IB Pension Loan
IB Pension Loan
| Key Features | Description | ||||||
|---|---|---|---|---|---|---|---|
| Eligibility | Central & State Government Pensioners, Family Pensioners, Re-employed Pensioners, IB Retirees (both under VRS & superannuation) whose pension accounts are maintained with our branches
CRS retirees and EPF Pensioners are not eligible for Pension Loan |
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| Age |
No specific minimum entry age |
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| Purpose | To meet any expenses like Medical, Education, Family & Domestic Functions, Marriage etc | ||||||
| Margin | NIL | ||||||
| Quantum of loan |
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| Repayment Period | Maximum repayment period up to 10 years subject to exit age criteria | ||||||
| Interest Rate | Click here | ||||||
| Processing Fee | Click here | ||||||
| Security/Documents required |
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