Fincare Small Finance Pension loan Features

Fincare Small Finance Pension Loan Interest Rate	3.40%
Fincare Small Finance Pension Loan Processing Fee	1%
Fincare Small Finance Pension Loan Tenure	36 Months
Fincare Small Finance Pension Loan Amount Minimum	25,000
Fincare Small Finance Pension Loan Amount Max	14 Lakh
Fincare Small Finance Family Pension Loan Amount Minimum	2.5 Lakh
Fincare Small Finance Family Pension Loan Amount Max.	5 Lakh
Fincare Small Finance prepayment	3%
Fincare Small Finance foreclosure	3%

Fincare Small Finance Pension Loan Eligibility

To apply for a pension loan, if applicable:

You would like to learn about one of the players in the current team who has a retirement schedule.
In a PSU, a centralized bank, a state administration, you can hold a pension account.
You must be able to invest 60 percent of the pension once you have earned the loan payment.

Fincare Small Finance Pension Loan Eligibility For Central And State Government For Retirees

Eligibility Criteria	Key Features
Employer Type	Central and State Government
Applicant’s Age	Below 76 years of age
Account Type	Pension payment order maintained by Bank
Treasury Terms	Written consent from the treasurer not to accept any pension transfer requests
Guarantee Terms	By the spouse (eligible for a family pension) or any other third party

Fincare Small Finance Pension Loan Eligibility For Defence Pensioners

Eligibility Criteria	Key Features
Employer Type	Armed Forces, Paramilitary Forces, Coast Guards, Rashtriya Rifles, Assam Rifles
Applicant’s Age	Below 76 years of age
Account Type	Pension payment order maintained by Bank
Treasury Terms	Not applicable
Guarantee Terms	Not applicable

Fincare Small Finance Pension Loan Eligibility For Family Pensioners

Eligibility Criteria	Key Features
Employer Type	Central and State Governments including all Armed Forces
Applicant’s Age	Below 76 years of age
Account Type	Pension payment order maintained by Bank
Treasury Terms	Not applicable
Guarantee Terms	Authorized members of the family under the family pension scheme

Maximum Eligible loan Amount and Repayments

For Central and State Government Pensioners:

Age	Max Loan Amount	Repayment Period	Age at the time of full repayment
Below 72 Years	14 Lakh	60	Up to 77 Years
72-74 Years	12 Lakh	48	Up to 78 Years
74-76 Years	7.5 Lakh	24	Up to 78 Years

(ii) For Defense Pensioners:

Age	Max Loan Amount	Repayment Period	Age at the time of full repayment
below 56 Years	14 Lakh	84	Up to 63 Years
56-72 Years	14 Lakh	60	Up to 77 Years
72-74 Years	12 Lakh	48	Up to 77 Years
74-76 Years	7.5 Lakh	24	Up to 78 Years

(ii) For Family Pensioners (including Defense Pensioners) :

Age	Max Loan Amount	Repayment Period	Age at the time of full repayment
Below 72 Years	14 Lakh	60	Up to 77 Years
72-74 Years	12 Lakh	48	Up to 77 Years
74-76 Years	7.5 Lakh	24	Up to 78 Years

Interest Rate Personal Loan For Pensioners

The Fincare Small Finance Pension loan interest rate is 3.40 percent. In order to improve your financial standing for your serious condition, this personal loan is for personal expenses. On Dialabank, you might file for a debt.

Document Required For Loans For Pensioners

Identity proof:

Aadhar Card
Voter Identity Card
Passport
Pan Card

Address Proof:

Ration Card
Property Purchased documents
Passport
Aadhar Card
Utility Bills

Income Proof:

Salary slips
Bank Account Statements

Loan Amount on Bank Personal Loan For Pensioners

For each pension category, the basic original loan would be 25,000, but the total amount of the loan will differ by category, as pensioners in the retired state and central government may benefit from up to 14 lakh loans, while family pensioners may benefit from up to 5 lakh loans.

For State and Central Government Pensioners:

Age	Minimum Loan Amount	Maximum Loan Amount	Additional Ceiling Amount	Loan Tenure
Less Than 72 Years	25000	14 Lakh	18 Months Pension	60
72 to 74 Years	25000	12 Lakh	18 Months Pension	48
74 to 76 Years	25000	7.5 Lakh	18 Months Pension	24

For Defence Pensioners:

Age	Minimum Loan Amount	Maximum Loan Amount	Additional Ceiling Amount	Loan Tenure
Up to 56 Years	Rs 25000	14 Lakh	36 Months Pension	84
Less Than 72 Years	Rs 25000	14 Lakh	18 Months Pension	60
72 to 74 Years	Rs 25000	12 Lakh	18 Months Pension	48
74 to 76 Years	Rs 25000	7.5 Lakh	18 Months Pension	24

For Family Pensioners:

Age	Minimum Loan Amount	Maximum Loan Amount	Additional Ceiling Amount	Loan Tenure
Less Than 72 Years	25000	5 Lakh	18 Months Pension	60
72 to 74 Years	25000	4.5 Lakh	18 Months Pension	48
74 to 76 Years	25000	2.5 Lakh	18 Months Pension	24

About Fincare Small Finance

Fincare Small Finance Pension Loan

According to the regulations made in the 2014-2015 Union Budget, Fincare Small Finance Bank was set up as a small finance bank. In accordance with the functioning of a Small Finance Bank, Fincare Small Finance Bank is governed under the Banking Regulations Act of 1949 by the Reserve Bank of India. The Bank was set up to meet the needs of the unbanked and untouched population of the commercial banking sector.

FAQs

✅ What is the amount of compensation that is funded by a pensioner?

The minimum amount of loan to be used by a retiree is 25,000 and the amount will vary by which category the person falls under.

✅What is the Fincare Small Finance Pension mortgage loan?

Loans will be issued to all pensioners who have been employed in government departments, security forces, or who are spouses of pension recipients through the Fincare Small Finance Pension bank loan.

✅Where are we looking for a retirement loan?

You may call for a Fincare Small Finance Pension Loan from Dialabank or you can dial us at 9878981166.

✅ What benefits will the Bandhan Bank Pension Loan provide us with?

The interest rate offered at Fincare Small Finance to pensioners is 3.40 percent.

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