SBI Pension loans: Now taking a pension loan from sbi is very easy, know all the things related to it

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Now taking a pension loan from sbi is very easy, know all the things related to it
Now taking a pension loan from sbi is very easy, know all the things related to it

Hello friends, welcome to our informalnewz.com channel, today we will talk about sbi pension loan, this loan can be easily taken from sbi, by this loan you can loop the loan for your child’s simple or good house and other work. You can have no problem in looping this loan, you just go to the bank and apply for the loan, your loop

SBI Pension loans:




State Bank of India provides pension loans keeping in mind the needs of the retiring employees. You can also apply for a pension loan very easily to fulfill your needs. Under State Bank of India Pension Loan Scheme, SBI offers this loan facility at 9.75 percent interest rate. This loan is easy, without any hassle you can prove very helpful in meeting the expenses of your child’s wedding, buying your dream home, traveling or meeting medical needs.

Why is pension loan special 

This loan is special because it has to pay low processing fees. There is no hidden charge. Also, the process of getting loan is quite fast. Easy EMI option is available. Also, at least documents have to be submitted and the best thing is that you can apply in any branch of SBI.

You can contact the bank directly 

If you want to apply for a pension loan or want to get more information, you can dial the toll free number 1800-11-2211 of the contact center. Not only this, you can give a missed call on 7208933142 or SMS “PERSONAL” on 7208933145 to get call back from the contact center of the bank.

What is the eligibility of loan

It is for the pension holders of the central and state governments. In this, the pensioner’s age should be less than 76 years. Also, the pension payment order should be with the State Bank of India. The pension holder has to give a promise that he will not change his mandate given to the Treasury in the loan period.

If you retire from defense then 

Under this, pensioners of Armed Forces including Army, Navy and Air Force, Paramilitary Forces (CRPF, CISF, BSF ITBP etc.), Coast Guard, Rashtriya Rifles and Assam Rifles can apply. In this also, the pension payment order should be with the State Bank of India. There is no minimum age restriction in this. The maximum age limit for family pension holders is 76 years. After the death of the pension holders in the family pension, the authorized members of the family can also apply for getting the pension.

 

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Article first Appeared on Informalnewz

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