#2
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Re: SBI personal loan for pensioners
SBI Loan To Pensioners Rate Of Interest Is Calculated On Base Rate That At Present Is 8% Per Annum. Hence, Effective SBI Loan To Pensioners Interest Rate At Which Loan Will Be Available Is Base Rate + 4.75% = 12.75% Per Annum. SBI Loan to Pensioners Eligibility Norms: Pensioners Who Are Eligible As Per Conditions Laid Down By Bank Under SBI Loan To Pensioners Eligibility Criteria Are: a) Pensioners of Government (State/Central) b) Above Who Draw Their Pension through Bank c) All Pensioners Should Be Less Than and Equal To 72 Years of Age at the Time of Loan-Sanction. d) Family Pensioners Who Draw Their Pension through Account Held with Bank e) Above Should Not Be More Than 65 years of age. Quantum of SBI Loan to Pensioners: Loan Amount That Is Permissible Under SBI Loan to Pensioners Is: Up To 12 Times of Monthly Pension Amount Subject To Maximum Cap of Rs.1l Lac This Amount Is Disbursed Without Any Margin Being Deducted |
#6
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Re: SBI personal loan for pensioners
I am 71years 2 months old as on today. I want to apply for a loan against my pension n SBI that is my pension drawing branch.How much amount i will get? and what will be the rate of interest. Pl let me know? Regards
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#7
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Re: SBI personal loan for pensioners
I am 71years 2 months old as on today. I want to apply for a loan against my pension in SBI that is my pension drawing branch.How much amount i will get? and what will be the rate of interest. Pl let me know? Regards
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