Loan for pensioners to meet Medical expenses, other genuine needs and emergent personal expenses.
Cost of Medical expenses and other genuine needs & emergent personal expenses.
Pensioners drawing pension through our Branch
Pensioners of all Central/State Govt./Govt, Depts undertakings/PSUs/Corporates, family pensioners of above categories, ex-employees of the Banks.
10 times monthly pension OR Maxi.Rs.50,000/- which ever is higher.
Co-obligation of wife, son, daughter (wherever family pension permitted).
Rate of Interest:
10.50% per annum
1.00% on outstanding balance.
Pronote/Pronote covering letter
Photograph of the borrower/co – obligant.
Declaration for end use of loan.