13/08/2021 · Retirement just got merrier with SBI Pension Loan. Fund your child’s marriage, buy your dream home, plan a trip or get medical aid with simple and hassle free loan and repayments. Dial 1800-11-2211 for more information/ applying through Contact CentreA home conversion loan is a scheme for those who have already taken a housing loan. This loan follow some rules and is a part of ;· Features of SBI Pension Loan. Loan amount: You can avail a pension loan from SBI ranging between Rs. lakh to Rs. 14 lakh to deal with various personal financial needs. Flexible repayment tenure: You can repay your SBI pension loan within a convenient tenure ranging between 24 …31/01/2021 · Eligibility Criteria for SBI Pension Loans For Central & State Government Pensioners – Should not be more than 76 years of age In addition; All other terms and conditions of the Scheme will be applicable, including guarantee of the spouse (who will be eligible for family pension) or …24/04/2018 · You can get more details about the product on SBI website. How Much Loan Can You Get under SBI Pension Loan? What Is the Loan Tenure? The minimum loan amount is Rs 25,000. The maximum loan amount and loan tenure depends on pensioner’s age and the type of pension …SBI Pension Loan: Eligibility, Interest Rate & Documents RequiredSBI Personal Loan for Pensioners - Eligibility, Interest ratesSBI Personal Loan for Pensioners - Eligibility, Interest ratesSBI Pension Loan: Loan for Pensioners | EMI CalculatorAfter a lifetime of working and raising families, you deserve a good retirement period SBI Reverse Mortgage Loan provides an additional source of income for senior citizens of India, who have a self-acquired or self-occupied home in India. This product is beneficial for senior citizens who do not have adequate income to support loan term upto the attainment of 80 years of age applicant drawing pension in case of joint applicant. If income of younger applicant/s (son/daughter/spouse) is considered, then the maximum loan term up to 30 Years or till attainment of 80 years of the younger applicant whichever is earlier. Additional Benefits 6 EMI WaiverPensioners having a stable income throughout their life from pension may apply for loan under this scheme. Terms & Conditions: 1) Commutation of Pension or any portion thereof is not allowed under this scheme. 2) A Guarantor acceptable to the Company is required. Repayment Mode: The loan is to be repaid before the applicant attains the age of 70 ;· Though applicants can avail a personal loan amount of up to Rs. 20 lakh from SBI, based on a net monthly income (NMI) of Rs. 15,000, the maximum loan amount you will be eligible for is Rs. lakh 24 times of NMI.
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