You are eligible if:

•You are a pensioner of the State Govt., Central Govt. or PSU.

•You are an ex-staff member with a pension account.

•Loan recovery period is not extending beyond 75 years of age.

•Your take home pension is not less than 60% of your monthly pension after deduction of the loan installment.

Loan Amount

·Up to 6 months pension or Rs.1,50,000/-, whichever is less.

Margin

NIL

Rate of Interest

Please Check out the Interest Rates Section to find latest Interest Rates applicable

INTEREST CHARGED ON DAILY REDUCING BALANCE

NO PREPAYMENT CHARGES

Security

NIL

Process Fees

NIL

Repayment

Upto 24 EMIs

Guarantee

Simple! Spouse or nominee appointed for the pension account or any other family member or third party acceptable to the bank can guarantee the account.

Application Form

For any query, Please contact : Email: rbd@denabank.co.in