SBI Special Senior Citizen Scheme: The State Bank of India (SBI) is offering SBI Pension Loan to the senior citizens that includes retired central government employees, state government pensioners, defence pensioners and family pensioners receiving a regular pension at a very affordable rate of interest.
SBI Special Senior Citizen Scheme: The State Bank of India (SBI) is offering SBI Pension Loan to the senior citizens that includes retired central government employees, state government pensioners, defence pensioners and family pensioners receiving a regular pension at a very affordable rate of interest. One can get up to Rs 14 lakh under this SBI offer, which can be a big relief for purposes like child marriage, buying a dream home or meet the medical requirements post-retirement.
Those interested in the SBI Pension Loan can check it out by giving a missed call on 7208933142 or SMS “PERSONAL” on 7208933145. Those senior citizens who are internet savvy can log in at sbi.co.in — the official website of the SBI and find out details of SBI Pension Loan.
Sharing about the simplest ways to find out details of the SBI Pension Loan, official website of the SBI — sbi.co.in claims, “Dial 1800-11-2211 for more information/ applying through Contact Centre. Give a Missed Call on 7208933142 or SMS “PERSONAL” on 7208933145 to get a call back from our Contact Centre.”
| Age at the time of Loan sanction | Max Loan Amt (18 months Pension or Rs.) | Repayment Period | Age at the time of full Repayment |
|---|---|---|---|
| Below 72 | 14.00 lakh | 60 months | Up to 77 years |
| 72 – 74 years | 12.00 lakh | 48 months | Up to 78 years |
| 74 – 76 years | 7.50 lakh | 24 months | Up to 78 years |
For Defence Pensioners :
| Age at the time of Loan sanction | Max Loan Amt (36 months Pension or Rs.) | Repayment Period | Age at the time of full Repayment |
|---|---|---|---|
| Below 56 years | 14 lakhs | 84 months | 63 years |
| 56 – 72 years | 14 lakhs | 60 months | 77 years |
| 72 – 74 years | 12 lakh | 48 months | 78 years |
| 74 – 76 years | 7.50 lakh | 24 months | 78 years |
On how the SBI Pension Loan would benefit retired central and state government employees and other pensioners SBI website claims, “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.”
