change from time to time. Therefore, it is advisable to contact the branch nearest to you for the latest information and prevailing terms & conditions.
If you are a Government Pensioner or widow/widower who receives your spouse's pension through Pensions Department, you can apply for this facility.