• For any Personal need.
  • Up to the age of 70 Years:  18 months’ net pension.
  • Above age of 70 years and upto the age of 75 years: 12 months’ net pension
  • Family Pensioner Upto the age of 70 years: 12 months net’ pension or Rs.2.00 lacs whichever is lower.
  • Central/State Government Pensioners drawing pension through the bank including family pensioners.
  • Loan will be in name of both pensioner and eligible family pensioner. In absence of eligible family pensioner, guarantee of any family member or third party guarantee of one person.
  • For family pensioners: Guarantee of any family member (preferably eligible legal heir) or third party guarantee.
  • In case the pensioner expires during the tenure of the loan ,the installment towards the repayment shall be thereafter recovered from the family pension drawn by the co-borrower / co-applicant viz spouse/ward.
  • Up to the age of 70 Years:            Maximum 60 Months i.e. 5 years, or upto the age of 75 years whichever is earlier.
  • Above age of 70 years: Maximum 48 Months i.e. 4 years or upto the age of 75 years whichever is earlier.
  • Family Pensioners:         Maximum 48 Months i.e. 4 years or upto the age of 75 years whichever is earlier.